The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1909-11-13
STATE Street. To
HAVE BIG STORE.
Great Department Establish
ment to Be Established at
Third South and State.
DEAL FOR HALLS HOTEL,
Is SAID TO BE CONCLUDED
knutsford Hotel Building Has
Likewise Passed Into Hands
of Syndicate.

The kuutsford hotel building has
passed Inio new hands. 1t has been
purchased by syndicate. which will
take possession on December ]. The
price paid has not been made public,
but 1T was goodly sum The present
lessee of Tho knutsforc, G.. S. Holmes.
has lease upon the building, which
runs, Il is understood, for two years
yet. The syndicate which has pur.
chased the property likewise purchased
great deal more in that vicinity and
these purchases extend TO Fourth South.
Big blocks of ground i'm that locality
hayo been purchased BY the syndicate.
What disposition will be made of the
hnutstord hotel is not known, and tho
lessee, Mr.. Holmes, mas not been ad.
Nlscd AS said, his lease runs for two
years. SO that he no doubt takes n
complaccnt view Of the situation. I,
has been gossip upon tho street that
the great structure would be quilted,
so TO speak, reulodelled and made into
a big department store and the date
for the possible change was gwen aa
January | next. The lease OF Mr..
Holmes prccludcs this.
The same syndicate which has pur
chased the Kuutsford has also secured
tho corner diagonally across tho street:
that is, the southwest corner OF Third
South and State streets, the building
thereon being occupied now by tho
Halls hotel. This property has long
been held by the Phipps combination
of Pltlshur6
Will Build Big Store
Those who are on the inside declare
that the old brick structure, which for
so many years has stood on this cor
ner, IS to be razcd and a modern
structure erected, This building, So
rumor has it, is to be of steel and
glass. and with the magnificent front
age which it has on State and Third
South street makes it an ideal place
for-a great department store.
That such an establishment is CON
tcmplated is evidenced hy some recent
changes in property upon Main street.
During tho past two wears the changes
on State street have bcon marvellous,
The erection Of the Holmes Knox ho-
tel on the corner of Second South and
State street. tho razng of the old
shantles south OF The Utah Independent
Telephone building, and the erection Of
a modern building there the new brick
and steel structure going up lust north
of tho Bungalow thcater the new st.
Cecllc hotel, among tho largest hotels
IN the city, has caused boom on that
street that Is. astonishing.
Therefore. the rumor that i great
structure is to mark the corner of Third
South and State streets is not out Of
the ordinary AS TO who the purchas-
CT of this valuable corner is, The Trib-
nm nrt1 al III.
IL 10 say that the pure chascrs have ava
pie capital to carry out any project
and that they will do this is beyond
question.
Third South street is now a thor.
oughfare it VIII he a greater one
later ON. West Temple street is To ho
one of the wholesale streets of Salt
Lake, and will mark the eastern line
of the wholesale district for manV
years 70 come. State street, in all
probability VIII mark Tho eastern line
of tho retail district, and the improve
nentS now under wey and projected
aud which viii ultimately be carried
o conclusion viii mako of state
street retail street as Main street
>ow is and always Will be.
Another Big Building.
Still further. IN connection with tbs
Improvement of State street, an Oh.
ION haS been secured upon Tho property
VI the northeast corner OF second South
Ind Main streets. Indeed it. is said
hat this property has also passed into
be hands Of n syndicate which con.
emplatcs n more substantial improve.
nent on that corner, These aro lust
few OF the good things that VIII
lappcn 10 Salt Lake in the near fu.
urc, In another column is told tho
tory of a big deal in Main street,
'hero is no question now about Salt
1akc. Thore is nothing 10 stop il. A.
rediction, because The Tribune does
ot receive revelations. is that fivg
ears from now Il quarter million peo-
le VIII live In Salt Lake.
This means q great immigration into
he state And while Salt Lake pros
crs, so viii tho state, Settlers on the
rid lands viii cone-scttlers on IT,
Gated lands will come Tho various
aclamation projects in Utah tbe fact
hat Salt Lake is an American city,
as turned all eyes toward Utah.
here will be migration this wav
ext year. This migration means
siurcnaiion of The state. II means
lat L Utah is 10 take her place in tho
mepcan union To which She is en-
tied.