Growing up, out:
From now to City Creek's debut, Gateway will keep growing.
When the city forbade Nordstrom and its ilk from opening at Gateway, it bent the rules to allow stores such as Target, Kohl's or Wal-Mart. But Gateway has given up on a department store and will instead convert the parking lot north of Barnes & Noble into up to two more eight-story office towers, with retail on the ground floor starting in 2007. A third office tower soon will be under construction on 200 South.
"We're 100 percent leased. People, they like this atmosphere for an office location," Jake Boyer says.
Cowboy Partners - the same company building some of the housing at City Creek Center - is set to build 150 higher-end apartments on 500 West, adding to the 500 apartments or condos already at Gateway. In addition, almost 370 more housing units are planned by other developers immediately to the west. And five blocks north, 90 condos or town homes are set to be built as part of a mixed-use development.
Gateway developers are in negotiations for a 125- to 150-room boutique hotel on 400 West, fulfilling initial plans for the shopping center. "We're talking to several hotel groups. It would be a premier place to stay if you were coming in from out of town," Boyer says.