What's the logic of building an office bldg in a mall parking lot?

Nov 27, 2015
11:29:52pm

franklyvulgar All-American

At university mall if I'm Macy's and you're giving up parking space to an office building especially during prime shopping days I guess the increased office lease revenue is worth the eye sore office building and reduced parking.

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franklyvulgar

Bio page: franklyvulgar
Joined: Sep 11, 2006
Last login: Apr 22, 2024
Total posts: 26,737 (20 FO)

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Messages

Author

Time

What's the logic of building an office bldg in a mall parking lot?

franklyvulgar

11/27/15 11:29pm

Not to mention expanding University Parkway is pretty much

byubyu

11/27/15 11:35pm

The dirt is owned by the Woodbury family. They increase revenue with the tower (plus got tens of millions of tax

HarlemCoug

11/27/15 11:35pm

I guess the real question is why would the tax payers of Utah county agree to give tens of millions of

HarlemCoug

11/27/15 11:41pm

Orem city council gave them a huge tax benefit - no increase in

Monomachos

11/28/15 9:15am

I thought the building had to do with the mall expansion/renovation but today

cougarnerd

11/27/15 11:49pm

When the full expansion is done there'll be plenty of parking (in garages)

byuluvr

11/28/15 12:27am

They're trying to build an "urban core" and bring some of the high tech

AF Cougar

11/28/15 5:49am

The tech companies and others go to Lehi for 1 big reason the employee pool

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