Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-02-19
REAL ESTATE and BUILDING

completion and the men are putting
down the masonry bases in the center
OF the excavation for the reception OF
the heavy steel uprlghts which will
shortly be rearing their tops above the
high board fence that encIoses the
place. When completed, this will be
one OF tho most commodious and up-to-
date office buildings In tho city.
Aside from the Paulson- Brunswick
Balke- Collender deal in which the re-
corded papers placed tho valuation ut
$40" when in reality several hundred
thousands of dollars worth OF proporty
for tho wook hnvo been inconseQuen-
tial. There have been some small dcals
closed and inquiries havo been fairly
good. but the continued winter con-
ditlonB havo had a dulling effect upon
the market generally. Tightness OF
money ot tho banks. and the result of
several winter months drain upon the
accounts OF small bank depositora. who
have no regular incomes during the
winter, Is another renson for qulotness
in the smaller transactions. The stop
page OF through business on the Salt
Lake Route to Los Angeles Is another
cause given for dullness. Attributinz
1t principally to this last cause, some
OF the restaurants and barber shopH
80 per cent since the great washout
All together. these causes have kept
real estate down for several weeks
past But the prospects for lively
market when the weather breaks and
spring is ushered in were never better.
One prominent dealer said today:
That one bright. mild day we had
this week showed me how business will
be when spring comes: why. the pco-
pie so crowded our office that we were
unable to handle them" And this seems
to be the general sentiment among the
real estate offices of the city.
But while transactions have been
limited building operations throughout
the city have been going on at a sur
prising rate. The work on the various
large stores, office buildings, storage
houses. apartment houses. cottages and
residences. and the business section of
tho city and the residence district is
numerously dotted with these half con-
structed buildings. has been progress
Ing in spite of the weather and the
dull market. When the buildings now
going up are completed. Salt Lake will
be much more of a metropolitan city
than 1t was year ago, and several
millions of dollars more will have been
invested In improving the best little
city in the inter7nountaln country, IL
not the best Of its size in tho United
States today.
Few Salt Lakers have any idea of the
amount OF money that Is today being
put into building improvements in the
one block bounded by Third West and
Second West, Second South and Third
South. Those started and those con-
templated will foot up to close to half
a million dollars. David Eccles and
NJ. S. Browning Of Ogden are erecting
a building there $50 feet long to en-
brace 1S stores, to cost between s160,000
and 100000. Tho ground thev recently
secured in there is 40 by 10 rods. run
ming from Third West through tho
block east to Second West Many of
these stores have already been leased
for 10 years, the intention being to
make this a regular market place for
produce dealers. 1t is also reported
that these people are figuring on erect
ing big cold storage structure. to cost
probably not less than $4,000. on the
east end OF this strip. and on the west
end next to Third West, another
structure to cost near $4,000, to be oc-
cupied by the Western Packing COM
pany.
Adjoining the Eccles- Browning prop
erty on the northeast, taking in the
southwest corner of Second South and
Second West streets, Crane company,
one Of the biggest plumbing supply
concerns in the United States, are get
ting ready to expend upwards of $780,
900 In new buildings. Their property
is 10 by 10 rods. which they pur-
chased through Little & Little about
two years ago for $4,000 They are now
tearing down the old Baptist church
that has been a land mark on that cor
ner for so many years. also the other
old building to the west of it, and will
this summer erect an immense modern
structure on this valuable corner They
have sold their present quarters across
from the police station, which they
purchased some six years ago. having
entirely outerown them
Across the street north of the site
for the new Crane company home, A.
keysor Is now completing 5-story and
basement storage building at cost OF
$40. 600 This is one of the best
safety vaults. flre-proof walls. floors.
and office rooms in the front for the
or the storage men. 1t Is
a very handsome structure, and adds
to the appearance of that
part of the town, which Is fast COM
ing to the front from a business stand
point.
The Utah Ice & Storage company
will enlarge its plant at Third South
and Fifth West the coming summer
10 the extent of 100000, making the
total investment 100000. This is
resultant from a trip to Salt Lake OF
+. ]. Ullrich, OF Colorado Springs.
treasurer and general manager The
plant Will have a storage of 10000 tons
and VIII be the best OF its kind In the
west. William Pracltwinkel is the Salt
Lake representative OF the company
which is composed OF Colorado capital
lists.
The Highland Park addition in Sugar
House. consisting OF 500 acres, is the
largest plated tract ever opened up
near SILT Lake. Big things are doing
things are In contemplation. Tho
streets are now being graded In read
ness for the 20 miles of cemeLt walks
10 be laid In early spring; tesides IL
miles of curbing. Over 5000 shade
trees. consisting of boxelder, Carolina
poplar, maple. etc. Will be planted this
spring. Every block corner will be
with an ornamental California
All these improvements
win cost 100000. Then 1t is planned
to erect 100 residences on the proper
ty. costing from 81. 600 to 50 600. There
will be reserved places for business
houses. schools and churches. In face,
Il Is really the laying out OF a modern
little city in itself. Before Kimball
& Richards got through improving
this tract they expect to have expend-
cd close to a third OF million dollars
In improvements alone.
Cannon '& Cannon report sales in
Hill Crest this week as follows:
Amundsen. two lots; f. II. Os-
born, five lots: George Schramm. two
lots: Rudolph Reusser two lots; Marie
Raner 9 lots. JameS Rentson one lot