Tags: Infill Development
Posted 06.27.17 by Justin Banks
Situated between 100 South and 200 South, and 300 West and 200 West, Block 67 is an important 10-acre block that will help define the emerging sports and entertainment district in west downtown Salt Lake City. With Vivint Smart Home Arena and the Gateway to the West and the Salt Palace Convention Center to the East, block 67 plays an integral part of a vibrant, dynamic urban center.
Downtown has an unprecedented opportunity to capitalize on renewed investments at the Vivint Smart Arena, The Gateway, and now Block 67. The 2017 Downtown Rising Action Plan calls for a branded Sports and Entertainment District that enhances the area to expand regional audiences, increased spending on entertainment, retail, food and beverages, greater use of parking and transportation systems increases in sales tax revenue and more opportunities for original programming. Below is a brief summary of the Ritchie Group’s plans for block 67.
The Ritchie Group’s real estate development team recently unveiled plans to create a mixed use development just west of the Salt Palace Convention Center on Block 67. The block is currently occupied by the Salt Lake Buddhist Temple, Royal Wood Office Plaza and several surface level parking lots. The current proposal includes over 6.5 acres of planned development and more than 650 residential units, a mid-block street with access to 200 South and 300 West and a subterranean parking garage on the North-East side of the development. Plans also call for more than 100,000 square feet of retail space, almost 430,000 square feet of brand new office space, and an estimated 271 key hotel.
The project on Block 67 will be built out in two phases. The first phase will demolish the surface parking lot in the north-west corner of the block, and raise two buildings. Because each building will take up a large amount of ground, the developers have chosen to sub-divide the block into four smaller blocks. Block A will contain about 230 residential units and include a mix of retail space as well. Block B will contain a mix of retail space and hospitality space. The hotel in Block B is anticipated to have 271 rooms and will be operated by Marriott under the Element and ALoft brands. Phase I is expected to be completed by 2020, while Phase II slated for completion in 2024. Phase II will begin construction once Phase I is completed. In total the development will add 25 stories of new office space, 18 floors of new residential space, an more than 1.7 million in square footage for the entire development.
The Ritchie Group hopes the block 67 project will foster an environment similar to that of L.A. Live, which attracts more than 2.5 million visitors annually, transforming the block into an exciting sports destination with LED Screens that showcase events at the neighboring Vivint Smart Home Arena and across downtown Salt Lake City. However, current city ordinance prohibits screens of this nature, and without the creation of dedicated sports and entertainment district, or an overlay district of sorts, this will not be possible. The Ritchie Group also hopes to receive a conditional use allowing for more height on the farthest south-east corner of the block, which would house the office tower. Currently Block 67 is zoned for D-4 with a maximum height of seventy-five feet (75’) , however developers are allowed to build up to three hundred seventy-five feet (375’) if they obtain a conditional use permit.
Block 67 will be a major catalyst for underdeveloped and underutilized land on the west side of downtown. With booming residential development all around, Block 67 can be the Stockton to Salt Lake City’s Malone and be the perfect combination to make way for the exciting places people want to be.