The Gateway is a large, open-air
retail
Retail is the sale of goods and Service (economics), services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturing, manufacturers, dire ...
, residential, and office complex in
Salt Lake City
Salt Lake City (often shortened to Salt Lake and abbreviated as SLC) is the capital and most populous city of Utah, United States. It is the seat of Salt Lake County, the most populous county in Utah. With a population of 200,133 in 2020, th ...
,
Utah
Utah ( , ) is a state in the Mountain West subregion of the Western United States. Utah is a landlocked U.S. state bordered to its east by Colorado, to its northeast by Wyoming, to its north by Idaho, to its south by Arizona, and to its ...
,
United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country Continental United States, primarily located in North America. It consists of 50 U.S. state, states, a Washington, D.C., ...
. It is centered on the historic
Union Pacific Depot on the west side of
Downtown Salt Lake City
Downtown (also called City Center) is the oldest district in Salt Lake City, Utah. The grid plan, grid from which the entire city is laid out originates at Temple Square, the location of the Salt Lake Temple.
Location
Downtown Salt Lake City is ...
between 50 North and 200 South streets and between 400 and 500 West streets. Rio Grande Street has been the site of many special events and becomes a one-way street and heads north through the center. The center has featured as many as 89 outlets, but recent changes have allowed the center to provide new retail shopping experiences and become more of a social gathering place centered on dining and nightlife.
The Gateway cost $375 million and began as part of the city's
urban redevelopment project, and the first phase was done prior to the
2002 Winter Olympics
The 2002 Winter Olympics, officially the XIX Olympic Winter Games and commonly known as Salt Lake 2002 ( arp, Niico'ooowu' 2002; Gosiute Shoshoni: ''Tit'-so-pi 2002''; nv, Sooléí 2002; Shoshoni: ''Soónkahni 2002''), was an internationa ...
that was held in Utah. The first phase of 2.1 million sq. ft. (195,096 m²) of
mixed-use development
Mixed-use is a kind of urban development, urban design, urban planning and/or a zoning type that blends multiple uses, such as residential, commercial, cultural, institutional, or entertainment, into one space, where those functions are to ...
included office complexes, the Northgate Apartments, and the renovated Depot which serves as a concert venue. Other highlights include the
Clark Planetarium
The Clark Planetarium is a planetarium and science museum situated within The Gateway at the intersection of 400 West and 100 South in downtown Salt Lake City, Utah, United States. The Clark Planetarium opened in April 2003, replacing the his ...
opening in 2003, the
Megaplex 12 at The Gateway, and the
Discovery Gateway
Discovery Gateway, formerly The Children's Museum of Utah (TCMU), is an interactive, hands-on children's museum located in downtown Salt Lake City, Utah, United States. Comprising over of exhibit space, Discovery Gateway is located at 444 West ...
Children's Museum opening in 2006. The offices of the ''
Salt Lake Tribune'' newspaper are located near the south end as well as many of the popular food and retail outlets. Many of the special events and community events take place near the open area on the north end. The
TRAX light-rail line has a stop at the
Planetarium station which opened in 2008 on the east side of the center, which is in the
UTA's Free Fare Zone. The
Vivint Smart Home Arena is across the street to the East.
In 2004, a 12-story high-rise
condominium
A condominium (or condo for short) is an ownership structure whereby a building is divided into several units that are each separately owned, surrounded by common areas that are jointly owned. The term can be applied to the building or complex ...
, The Parc at The Gateway, was built overlooking the
Olympic Legacy Plaza
Olympic Legacy Plaza is a public plaza in The Gateway shopping center in Salt Lake City, Utah, United States.
Description
The plaza opened in 2001, ahead of the 2002 Winter Olympics
The 2002 Winter Olympics, officially the XIX Olympi ...
, with some units selling in excess of $500,000.
In the northeast corner, a seven-story office tower for more than 1,200 employees was completed in 2007 for the sole occupancy of
Fidelity Investments
Fidelity Investments, commonly referred to as Fidelity, earlier as Fidelity Management & Research or FMR, is an American multinational financial services corporation based in Boston, Massachusetts. The company was established in 1946 and is o ...
.
By 2014, the center's occupancy rate had fallen, with major tenants such as
Apple Inc. having moved half a mile east to the newer and more centrally-located
City Creek Center, opened in 2012 by
the Church of Jesus Christ of Latter-day Saints
The Church of Jesus Christ of Latter-day Saints, informally known as the LDS Church or Mormon Church, is a Nontrinitarianism, nontrinitarian Christianity, Christian church that considers itself to be the Restorationism, restoration of the ...
.
Retail Properties of America Inc. had valued the center to $75 million in 2014 and would expect further decline. Previous efforts to stabilize and sell the center had failed. Some of the outdoor areas had been upgraded, and nearby development projects had been planned.
[
In 2016, The Gateway was sold to a commercial real estate company named "Vestar". The company was planning to renovate the center for $30 million. Instead, $100 million was invested by Vestar since late 2018. Vestar restored the area's popularity and increased security, lowering crime by 79% and expecting crime to lower even further. The downtown shelter located on Rio Grande Street has also seen improvement because of the mall's new management.]
In 2019, Abercrombie & Fitch
Abercrombie & Fitch (A&F) is an American lifestyle retailer that focuses on casual wear. Its headquarters are in New Albany, Ohio. The company operates three other offshoot brands: Abercrombie Kids, Hollister Co., and Gilly Hicks. As of Februa ...
and Abercrombie Kids
Abercrombie Kids (stylized as abercrombie kids) is a children's clothing brand owned by Abercrombie & Fitch, introduced in 1998. Targeting consumers aged 7–14, the concept is designed as the children's version of its parent company A&F. There are ...
, two original tenants since the center's inception in 2001, closed their Gateway locations. These closures added nearly 15,000 square feet of additional vacancy to the center's already struggling occupancy rate.
References
External links
*
Clark Planetarium
Discovery Gateway
The Depot
Wiseguys Comedy
{{DEFAULTSORT:Gateway (Salt Lake City), The
2001 establishments in Utah
Buildings and structures in Salt Lake City
Gateway
Shopping malls established in 2001
Shopping malls in Utah
Tourist attractions in Salt Lake City