The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1909-11-28
ADERBACH TO CUT
| TWO NEW STREETS
Secures Ten Acres, Nearly One
, Mile of Frontage, and Six
teen Business Corners.
sEWHOUSE HELPS CLOSE
BIGGEST DEAL IN ZION
largest Store in the West to
Re- Erected at Once Oh Halls
Hotel Corner.
:.

= omen two now streets, each sixty Il
six feet wide, through the above !.
i block, ard IuD covered arcade =
!; from Exchange place TO Third =
4 South, continuing Cactus street i.
I north through thc block 10 Third =
South. ON ihe Halls hotel cor :.
! ner be will in ninety DAYS begin !.
: the erection Of the largest depart =.
men, store in the West. each floor =
Ia contain 10000 square feet of -
4 space The yaluc of his holdings !.
for land alone in this vicinity is i.
p over S3000.000, which he will i'm !.
4 prove TO the extent of from 3d. i.
100000 10 $5.000,O00 more. This is :.
Z The largest real estate deal ever :.
closed i'll Salt Lake City. :.
RI ::
l. The largest real estate deal ever made
h Salt Lake property was announced
Saturday by Samuel II. Aucrbach,
though his sons. Herbert and George
lucrbach, and their assistant, Henry
Wallace. Property on State, Second
|ast, Third South and Fourth South
6recls has been secured either by pur-
:tase or fifty years lease covering
ner ten acres in the heart OF the busi-
sss center Of the city, including six
7 su business corners, and giving one
bic OF frstclass frontage. The pur-
'ile price was something over s., 600
~ for the ground alone. MI Auerbach
saonnccs that he will at oucc begin
nprcvcments tbat will in the end cost
ftweel sS.U00,0 900 aud $4,000, 900, cX-
/ usIrc of the land itself. These i'm
|. Hoycmcnts will include the cutting of
Ifc new streets. sIXty-siX feet wide, run
Hne east and west from State 10 See
ld East and north and south from
IhIsd South TO Fourth South, the new
>zesis 10 cut the block incIosed with
The streets Just mentioned These
fv streets added TO those that sur
rund the block. Will give Mr. Aucr-
4 Peh over half d mile of frontage in
ps one block alone,
is also stated that Mr.. Aucrbach
y secured the land Just back of the
Rsnn aud o Colonial thcaters that
pr's on Exchange place and will run
n soyered arcade north and south
fqugh ibat block from Third South
N Exihange place. which viii be prac
=. P'ally continuation of Cactus street
4 elh 10 Third South although under
- Biggest Store in the West.
n ~ Inc corner of Third South and
: i'e, where the Halls hotel now stands.
- Y Auerbaeh announces that he viii at
u oegIn The erection OF the largest
n Pertinent store in the West, with a
- space Of over $4,000 square feet
lcor This floor space is about equal
v lus. of building extending one
~ ~ block and snynufv-Gyc foof dnen
~ rs apartment store will face on Third
wv OF State and on Exchange place,
b coFcdng ono entire corner and
sG "Ir north aud south entirely
=" 'Gush The block How many stories
VIII bc Nr. Aucrbach has not
)b uNidcd: The plans arc now beng
az egc br Arnold W. Bwuucr of New
v" hH Wy, aud thc Halls hotel lease.
"a s VIII be notified 10 vacaic IN
w ,g daYs Is The present building viii
A. 'oe'u al that tue and the cODstrUr-
~ the foundations of the depart
npIe VIII begin Just as soon as
weather permits.
"a ms store viii be-rpn in c1osc con.
WgyI WIFE the present Auerbach store
-al street, which VIII Also be much
se1 and improved.
~, pr0pc,tv in This yi.initv now
AZ Ill., o9i! night OF controlled under hall
ETs csSeS bv Mr.. AUcrbach includes
NV nuu'sioId. the Halls, the Manitou
we loulalnc hotels, the Colonial
~ snd the Mission tbcater (thc
Ir.ponS Tor The latter are now be-
az ,IVIeal' The Brooks Arcade and
uaIt the block between Third
ra rsna Fourth South, State and Sec
AsSN streets. as shown BY the
pol'ious of the attached map,
Nc"icuse Lends His Aid.
cHH orn rlgnertr was secured from John
sr, "Hslian, riln tho Salisbury company.
tlsher, Joseph Morris, John
s91s'' 9"s j. y. tc BouZck, the Salt
- ~ corporation, Cunningham cs
Phipps. Ben Davis and Joe
~ mas taken Mr.. Auerbach a
bods Sct 1t together aud the deals
n nv b'n tarlled through with great
II Gne OF the best real estate
Nv a;na 'he city. The person who, ac-
M1-s 10 Mr.. George Aneybach, did
6s@ 20 AID Mr.. Auerbach in ac-
4" II. 'p9 necessary property 30 carry
pians was Mr. Samuel New
A. Hewhouse rendered us iuval Ia.
lss, said MIR. GEORGE Au"r-
t night. "m the FIRST place
DE- ~ ,aT sighted business instinct
ana w9louke and his financial cour-
h h. 'plendid faith in Salt Lake,
Ehouse ouoTcd by putting. up the
lase and the Boston Buildings.
hnln''oedlmy hnln father 10 follow his
ia, specially rs the business dis.
sy fspidly spreading.
pino ''usIance. we offered several in
Hall sulns to Ny. Henry Phipps for
hr w;,Io,c nIo,ci corner and could do
kc ta.ii nIln. Mr.. Ncwhorsc took
asd ,sd ard. through his pYlirurr.
''tonal Influence. Wc secured
. ''A'lnaed on Page Three.