The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-12-30
UPPER MAIN STREET ADvAN TAGES.

ful factors at work to keep this section
strong. The union passenger station of the
oregon Short Line and Salt Lake Route is
belng constructed at South Temple and
Third West streets. preserving the stream
OF travel from this direction. Tourists all
WISH the Temple square, and this current
OF Traffic VIII be preserved. The shops of
the hartman system and other manufac-
turing plants are building up the northwest
ern part OF the city, contributing another
current. The erection of the DeSeret News
building at South Temple and Main streets
mas helped to draw people to that locality,
and the construction of fine hotel and Of
flee building on the corner diaconaIIv Oh
poste would help still more. The street car
system is so arranged that the greatest
number of people aIight on upper Main
street."
Inc greatest drawback to upper Main
street. is that the majority OF the buildinqs
are old and lacking in modern accoTnmoda-
tons. If the old buildings are replaced with
nIgh-ClasS, modern structures, this section
will be able to retain much of the office pat
r0nage. II the present owners refuse TO i'm
prove or to sell at reasonable prices to
those who will, the renters of Offices will 90
Where they can secure the best of accom-
m0uatl0nS at a reasonable figure. and
much OF the current of travel will 90 with
tnem. The result would be depreciation
IN relative values of the real estate in this
quarter.
Other streets should not be overlooked
as locations for business property. State
street is the main highway of travel from
the south, is closer to the better residence
section, and may become q Stronq rival of
Main as a business street. Salt AXE blocks
are so large that vast amount Of vaIlIa-
BILE space is wasted in the interiors. As the
pressure of business increases, more new
streets will be cut through the bio blocks,
Just as Mr.. NeW1OuSe is doing. Commercial
street will eventually be converted into a
respectable business street, and others will
be opened. The business will naturally
overflow in all directions, improving West
Temple street, for example, and others.
wholesale houses will fill in the territory
between Main street and he railroad
tracks, and extend beyond.
Manufacturing plants, dependent on
cheap fuel, cheap material and ConVen-
fence of transportation, will spring I'D on
the west side over large area.
RESIDENCE GROWTH OF FUTURE.
1t is easy to figure cut the residence
growth of the future. The Workingmen will
seek the cheap lots and low rentals of the
west especially if they are employed
in those l0CaIities-and those sections
south and southeast where cheap quarters
may be secured. The better class of resi-
denCes will be built east, southeast and
northeast. he best of them will seek higher
ground. The new sections, where there
are no old and unSghtIy dwellings, will be
in especial demand An improved street
car system will give added value to the
outlying sections, which will be built up
with good residences. Meanwhile the in
tervening territory will be steadily built up
with more modern structures.
The outlook for the immediate future is
that speculative buying will become a still
more important factor in the real estate
market. In business property this will be
principally along the edge OF the business
Center'S expansion and prospective in
creaseS in the currents of travel. People of
means too moderate to indulge IN pur-
ChaseS of business property will turn to lots
farther out, where the growth OF the city
and improved transportation facilities Will
cause an increase OF values.
A highly encouraging feature is the
increasing demand from outside for Salt
Lake real estate. Proper advertising of the
resources of Salt Lake City and Utah will
incrnacn fhic aiItcinln ccr,c..aL GILL ..aa..l