Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1909-09-11
REAL ESTATE and BUILDING

, rhe prospect Of better car service and
an Improved road 60 the city b. ahcct-
inc Inc demand for lots In the additions
owned by Nimhau A. Richards and in
some cases lots are hclng resold az an
ad,anco OF IS per cent They report
q good demand Tor lots at Jackson
souarc. southeatc Park. LOCKWOOD ana
Hollywood Dnimg the week y lots
have been sold.
Tho scvcn-roomcd moder1 home OF
Mrs Tottir Gillespie at i2i cast skin
south street has been sold Go MISS
Pearl Peterson Tor $500. The mouse
is modern i'm every respect Win nara
wood floors, gas ana electric hght
Tho sale OF the salt Palace, With itE
DO acres Of real estate and all the I'M
provcments b. one Of the probaoili.iea
uf the near future I'm real estate circles
II h reported that negotiations are now
I'm b,t,,con Frederick Heath and Jacob
Noritz and Emil NJ Lehman. vice ptesl-
ident and general manager and assist
ant manager respectively OF the SAN
Lake Brewing company Tho price is
said to bc close 20 N5o0oo
Evcepiinc ihe sale of lots In the
vorious additions the real estate mar
lct has not been yer, active thousn
iriccs are firm and there are inulNa-
lions OF good business later ~ tne
ram 4 well known dealer Reports
stincning ur right along In Tho south-
ofn district of the city. in the NlclnllF
of state and Main streets. and also on
Tho west side ~ the CITY along 1hlfu
south. aud o.her nlaces south MntI'
uackaee facilities arc needed. me
report of an eastern agency thar SAT-
Lake CITY heads the list OF American
cities for gains in building pefhli.s
last month WIN u is believed hslp
To- can attention TO the Wonuetu'
Growth of the CITY and influence cap-
ftaI 20 seek Investments IN real estate
here Thus FAR tho advance In prices
las been steady. but with the innuN
Of outside capital which the presett
growth OF the city and the Prosperity
Of the state VIII produce sooner "
later. prices may be expected 70 snow
marked advances In certain localities.
The construction work on the large
buildings outside Of the TWO msih
moth hotels. Is being rushed ThcN
are ONLY being held back for shot'
time on account OF tho DELAY ~ GET
ting steel. The Commercial cluo -
fast assuming importance with us
uppcr stories 81 FIRE brick on the nrsi
two stories o. rock. The Mining h.N-
change Is piastercd aud viii soon ne
ready for business Tho Holmes knox
building on state and Second south,
which Is heing built al cost OF about
Srs5.OO0 rs ALREADY up to the top moor.
and the excavation for the basement
or the Lynch building a. the corner
OF Second South and Second ta5i
streets Is conn ietcd. The ground floor
of this building is 20 be occupied by
the Studebakcr company as garage.
The old building at Al Main street
has been removed preparatory To the
erection Of four-story structure bN
W. Il. Wallace az a cost Of about NSp,-
600 The steel work OF the Felt build
ing lust north Of the Boston block on
Main street b. now rising above the
ground floor The same Is true OF the
Fisher building. Immediately north OF
the Utah Light & Power company
building on West TEMPLE street The
six-storv structure known as the
Mageath building. just east OF the
Colonial thcater. on Third South.
stands with all It's steel frame COM
plcted 10 the sixth floor like a huge
skeleton and the concrete forms are
nearly an in place up 10 the second
floor. so that u viii not be long be-
fore an the steel supports Will be i'm
bedded and hidden in concrete. The
brick work at the mammoth GYM
T, nasium building OF the J.. j. uni
| versity is also slowly progressing to-
I wards the roof Of the steel frame and
the bun pressed work with the dark
! mortar joints. looks pleasing To the
| eve. Activity N seen everywhere In
the building line. and az the same
time IN addition 10 these and smaller
! buildings IN course OF erection In the
business district. houses large and
small without number are in course