The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1906-12-24
Salt Lake Entering Upcn an
Era Of Substantial
Growth.
IMPROVEMENTS PROJECTED
IN EVERY DIRECTION
Property Valued at $t33.500
Recently Acquired by One
EnterpriSing Firm.

Thre are many evidences that Salt
Lake is entering upon an era of sub
stantial. steady expansion and perma-
neut growth. The confidence which the
cnterpriSing citizens Of means-men
who have made money here-are mani
Testing in Salt Lakes future greatness
is one Of the most favorable Indications
that n season of continuous prosperity
is in store for this city. The purchases
OF real estate recently made and max
ing and the improvements projected are
the enterprlslng movements, not ot for
eign individuals or combinations uf out
side capital, but of Salt Lake citizens
business men whose experience has told
them what this city has been and is
now as business point and place of
residence, and who with common sense
reasoning can readily discern the mag
ni6eent Salt Lake of the future.
The character of tho improvements
in process of construction and those
which have been projected aud many
other contemplated gives emphasis TO
their confidence that Salt Lake is bound
to be the commercial metropolis of this
great inland empire. The best evidence
that anyone can give Of his confidence
in the city in which he lives. makes his
home and does his business, is his viii
lingness to aid in the building up of
that city This line Of action ON the
part of the citizens not only indicates
confidence but demonstrates that kind
Of enterprise without which no city was
ever built.
Splendid Structures Planned.
There are many splendid structures
planned for next year, the blue-pTints
of which are already out. In this con
nection IT may not be amiss TO call at
tention ID the magnificent structure pro-
NV
seph Levitt. aud which will be complet-
ed as early next year as possible. These
enterpTisino business men have pur-
chased the ground and already have the
plans ont for n magnificent building of
twelve flats. three stories high and base
ment the ILLUSTRATION of which appears
elsewhere in this morning S paper, the
work of Headlund e. Wood, architects.
This imposing structure will be built on
O street near Brigham. The front Will
be of cut stone and pressed brick and
is intended to be fac simile of some
Of the latest improved modern fats now
being built in Chicago. Each fat will
contain seven rooms and all modern inn
provements will enter into their con
struction. To accomplish this, cost will
not he taken into consideration. the
object being to have every convenience
and that of the best. This structure,
when completed, it is estimated, will
cost $3.50
New Business Block.
Messrs. Davis and Levitt own the
corner on First street with a frontage
Of 10 feet adjoining the Knotts grocery
and meat market and the Anness drug
store. on which they propose TO erect
a splendid business building at
further cost. of not less than $4,000.
Ii is the Intention Of these gentlemen
TO make a business center for that por-
ton Of the city. The scheme will not
only prove profitable, but will be
great convenience To the people in that
are necessary in every city. and espe-
cially so in Salt Lake, where they will
have tendency to relieve the con-
cested conditions which prevail in the
business center for lack of space in
which to carry on business TO the best
advantage The above enterprises en-
tered into by Davis and Levitt. when
completed, will mean an expenditure OF
$s0,0O0,
Good Business Property.
In addition to the above, these gen
tlemen have also recently purchased
the southeast corner of Third South and
Second East streets, upon which stands
handsome terrace facing on Third
South street, for which they paid the
sum of S53,5oO, making total invest
ment by this enterprising firm of $l33,-
500 This last purchase is valuable in
side property, which can readily be put
in shape for business uses when the oc-
casion shall demand,
Peter Droubay has purchased the
Keyser Investment company IS property;
located at the southwest corner of
North Temple and Second West streets,
for n consideration Of $4,000. The
property has frontage of 232 feet on
North Temple and of 119 feet on Sec
ond West street, and is improved with
three double brick terraces, one two
story modern terrace, one triple terrace
and six single brick terraces. The
property is said to be bringing about
1925 per month rent, having an earning
capacity of from II to ID pc rcent--a
sample of the inducements offered TO in.
vestors by Salt Lake realty, The deal
was closed through the agency of A.
Richter,
The residence property at GAS Lin
coin avenue was sold Saturday TO Dan
iel Connoly by the Colorado Investment
company of Denver, through Tuttle
Bros, for s27oo