Utah Cribs | Sandy reconsiders plans for Broadway theater, high-rises

Sandy reconsiders plans for Broadway theater, high-rises – Salt Lake Tribune

December 2, 2009 utahcribs Utah News No Comments

Proscenium

via Sandy reconsiders plans for Broadway theater, high-rises – Salt Lake Tribune.

So I woke up this morning and heard this on the news while I was driving into my office. Is it surprising? Considering the price point they were trying to obtain I would say no it was not. However at the same time, I am disappointed. I would have loved to see something like this come to Sandy City. I have read all of the naysayers, saying it would be impossible that Sandy City would not be able to sustain a Broadway Theater. I completely disagree with all of those comments. Apparently everyone in Downtown Salt Lake doesn’t understand that majority of people going downtown for a show live in the outskirts of town..

I think that whole area of Sandy, with Rio Tinto stadium, the South Town Expo Center, and Jordan Commons. Has great potential to continue to be a draw for a vast audience.

Now considering the market for a second, it would have been tough to sustain a project of this magnitude in an economic storm like the one we are in.. So again, I am not surprised the developers thought it wise to cut their losses and move on. Probably a smart decision. The fact Sandy City bought the property and is going to try and do something with it similar to what the Developer had in mind is pretty out there. I don’t think they will be able to pull that off. I hope they do, but in all reality I don’t see that as feasible..Better to wait out the storm and see if another developer will take it off your hands later..