The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1909-11-13
PAT MORAN IS TO
BUILD SKYSCRAP
Concludes Deal for Purchase Of
Seventy Feet of Property
on Main Street.
WILL BUILD BETWEEN
BOYD PARK AND AUERBACH
SiXteen-StOry Building Is What
Well-knOWn Contractor Is
to Erect.

Patrick j. Moran will build sky
scrapcr on Main street. The deal ir
real estate which brought this about
and the initial NOV cmcnt OF which iu
wolves quarter million dollars were
perfected on Friday, when Mr.. Moran
became the owner Of seventy feet oil
ground on Main street, between Firsi
and Second South streets heretofore
owned by Samuel II. Aucrbach.
The property which passed into tho
hands of Mn Moran is now occupied by
Mehesy, by the Auerbncb millinery de
pertinent, and the building formerly &C.
rupicd by the Utah Savings and Trust
company. The frontage is seventy feet
and the depth exceeds 200 feet. so that
the price per front foot exceeds $1,000
the highest price ever paid for Main
street property.
The purchase Of Mr.. Moran adioirs
the building recently purchased by BoYd
Park, which is TO the south of the prop
perty. and il extends uorrhward 10 the
main store building Of Aucrbach broth
crs. Samuel H. Aucrbach makes the
sale and transfers the property. Upon
this site Mr. Moran intends TO erect n
slxtcenstory office building, the lower
floor to be occupied as store rooms. Work
is to he commenced at as early q date
as practicable, and as soon as the terms
Of tho leases, which arc short, expire.
VIII Be Monument.
Mr.. Moran could not be seen on Fri
day, hut those IN a position 10 know
say that he Will erect n building on
the site which he has purchased that will
be Il greater monument to him than is
the Big Cottonwood conduit
If what those inside "ihe deal say
is true, the structure which Mr.. Moran
Will erect will eclipse anything that has
thus far been constructed in Salt Lake
and thc floor space will be enormous,
The building which he will erect. will
of course, be OF steel and concrete, and
it is understood that the trimmings will
be Of terra Gotta. 4 it is said that it viii
be the equal of any office building in
tho country.
This purchase of Main street prop
erty fixes the business man on this
street. The magnificent building which
former Senator Kearns is erecting only
eighty feet north Of the site of the
Moran pure hasc, tho hotel building
which rs under construction al South
Temple and Main streets: the sixteen
story structure which The Utah Security
and Trust company propose to build on
the site now occupied by the Utah Ma
tional bank, the new Nevhousc hotel
on the corner of South Main and Fourth
South streets, settle the question of the
map of Main street.
Others to Follow.
These structures mean that others viii
follow, that within few years, not
moro than five, Main street will be lined
with buildings that will make it look
TO tho pedestrian or tho party in u
vehicle as if they were traversing a can
you in the mountains,
This purchase Of Mr. Moran shows to
the people of Salt Lake and to Utah
what The effect OF the recent city clcc
lion means. The victory Of the Amcri.
cans means the expenditure Of millions
of dollars, whereas had hcpopposition
won. it would have meant stagnation
aud decay.