SALT LAKE CITY — Smith Leisure Group is proposing a 99-year lease to maintain the Utah Jazz and its new Nationwide Hockey League workforce on the Delta Middle and is searching for “to lease the 2 further blocks” immediately east of the power, in keeping with an utility filed to Salt Lake Metropolis final month.
The corporate’s proposal contains zoning modifications, avenue modifications and a renovation to the Salt Palace Conference Middle, which is positioned immediately throughout from 300 West. The appliance would not record a value, however it’s requesting “a big quantity of public financing” to make the challenge “financially viable.”
“Growth of the challenge space, together with the Delta Middle transform, would require substantial redevelopment, city renewal and reconstruction, which can doubtless embrace the rerouting, everlasting closure and/or bridging of sure surrounding streets,” the corporate wrote within the doc.
Smith Leisure Group is predicted to current its proposal to members of the Salt Lake Metropolis Council on Tuesday, however KSL obtained the seven-page utility on Friday by way of a public data request.
The corporate filed its utility on April 4, igniting a metropolis course of outlined in a invoice that legislators permitted earlier this 12 months to create a downtown revitalization zone. It was filed earlier than Utah Jazz proprietor Ryan Smith formally acquired the Phoenix Coyotes on April 18, relocating the NHL workforce to Salt Lake Metropolis.
The appliance additionally explains that the Delta Middle will probably be transformed to accommodate each the Jazz and the Nationwide Hockey League franchises. The transforming is predicted to happen “over a number of offseasons.”
This story will probably be up to date.
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