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Show Enterprise Review, January 2ft, 1976 Page Tiro Utahns Enjoy Nations Lowest Tax Increase in a Decade Utah recorded the smallest increase in state and local taxes over the period from 1964-197according to a nationwide study hv the Tax Foimda- tion, Inc. The foundation is a organization engaged research and in public education on the fiscal and management aspects of government. Every state in the Union, with the exception of Utah, showed increases of more than 100 percent in the ten years 4, 0 4 non-prof- it non-partis- an studies. The average for the 50 states and the District of Columbia was an increase of 147 percent, while Utah went up only 99 percent. Next lxst in controlling their rate of tax increases were Oklahoma, 111 percent; New Mexico, 114 percent; Colorado and Idaho, lxth at 116 percent; and Oregon, North dakota and California, all 118 percent. The Tax foundation said Utahns are now also among those who pay the smallest total tax bill when compared with average residents of other states. Utahns paid an average of $472 in state and local taxes in 1974. the eleventh lowest total in the country. That amount is $146 less than the national average of $618 and is a considerable improvement from 1964. when Utahns paid more taxes than those paid by residents of 25 other states an amoimt that was only $13 less than the 1964 national average of $250. The state with the lowest average taxes were Alaliama at $383, followed closely by Arkansas at $384 per person, it then jumps to an average of $423, which was paid bv South Carolinians. Retail Sales Report ON DEVELOPING hvMarilee 1Ait to With recent figures submitted hv retail firms in the Z.C.Nl.I. Center, it is clear that one of the most exciting concepts and potentially one of the most im- ideas is that of the downtown shopping center portant development. It is of course true whole of downtown is ping that the a shop- center. Or, more accura- tely, the whole of downtown is a major regional activity center with shopping being a large component. However, the focus of current thinking is of new, sul)stantial shopping units within downtown perimeters. the most part, these new developments have done much to increase the activity of downtown areas throughout the country and I'm sure this is one reason why we will see most major cities turn to downtown renewal by means of shopping centers. Currently, there are more than 40 downtown shopping centers bnilt in 26 states and the District of Columbia. The downtown centers are enormously divergent in size, For and tenant mix. However there are three basics to construction of such sites; 1. Entirely newly built centers on a clear tract of land, often assembled via urban renewal. 2 Fully rehabilitated centers in which older buildings are conserved, rehalied, revitalized and recycled for current use. Trolley Square and Arrow7 Press are examples of this attractive and successful type of development. 3. Mixed projects in which both new construction and rehab are merged to take advantage of the design possibilities, economics and appeal of harmoniously blending the old with the new7. Salt Lake City has a great potential for this type of construction. Most downtown centers tend to create a major, dramatic change in the business environment. It is safe to say that at least in our experiences with these shopping complexes, the environment has certainly changed. In the specific examples of Trolley, Arrow Press Square and the Z.C.M.I. Center, each has displaced physical design to the approach blight and deterrioration with a unique and desirable asset to the community and specifically to the downtown area. OUR KNOWS IN Generally speaking, usually large with diverse a single management for benefits. This is like the YOUR the functional possibilities to include a mixture of activities in one area. Multi-levdesigns of retail, office, entertainment and residential space. There are two key issues in determining the sucess of a downtown shopping center. The first of these is: Does it work in tenns of economics? Will it generate a profit? Secondly, will it make a contribution to the whole dow7ntown, to the city and el to the citizens? If a newdowntown center merely wipes out and replaces old downtown space there may he no net gain to the downtown or the city. If the center is merely competitive with the Main Street it may do little good. But if the center is involved in an integral part of the rest of downtown so that it generates more business, more jobs, more property etc., then the center is successful. If this situation does not exist, then in terms of the overall concept, it is not. 952 West 1 500 South Salt Lake City, Utah 84 1 08 Telephone 484-449- 5 FREE SAMPLE ORDER I INTERMOUNTAIN COMMERCIAL RECORD I 484-449- 5 Gentlemen: Pleese send a sample copy of the INTERMOUNTAIN COMMERCIAL RECORD. Firm Name J Your Name Title Address City Date j ; State j Zip Phone interests with operations brought under is 1 Phone: is uniformity, control and interchange of underlying suburban shopping center theory that is most successful. Under single management, rental rates, common areas, and tenant association dues can be controlled. This is almost an impossibility in the greater downtown area, void of specifics in leases. Additionally, one of the major positives of the shopping coin-ple- s We know how to get your sales prospects every week for new profitable leads. Try the newspaper that knows your needs. 1952 West 1500 South Salt Lake City, Utah 84104 the downtown shopping development j : ER75 J Anytime a developer or tenant within a downtown shopping complex believes the shopping center is the panacea for all decaying downtowns without considering the effects of the rest of the downtown area, serious problems arise. Namely, there are basic attitudinal clashes which arise. The business people in the new center tend to turn their liacks on Main Street. The Main Streeters are fearful that the center will take away their customers and that they will be unable to compete with the unique features of the new facility. instead of Consequently, helping a downtown area, the complex may in fact hinder the extablished retail flow. ' Hopefully, Salt Lake City retailers and developers are aw'are of the sometimes not so wonderful effects of these complexes. With new developments on the horizon for the city, many of them projected to be self sustaining downtown shopping centers, downtowners must legin to talk about the cause and effect of development within the area. Altitudinal adjustments and physical changes are a part of growing up. And thats where we are today. . .ready to grow into a strong and unified city. all |