City Creek & Downtown

City Creek & Downtown

CITY CREEK ACCOLADES & AWARDS TIMELINE LEED GOLD CERTIFIED LEED GOLD CERTIFIED 2006 2007 2008 Richards Court 99 West May March April Salt Lake Chamber Downtown Rising UTA completes launches Downtown Vision is released Salt Lake Central LEED GOLD CERTIFIED LEED GOLD CERTIFIED Rising Station and Front August Runner North The Regent Kirton | McConkie Building October Key Bank Tower is Property Reserve demolished, the Inc. announces first building to be plans for City Creek imploded downtown LEED SILVER CERTIFIED LEED SILVER CERTIFIED in almost 25 years Neighborhood Development City Creek Center December Construction on City Creek begins 2011 HERITAGE AWARD 2013 HERITAGE AWARD 2011 2010 2009 First Security Building ZCMI Center Façade April Jan-Dec Jan-Dec Mid-Jordan and An additional 30 More than 30 West Valley TRAX businesses move businesses move Lines completed downtown downtown Summer March December Gallivan Plaza Main Street 222 South Main reopens with skybridge is placed Street is completed CITY CREEK & DOWNTOWN improved venues adding 459k square and ice rink May feet of oce space Richards Court A CATALYST FOR COMMUNITY August Condominiums Summer City Creek Landing opens 90 City Creek Food opens 111 residential residential units Court opens units September The Regent opens 150 residential units 2012 2013 2014 Main Street, looking south February April July Harmon’s at City Airport TRAX Line Ground breaks for Creek Center opens completed Salt Lake City International International Property Awards March GREENBike opens Airport’s new City Creek Center Best Retail Development Award with 100 bicycles terminal project 2012 opens and 10 stations The Downtown Alliance December City Creek Center July Downtown Achievement Award Jessie Eccles 2012 reaches 98% leased Neumont University Quinney Center for on retail space Envision Utah opens on Main Dance opens Street Grand Achievement Award 99 West 2012 Condominiums International Property Awards opens 185 Top Three in the World’s Best Retail Development residential units 2012 International Council of Shopping Centers Outstanding Shopping Center Design Award 2017 2016 2015 2013 International Council of Shopping Centers February September Jan-Dec Outstanding Shopping Center Development Award The Downtown 111 Main is Several residential 2013 Alliance launches completed adding developments are International Council of Shopping Centers Downtown Rising 440k square feet completed, bringing Vision Innovation Value Achievment Award | Design & Sustainability Action Plan of oce space the total number of 2014 units available International Council of Shopping Centers March October downtown to over 5-year George S. and Most Outstanding Example Shopping Center | Design & Development 6k 2015 anniversary Dolores Doré Eccles Economic Development Corporation of Utah of City Creek Theater opens February Center Cornerstone in Economic Development Award Regent Street 2016 improvements begin Utah Certified Commercial Investment Manager Chapter Hall of Fame Award 2017 Sources: City Creek Reserve Inc., Utah Department of Workforce Services, Kem C. Gardner Policy Institute, Downtown Alliance, Visit Salt Lake SNAPSHOT INFILL BY THE NUMBERS From concept to completion, City Creek has been a catalyst for rapid urban redevelopment in downtown Salt Lake City. Construction began CITY CREEK DEVELOPMENT at a time of great national economic uncertainty, but the City Creek project provided confidence for additional investment throughout downtown. Beginning in 2006, Property Reserve Inc. and Taubman 2.1M 140 FT 80% launched a bold endeavor to reinvigorate the downtown area. With square feet skybridge of ZCMI & hopes of strengthening the regional center, City Creek created of oce spans over Crossroads thousands of jobs, and spurred other developments, including 111 Main space within the City Center TRAX Mall material and the Eccles Theater. City Creek made housing a priority by adding City Creek station on Main Street reused on over 500 residential units to the heart of the city, a key vision City Creek outlined in Downtown Rising. People not only work and play downtown, they now have opportunities to live there too. Ultimately, the impact of City Creek has extended regionally, from influencing 23 ACRES 7M 320K transportation to housing availability and infill development in of land developed, labor tons of steel downtown Salt Lake City. covering the span hours were used Rendering of Regent Street of three city blocks during to build the construction skybridge WAGE INCREASES | 2007-2015* 1200 FT 2K 200 re-creation of construction Bonneville City Creek jobs were & Cut Throat that runs created trout reside through the at City Center Creek Center 74.1 26.9 119.7 PERCENT PERCENT PERCENT IMPACT ON DOWNTOWN 200K 115 17.3M 5M Hotel Wages Food Service Wages Retail Wages visitors in stores & visits in visitors attendance restaurants 2016 from 111 South Main + George S. and Dolores Doré Eccles Theater opening outside weekend of Utah SALES INCREASES | 2011-2016* 536 62% 40% residential increase in of dollars units downtown room spent at City nights booked Creek come 46 11 44 from outside PERCENT PERCENT PERCENT SLC 2K 6.1B 1K 83% jobs total seat increase in were downtown food retail Downtown Retail Sales Convention Retail Sales Share of County Attendee Spending retained value court employment (2007-2014) Rendering of Regent Street Hotel “City Creek is a model for urban architecture, not only in the "It’s gratifying to see the momentum City Creek ignited as a catalyst "Albion Fit has experienced a 200% year-over-year increase in sales design and construction, but in its purpose and operation. for investment. The revitalization of downtown is an abiding after opening at City Creek. The international clientele and prime We understand that we are part of a larger downtown source of satisfaction for all of us who’ve had the location, paired with exceptional management, has made all experience that is more than just shopping.” privilege of being part of it." the dierence for our store." - Linda Wardell, General Manager, City Creek Center - Mark Gibbons, President, City Creek Reserve, Inc. - Elizabeth Findlay, Albion Fit, Owner *These numbers represent the downtown area and not exclusively City Creek .

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