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  • ALTA (Deseret News) — A town-council meeting scheduled to discuss the proposed Patsey Marley subdivision has been changed from the town hall to the Our Lady of the Snows Community Center.

    The Sept. 3 meeting will start at 3:30 p.m. and will be open to the public, but it won't be open for public comment, said town clerk Kate Black. Rather, the council will discuss issues such as water and emergency access for the planned 10-home subdivision.

    The town will schedule required public hearings and a developer presentation on the proposal at a future date, Black said.

  • HARRISVILLE (Desret News) — Deseret Industries is leaving Ogden next month after more than six decades for a new location in Harrisville.

    The Deseret Industries at 2048 Washington Blvd., which opened in the 1940s, will have its final day of operation on Saturday, Sept. 19.

    The new Deseret Industries, part of the Harrisville Welfare Center, will have its grand opening Sept. 24-25.

    The welfare center will be similar to new centers in Layton and Logan, which are also both anchored by a Deseret Industries store.

  • (Salt Lake Tribune) LDS Church officials are planning to close a Deseret Industries thrift shop in Sugar House and move the outlet a few blocks west to the old Circuit City big-box store near 700 East and 2100 South.

    Plans also include purchasing an adjoining parcel and demolishing a historic mansion on the site, located northeast of the former Circuit City property.

    Although neither sale has been completed, both parcels currently are under contract.

  • (Salt Lake Tribune) The tide may be twisting in favor of Salt Lake City's goal to build a new downtown police headquarters with public money.

    A new poll, commissioned by the capital, shows 68 percent of likely city voters support a $125 million bond known as Proposition 1 that would fund a five-story police headquarters and a three-story emergency-operations center east of Library Square.

    Nearly 30 percent oppose the bond.

  • By Ken Holman
    Overland Group Inc, President
     
    Editor’s note: This article is the fourth in a five part series highlighting the five markets discussed at the 2009 Summer Symposium: Mid-Year Real Estate Economic Update.
  • The Office of U.S. Senator Orrin Hatch, the Woodbury School of Business and the Center for Ethics at Orem's Utah Valley University are sponsoring an economic summit on Friday where the financial future of the country will be discussed.

    Original Article

  • The Sugar House EmbroidMe will be moving to a larger location in mid-September. The new location will be at 2511 S. State in South Salt Lake. The new building is 3,600 square feet, nearly double the size of the store’s current location. EmbroadMe, which decided to take advantage of attractive lease rates brought on by the slow economy, leased its new location with the assistance of Eric Fuhrman of InterNet Properties.

  • (The Enterprise) A portion of property taxes in the Lehi area will be deferred so that the monies can be invested in Thanksgiving Park, a 38-acre development owned by Thanksgiving Development. The completed development will contain five buildings totaling approximately 710,000 square feet of commercial and 30,000 square feet of retail. A hotel is also in the preliminary plans. A Class A office building is already complete and measures 140,000 square feet. The building houses Vucci, Agel, Sorenson Capital, Propay and Private Capital Group.

  • (The Enterprise) Valley Station, a 17-acre, 200,000 square foot retail project in Heber which will be anchored by a 100,000 square foot Wal-Mart supercenter, will likely be complete in the second quarter of 2010. The Boyer Co. of Salt Lake City is developing the project. A significant amount of infrastructure has already been completed. Signed tenants for the development include Bealls, Rue 21 and Maurice’s. The project’s leasing agent Jake Fairclough of Commerce CRG is still negotiating with Chase Bank and Famous Footwear.

  • (The Enterprise) Nearly 95,000 square feet will be added to Valley Fair Mall in the second phase of the building's redevelopment project. Ross Dress for Less and Famous Footwear have signed on as tenants in the new space. Satterfield-Helm and Coventry Advisors plan to break ground early next year, finishing phase two a year from now. R&O Construction of Ogden will be the contractor.

  • Bryce Canyon visitors have a new lodging alternative. The Best Western Bryce Canyon Grand Hotel, operated by Ruby's Inn, recently opened one mile from the entrance to the national park.

    Original Article

  • (The Enterprise) The Factory Stores of America in Draper will be adding a 12-screen movie complex, an 8,000-square-foot restaurant to its site and an entertainment center. America’s Incredible Pizza Co. will also locate on the site with a 60,000-square-foot restaurant and game center. The restaurant will be built in the northern end of the Factory Stores of America building. Demolition will begin immediately, with the goal to open the pizza restaurant by Christmas.

  • LAYTON -- State officials are thrilled the South Layton Interchange project is finally under way, but not everyone shares their enthusiasm. Gov. Gary Herbert jumped behind the wheel of a large excavator and broke ground in a field near the Fort Lane Plaza on Tuesday afternoon, signifying the official beginning of the $97 million construction project transportation and city officials believe will alleviate traffic and revitalize old downtown Layton.

  • DAVIS COUNTY (Davis County Clipper) — Thanks to federal and state housing incentives, the county’s housing picture is looking up.

    That’s according to Brad Wilson, who not only is president of Destination Homes but also chair of the Davis Economic Advisory Council (DEAC).

    The state’s $10 million for new home purchases “really cleared a lot of the inventory,” he said. “If you’re in the market for a new home, you pretty much would be hard-pressed in Davis County to find something in the standing inventory.”

  • Sandy – The Salt Lake Board of REALTORS® reported Aug. 25 that home and condominium sales in Salt Lake County during the month of July increased 4 percent
    compared to home sales in July 2008.


    During the month, 1,094 homes and condominiums were sold, a 4 percent increase compared to 1,050 sales in July 2008. July’s increase was the second consecutive month that home sales in Salt Lake County witnessed a year‐over‐year rise. In June, home sales were up 5 percent compared to the same month a year earlier.

  • PROVO (Deseret News) — The Provo City Council has hired temporary, part-time help to carry out its intent statement to revitalize downtown.

    The statement is one of 10 resolutions passed during recent budget hearings that give the council more power to appropriate tax dollars. The resolutions dictate the timing and method of spending and include guidelines for the council and Mayor Lewis K. Billings to work together and with city departments.

  • (Deseret News) The price of homes sold in Utah fell almost twice as much as the national average in the second quarter, according to a government report released Tuesday.

    The Federal Housing Finance Agency Housing Price Index showed Utah ranked 46th out of the 50 states and the District of Columbia, with Utah prices depreciating 11.6 percent during the second quarter of 2009, compared with the same period last year.

    The nationwide depreciation average was 6.13 percent, the report stated.

  • PROVO (Deseret News) — The Provo Planning Division will showcase its recommended updates to the city's general plan at 6:30 p.m. tonight at Provo City Center, 351 W. Center.

    Last March, the Planning Division began the update to the general plan, which guides development. It's the first update to the plan in five years, city spokeswoman Helen Anderson said.

    The draft and other resources and public comment tools are online at generalplan.provo.org.

  • The smidgen of savings amounts to only an extra candy bar or a soda, but Salt Lake County hopes it will sweeten an otherwise sour tax taste. A week after dozens of sometimes-angry residents appealed to policymakers for relief, the County Council voted Tuesday to erase $104,000 from a $2.

    Original Article

  • BRIAN HEAD - During a public truth in taxation public hearing Tuesday night, Brian Head Town Council members held onto their self-proclaimed gag orders as residential and commercial property owners disputed a proposed property tax revenue increase.
  • Don't want to haul that pile of paperwork to City Hall for a building permit? Hop over to your computer instead. Salt Lake City has launched a new submission, review and tracking program that enables developers, architects, contractors and residents to submit paper-free plans to city offices.

    Original Article

  • Utah's home values fell nearly 12 percent over the past year, the sixth-worst drop among all states, a new report shows. The numbers, from the Federal Housing Finance Agency, underscore the harsh reality for many sellers in a down market, especially those trying to sell properties in higher

    Original Article

  • LAYTON -- Standing in a room painted black from ceiling to floor, U.S. Sen. Orrin Hatch, R-Utah, listened to Hill Air Force Base officials describe the technological future of American fighter planes. The near future brings more than 200 new jobs for Davis County, base officials told Hatch on Monday at a gathering to officially open a $38 million software maintenance building addition.
  • (Deseret News) The company that handles advertising, printing and delivery for the Deseret News and The Salt Lake Tribune is branching out into the world of real estate.

    MediaOne of Utah has launched MediaOne Real Estate, a full-service licensed brokerage, servicing home sellers. The company's Web site promises a "marketing arsenal" that reaches about a million people each week for a flat fee of $2,000.

    "We just felt that there is an opportunity in that area," Brent Low, president and chief executive officer of MediaOne, told the Deseret News.

  • (Deseret News) The Tracy Aviary in Salt Lake City has three years and $19.6 million to make renovations and upgrades to the facility.

    There's plenty to tackle, and project consultant Paul Svendsen says making the deadline will be a challenge.

    "It will be a tough deadline," he said. "But it's a deadline we have to make."

    Voters approved the money to revamp the aviary last November.

  • (Deseret News) From the very beginning, Salt Lake City was a planned city. One of the first things the Mormon settlers did was to lay out the gridwork of a town.

    In 1855, Jules Remy, a visitor to the city, gave this description:

  • A Utah judge has ordered that a polygamous group's historic farm be put up for bid to solve a cash crunch in a property trust once controlled by the sect.

    Original Article

  • The Odd Fellows Hall has reached its new location on Market Street in downtown Salt Lake City after a weekend move. The historic building, now catercorner from its previous site and sitting on motorized dollies, was inched 85 feet east on Saturday.

    Original Article

  • By Ken Holman

    Overland Group Inc, President
     
    Editor’s note: This article is the third in a five part series highlighting the five markets discussed at the 2009 Summer Symposium: Mid-Year Real Estate Economic Update.
  • DAVIS COUNTY (Davis County Clipper) — New apartments in many cities in Davis County are starting to pop up, despite the lack of apartments being rented.

    According to Arthur C. Nelson, director of the University of Utah’s Metropolitan Research Center, the amount of renters in Utah is expected to increase by at least 32-35 percent by the year 2020.

    Also, the amount of apartment construction in Utah is up 97 percent just for the 2009 year.

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