Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-01-15
REAL ESTATE and BUILDING

The real estate world still remains
In Its winter torpor, with little outside
OF few residence deals being regis
tered. 1t Is taken TO be the calm which
preccdcs the storm and while the sur
face Is quiescent there are all sorts OF
beavers working underneath There
Is not an office in the city which Is
not working Its employees overtime.
nll In preparation OF the halcyon real
estate days of the spring and summer.
The architects arc busy on the plans
for innumerable buildings. an estimate
made yesterday of the amount OF work
being put on paper being $500, 600.
This includes the new DAILY building III
Fourth South and Main, the Walker
improvements south of the Newhouge
hotel the new department store which
the Auerbachs propose erecting at
Third South and State, and number
OF other large and small structures
which are as yet embryotic.
There does not seem TO be any ques-
tion but the year coming Is TO be the
greatest, from both Investment and
building standpoint. that the city has
ever experienced. Capital has been at
tractcd to Salt Lake by its wonderful
growth of the past year and the city
the present time IL is the best industrial
center OF the country. Eastern me-
chanics arc arriving daily In anticpn-
tlon of a tremendous amount of work
as soon us the weather breaks In the
spring.
The continued unfayorable weather
has had It's effect upon all outside con-
struction and the work on all of the
large buildings has been affected. Al
the Utah hotel u. C. NJ. /. annex, the
Kcarns building. and the Newnouse
hotel, there Is absolutely nothing doing
But at the same time the steel for
all of these structures is daily arriving
and when the weather breaks there is
going TO be a mighty hum OF industry.
number of the real estate firms
arc planning a very extensive suburban
CAMPAIGN The north bench. and The
northeast bench are the centerS OF
these operations. One prominent firm
is about to close a deal for piece OF
property which Will be divided l1to
800 residence lots. the place being with
In easy distance from the business
district OF the city. From present in
dicatlons, as they reveal themselves on
the street, the residence dealing VII.
switch from the south and southeast 10
the north bench lands.
In business properties the vortex stu
remains in the favored skyScrapcr dis
L
thcr to the south and there are options
galore on properties on Main and
State streets all the way from Third
South 10 Seventh South. Many of these
have been taken for investment pur-
poses but there are a number which
will see substantial Improvements.
Both State and Main, between Third
South and Fifth South. with the IN
cluded property. will be the center of
business building operations.
Salt Lake City stands seventh In the
list OF cities OF the United States In
the matter of building operations dur
ing the year 1902 according to the
American Contractor. This city showed
n gain OF 20 per cent during the year
and IS per cent during the month of
December. Salt Lake leads Denver.
Seattle and the other cities on tho
coast. Denver gained IL per cent and
Seattle 3S per cent.
Oklahoma City heads the list of cities
with a remarkable increase of 223 per
cent for the year Manchester is next
in line with an increase of 207 per cent.
Dcs Molnes gained 1l2 per cent; New
ark. 90 per cent; Bridgeport. 79 per
cent. and Worcester showed an in
crease OF the same figure,