Show I NEW BUSINESS BU NESS DISTRICT NOW OW DEVELOPING 1 I j I With the announcement that within i ia a few weeks work on the handsome new Commercial club building will be begun in the Newhouse district comes the assurance that the decision of ot the members of at the Commercial club in de deciding deciding deciding on this site for their building makes the future of this section of the city as a business district certain This does not mean that upper Main street will suffer sutter materially y because of the establishing of ot a new business dis district district district The probabilities are that the growth of the town will wUl be sufficient to warrant an enlarged district Situated as it is the property recent recently ly acquired and improved by Samuel Newhouse offers a strategic business value It is located in a block that is 1 between the th federal and the city ily and county buildings in a location that offers otters a regular avenue of ot trade and a natural business importance Directly across the street from the Postoffice the Newhouse and Boston buildings the twin office buildings erected by Samuel Newhouse are being pushed to completion Fronting on Ex Exchange Exchange Exchange change Place one of the new streets constructed by Mr Newhouse will be bethe bethe bethe the new Commercial club building which will be completed in another year At he he e head of ot Cactus street and fronting on Exchange Place will willbe willbe willbe be the new Mining Exchange still an another another another other prospective Newhouse building A theatre fronting on State street on Exchange Place and State is also aIso planned A hotel on the corner comer of ot Fourth South and Main Maln streets will undoubtedly be bo built In all there are fifteen buildings which Mr Newhouse plans to erect on his property In the new business district as rapidly as the growth of the city warrants Two of the most important structures are nearly completed These are the Newhouse and Boston buildings The steel skeletons are fin and the stone and brickwork is being pushed as rapidly as possible By fall the two buildings will be ready for tor occupancy The first floor of the Newhouse building will be used to house a banking institution while a 11 large dry goods house is to occupy the first floor of the Boston block It Is understood that many of the lawyers will occupy offices In the Newhouse building If this is done Mr Newhouse plans to install a large law library in inthe Inthe inthe the building Until the new Mining Exchange is built a large number of the large mining companies will have offices in the Boston block Connecting the Newhouse building with the new Commercial club building will be b the Newhouse extension four stories in height To the rear of this will ivill be the power house which will generate the light and heat for the theY theo Y o district Other buildings across the street uniform in style with the oth others others others ers of ot the district have been planned Cactus street and Exchange Place the streets of the new district will be feet wide paved and lighted This done Mr Ir Newhouse will wUl present them to the city Exchange Place runs through the block from Main to State streets and is flanked on elther either side by valuable Newhouse property Cactus street runs from Fourth South street to Exchange Peace In addition to the property pr perty he is now Improving Mr Newhouse owns owns a great deal of valuable land Jand in the Immediate vicinity He has five valuable Main street corners comers These are both of the west corners corne at nt Fourth South Main streets the corner of ot Postoffice Place and Main street and the two corners comers of Exchange Place and Main street On the southwest corner of Main and Fourth South streets on what is known as the Walker property Mr Newhouse New Newhouse house will wUl build a large hotel Other property in the vicinity of the new district is increasing in value be because because because cause of It the outlook for this section of the business district One valuable Main street corner at Fourth South and Main streets is held by the Kimball estate und and another by St P church Adjoining the Boston building ding on the north is sixty feet teet of Slain Main street frontage controlled by the Salis Salisbury Salisbury Salisbury bury estate It has been rumored In real estate circles that the Salisbury heirs were to build a large office build building buildIng building ing on this ground but the themselves decline to discuss the prop proposition proposition proposition at this time Of the improved property in the dis trl t one on of o the finest f pieces is owned by Mrs Mary Judge It is the Railroad Exchange building which will wUl be com completed completed completed within a few weeks The in interior Interior interior finishing finishing has been practically completed and by the first of at the month most of the offices will wilt be ready for occupancy On April 26 6 Colonel I IA IA IA A Benton plans fo to move the local pas passenger passenger passenger department of the Denver Rio Grande to the new building He will be followed by the freight depart department department department ment of the same railroad the Utah Fuel company comp and several railway ticket and freight fr offices Almost ev every every every ery office In the entire building has been already rented Farther south on Main street prop property property property erty values are Increasing steadily and amI the business district is likely lIkel to extend at least another block I bouth Four Fourr hundred feet of Main street frontage on the east side street from St Pauls corner to Fifth South street is controlled by the th H n Real Estate Investment Inv company On the corner of Fifth South and Main streets three small stores have just been built One Is occupied by grocery an other by the Cache Valley Sanitary Milk Cream depot and the third by bythe bythe bythe the Regal dye works Still StUl further improvements are planned on this property Early this week crews will start tearing down three small adobe residences on this property These houses are the ones farthest north in the row of residences extending south from St Pauls rec rectory rectory tory On the site of these residences a business block will wUl be built the size depending on the needs of the tho prospective prospective prospective tive tenants It is the intention of Mr Newhouse f r JUDGE DG St hf I 4 1 V l 7 lp p t I t C p r y yI 1 11 I I f 3 fl two Jiu t SALISBURY PROPERTY MARKET STREET J 1 t U lJ BOSTON EXCHANGE CHANGE E E MINING EX c itI 1 fl seo Orl u i 9 W J a Jw aW aW SLOG t Sr t r W w STREET I cr t 0 Y Yi I I 00 i L 1 r J J EXCHANGE PLACE fLACE I a POST OFFICE z s t W 1 JJ I 1 ct N NEWHOUSE GOUS j tJ j THEATRE F sn snI j w i 1 4 I cl J t z Q NT Q a cY C N J STORE TORE N t i U KIMBALL t 1 d It a r I 0 c 4 NEWHOUse N 1 Q o PROPERTY I i v U t t I i j i iS v EAST S C FOURTH SOUTH STREET I 1 1ST I STPAUL ST PAUL r r 4 o f HOTEL CHURCH b J I 10 CITY AND foND foNDI 1 COUNTY SLOG a a aW f W 0 PROPERTY v t ti I i i t J U oJ HoUS HOUSTON 4 I II I n I I u p pU t c 1 p pC C 1 5 i t r 5 q i u 1 i it id WALKER WALKED STREET STREtT c r t d I IH oJ H Map showing new business district The Judge building the Newhouse and Boston blocks are among the new structures and the new Commercial Club Mining Exchange and a modern hotel are among those proposed Other important projects are underway under way to put In a street similar to Exchange Place and Cactus street directly south of the hotel This street will wUl be known know n nas as Walker street Property owners to the west plan to cut through a street directly west of the hotel This will make the new hotel In a block bloc by it itself itself itself self |