The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-07-07
.SKYSCRAPER ON
BUSY CORNER
Walker Brothers Announce De-
termination to Erect Fine
Building Soon.
HISTORIC SMITH CORNER
IS LOCATION SELECTED
Structure to Be Twelve Stories
High; Work Will Be Begun
This Year.

I'VE have determined on erecting a
building on our corner at Second South
and Main streets known ms the Smith
drug store corner. At this time / can
ony say ;hat the building Will become
the permanent home OF the walker
Brothers Bankers and that the building
will be at least twelve stories high and
cover The entire plat OF ground Si by l2o
feet" said NJ II. Walker Thursday after
noon. This Is the first time since rumors
business corner that a member of the
firm would affirm or deny the rumor. Mr.,
Walker said he could give no definite IN.
formation as to the time the building VIII
be started or TO its exact size.
You may say that che contractors VIII
begin work In the next six months
Whether much before the end OF tho next
six months OF not ] can not say because
at tins time we haN ent even engaged
architects or discussed definite plans.
This much. however. has been done; we
nave met and come TO the conclusion oI
that the r;mc has come 10 erect busi-
ness block OF prctentious dimensions.
feeling that the ccre.ln growth OF SAT-
Lake warrants the undertaking. we. OF
course have discussed none OF the de-
tails other than that the new building
will rival any modern business block In
the western country. The lower hoor WIZ
be devoted 10 store rooms and the quar-
have not talked over plans.
Asked as TO the estimated cost of the
building. Mr.. Walker would not men =
ticn any definite amount, However, from
the fact that he says the new building
vii. be twelve stories OF modern con .
struction and equipment, II is safe TO
conclude that the new building VIII cos,
well up toward million dollars.
In short time Mr.. Walker VIII 80 10
Los Angeles for the purpose OF looking
over the new office and store buildings
there of recent construction and TO see
some of the buildings now under con-
struction. He Will spend some time on
the coast gathering ideas from which he
will he able to offer suggestions for the
IN deciding 10 build on the Smith corner
the Walker bank has taken advanced
steps in improving Main street property.
In the last few years the rapid growth
of Salt Lake and tho new buildings that
have gone mp have made desirable Main
street property valuable.
AT the center OF the business district
and at point where travel is the heavi-
est on the streets, this corner Is at pres
cnt one Of the most attractive pieces OF
property I'm the city. and when the big
office building Is completed the corner
VIII naturally he OF increased value. The
Improvement can not help being marked.
While the lot is perhaps the highest
priced lor now available on Main street,
The improvements on IL have been more
or less unattractIve. Tenants have rented
The building from year TO year:
The Main street frontage Of 81 feet
Will make room for the bank and one
store room. II Is understood that the
Smith drug store is TO take the corner
room and the bank ;he next room north.
Along with other buildings contemplated
thN new Walker business block VIII be
completed in 1912.