The “preliminary” plans offered by The Church of Jesus Christ of Latter-day Saints for the rejuvenation of Salt Lake City’s core downtown business district are far-reaching and exhilarating.
First, the Church has enlisted the expertise of a couple of top-notch national firms to advise and participate in the planning and development of the church’s holdings in the core downtown business district.
Secondly, they realize a key to downtown’s economic vitality is the presence of people. The significance of the Church’s decision to relocate LDS Business College and Brigham Young University’s Salt Lake Center on the block kitty-corner from the Delta Center can’t be overstated.
Finally, the Church is willing to invest literally “hundreds of millions of dollars” to assure the success of the project. Such an infusion of investment money into the heart of the city’s business district is an extraordinary and vital institutional commitment to its headquarters neighborhood.
As for the Nordstrom issue, surely other major national firms can be wooed to the exciting development if the Seattle-based retailer stands firm in its decision to leave Salt Lake City now that the city council has denied a move to The Gateway.
In KSL’s view, what has been proposed and will likely move forward is an appealing formula for success.