OCR Text |
Show II REAL ESTATE NEWS AND THE I CITY'S BUILDING OPERATIONS I After sovoral weeks of comparative quiot tlic past week opened stronij in tho real estate field, with especial activity ac-tivity in deals involving business proporlv. Announcement oJ the plac-anK plac-anK of the contract for the erection of the new Felt bnildinp, to bo constructed construct-ed by the- Salisbury companj-, was ' mado on Monday, and plans for the new building were given out later in tho week. The choice of John Parkinson, the well-known architect of Los Angeles, as architect for tho new hotel building of the Utah Hotel company, to b erected at the corner of .Main streofc and South Temple, was also nnnounccd during tho wool:. Later in tho week, the purchase of property by Mr. Parkinson, Park-inson, amounting in valuo to $35,000, was consummated through tho ollice of Little & Little, and tho purchase of property valued at $3:5,000 by "NY. G. Bradshaw of Los Angeles, through tho office of A. Rich I or, was given out. Ifm uuicr deals 01 considerable sir.cwcro Iff also reported, involving largo sums of f money. Tho purchase by tho George Homnoy & Sons companv of tho Wlut- J nicer property at J 34 Main street, in- I volvinjr tho exchange of $50,000. was l reported through K. Ji. liomnoy of the Salt Lako Itoal Estate and Title com- pan- and tho purchase of n portion of the Constitution block, on upper Main : street, by Mrs. .Kervin for $35,000, was i given out through tho ofiice of tho Salt 1 Lake Security and Trust coinpnny. I It is known that, in addition to these deals, numerous others will bo put through within tho next fow days. Heal estate dealers comment on tho 'extreme nctivitj' of the market nnd the disposition dispo-sition of investors fo acquire business property, as if in anticipation of tho expectod enlargement of tho business I district. Several of tho big transac tions consummated during tho week in- volved the transfer of property in tho t. vicinity of Sixth South and Main f Htroets and Sixth South and State I Btrcet3. Attention was called by prom- . inent investors to tho probability of t great development along State street of Tetail business, nnd especially since tho I undertaking of a now hotel on tho corner cor-ner of Second South and State streets, i there aro apparent indications of a rapid change in tho character of the Btroet. Property on Second and Third t South, along tho road to tho now depot !j of tho Dcnvor & Rio Grando railroad, j is also in excellent demand, r ;j In the meantime, tho purchase of : small homes continues as heretoforo nnd contractors and builders aro unusually I active. Tho Salt Lako Security & n Trust compairy reports fifty new houses I' now under way in different parts of f- the city, with construction proceeding (.1 - l-!snir?ltr AfnTit.- t0 ihnan n-rn n-n V111 I'j north bonch. Theso new buildings will j C03t from $3500 and $6000, and will I "bo constrncted in different sizes, vaTy- 3 ing from five to nino rooms each. The I buildings are all of brick and of most modern construction, j A. J. Hamilton, architect for the I company, has just completed sixteen new houses on Sixth South, between j State street and Second East, and Arch itect Petzer has purchased ono of these for a home. A special feature of these I now homes is the artistic appearanco I of the buildings and the solidity with I which thoy aro constructed. Tlio deal 1 alluded to above was consummated u Through the office of A. H. Birrell com- K panv. B t The purchase of tho residence at 22-i Soulh Eighth Enst by Dr. A. Is" Minear from iho Salt Lnlco Security & Trust company for $3500 was reported through tho offico of tho Capital Real Estate Divestment companj'. This deal is commented upon .-ib an indica-lion indica-lion of tho advantage of listing all houses for sale with different real estate firms, a plan which results in increase of sales and greater volunio of business. 4 Great activity in tho sale of home sites is reported by tho Hubbard Investment In-vestment company." .During tho past week thirty building lots liavo been I sold in different sections of tho city, especially in Sherman and Oakley additions. ad-ditions. There is also considerable activity ac-tivity in building on the Enst boulevard. boule-vard. Two building lots wore sold in that locality to Peter C. Carlson on Saturday in block 2, lots .17 and 3S. Mr. Carlson will proceed at once to erect a handsome homo there. In Onk- Jey addition, on tho west sido ot (no city, a groat deal of building is going on. Eleven new houpos aro now ncar-ing ncar-ing completion in that addition nnd eightoen others aro ready fo be started. Most, of tho building sites in that locality lo-cality havo been sold to pcoplo from out of tho city. Many of the investors como from Montana. Announcement was made Saturday of tho intended erection of a handsomo suburban homo by Mrs. F. E. McGur-rin McGur-rin in Laurolhurst to cost at least $10,-000. $10,-000. The property, comprising fifteen acres of land, was purchased through tho ofiice of Chandler fc Soules. Mrs. McGurrin said Saturday that she had not. vet decided on the plans for tho building, but that A. J. Hamilton would probably be tho architect. Tho structure will bo two stones in height, and of the bungalow type. Thcro will bo eight large rooms and tho in-torior in-torior finish will bo of tho best obtainable. obtain-able. Everj'thing about tho building will be thorouchh up to dato in every way. There will bo billiard rooniH and sleeping porches, a Jargo dining room with open fireplace and other attractive attrac-tive ana convenient features. Mts. Mc-Gurriu Mc-Gurriu said that she expected to pass about two-thirds of her time in tho new house and accordingly intended to provide pro-vide it with everything that could conduce con-duce to comfort. Work will bo started just as soon aa definite plans can bo drawn and the contract let. It is to bo ready for occupancy for tho late summer. sum-mer. A new two-story, twenty-four room apartment house to bo located at 115G First avenue is being planned by A. D. McMullen, which will coat $15,000. Plans have already been drawn for the new building and "work .will be started immediately. I A number of small doalB were made ' dnring the past week by tho Salt Lako Real Estato & Title company including tho property 8x10 rods m sizo at the corner of First West and Sixth South, for $9000. Tho sale was mado by R. R. Romncy of the company to Julia C. Ta.ylor and Lucille T. Romncy for investment in-vestment purposes. Work has been started by the Salt Lako Real Estate & Title compairy on tho new homo for L. G. Burton to be erected at Thirteenth East, between Secondhand Third South streets. Tho new building is to bo especially attractive. attrac-tive. 30x54 feet in size, nnd will cost $5000. Other houses now being constructed con-structed by the firm are the two for James M. Me teal f. jr., at Sixth South and Ninth .East at a cost of $3000 ench and tho pretty story and a half modern building on Ninth avenue, between II and I streets for Jilwood Brown. A number of pretty modorn houses now being planned aro those to bo built by Chester Pratt on Sixth East and Third South streets at a cost of $-1000 by Architect Jiobert Taylor; tho handsomo double house for Miss Geneva irichs at Sixth East and Sixth South streets by Architect A. J. Headlund, and a three-story apartment houso to bo erected at Sixth East and Second South by the Kimball estato at a cost of $45,000. Tho movement in real property in tho southeast has been unusually great during the past week. Meeks & Mc-Cartnev Mc-Cartnev report tho sale of a number of building lots in Collcgo View addition addi-tion nnd tho number of inquiries has been exceptionally large, Arrangements have been made to have carriages at tho end of the Sugar Houso car lino on Sunday for tho convenience of visitors vis-itors who wish to view the property. - Inclement weather last week spoiled what no doubt would have been a record-breaking week for the dealers of property on tho southeast bench. All of the dealers have had hundreds of I inquiries about the additions on the bench, but on account of the bad weather weath-er have been unable io do much with prospective investors. A. N. Humphries, owner of Tdlowild addition, reports tho salo of thirty-two lots during tho week. Theso 'sales were mado on tho only two clear days of tho whole week. Tho purchasers and the number of lots purchased by each arc: .Tohn Conlco of Cammomilo & Bitner Co., two lots; Hal Daggett of same company, two lots; Alma M. Basmussen, Savage Photographing companvj two lots; Gertie I. Peebles of Constitution building, two lots; Ida W. Davis of Constitution building, two lots; E. B. Humphry of Ogdcn, four lots; J. O. Tomassen, 281 B street, threo lots; B. C Venn vie, Denver & nio JJnimle railroad, two lots; C. A. Jennings, Smith Premier Typewriting company, fivo lots; Charles,). Shoup, Murray, two lots: Percy J. Shoup, Murray, two lots; James A. Donaldson, Quinco stroot, two lots; Arthur Dahl, Quwco street, two lots. Some of tho purchasers are expecting to erect cottages, but the majority bought tho property as an investment. Sunday, Mr. Humphries will havo a stage line of six carriages from tho end of the Sugar Houso car line to the addition, unless moro rain sets in. During tho week one of the largest deals in trackage property was closed j through tho office of Burt & Carlquist. The property involved includes 10x13 rods on the corner of Seventh South and Third West strcots, tho consideration considera-tion being $13,000. The purchasers intend in-tend to improve tho property within tho 3'ear, though at present thej' are not prepared to announce tho nature of their project. Another deal, involving one of tho few largo remaining vacant lots adjacent adja-cent to tho business district was nlso closed by tho same firm, whon thoy secured 'an option on fifty feet of property for a local business houso on the vacant lot wost of tho Fourteenth Four-teenth ward meeting house, tho price being based on $500 a front foot. Tho following homes were also sold by tho snme firm: A four-room, modern, brick house, located lo-cated on Chester avenue, from Burt !t Carlquist to Orson Lancaster. A four-room, modern, brick house, situated 'at 1394 Blair street, fo Christian Chris-tian Kupfcr, from Burt & Carlquist. A four-room, modern, brick houso. located lo-cated on Second West botwecn Ninth and Tenth South, from Burt & Carlquist Carl-quist to Chris Little. A four-room, modern, brick houso, eituatcd on Belmont avonue aud Tenth East, from Burt & Carlquist to Boy Wost. A four-room, modern, brick houso, at 1407 Blair street, from Thompson & Bichards to A. P. NeilBen. A five-room, modern, red brick house, at, 038 McCloland street, to Flint Harrison, Har-rison, from Granito Juvestmunt company. com-pany. Four-room houso at 613 South Second West, to Carrio A. Thomas from Axel NordquiBt. A framo houso of two Tooms, from John McLaron to Basmus Jorgonscn, located on Browning nvenue. A four-room frame residence, at Eleventh West near Seventh South, from Mrs. E. Basmussen to Frank Weight. A five-room, brick house, at 1245 Emerson Em-erson avenue, from Addison Cain to George Aloxandor. A .building lot. to J. A. Christensen. Threo choico building lots on I street, to Albert White. Five-room, buff brick residence on Windsor avonue, from Erick G. Johnson John-son io Maria Christensen. This firm reports that their total sales for the past threo weeks reached tho tidy sum of $61,750. |