Company Plans to Convert Historical Gem
into Contemporary Office Space and Regional
Headquarters
SALT LAKE CITY, May 9, 2024 /PRNewswire/ -- VanTrust Real Estate
announced that they have completed the purchase of the historic
Salt Lake Lumber Building.
"We are thrilled to have made this investment in downtown
Salt Lake City," said Chris McCluskey, VanTrust's Executive Vice
President of Development for Salt Lake
City. "The Salt Lake Lumber Building provides us with a
unique opportunity to take this rare turn-of-the-century building
and transform it into a contemporary office space that serves our
company as well as other Utah
businesses."
The three-story, 26,997-square-foot brick building located at
205 North 400 West was built in 1909 and features exposed heavy
timber, exposed brick and stone walls, maple flooring, a wood
staircase, exposed wood ceilings and brick arches around
windows.
"The Salt Lake Lumber Building has history, authenticity, and an
amazing story," said McCluskey. "With contemporary design
updates mixed with its historical features, it will be a special
place that inspires creativity and productivity. Simply put,
it will be a great place to work!"
The Salt Lake Lumber Building was originally built as the
Morrison-Merrill Lumber Company Office - one of Utah's largest and most important lumber
company offices. The building marked the beginning of both
the physical and economic expansion of Morrison-Merrill and its
transformation into a major regional supplier of wood products.
"We love the story behind this building and what it meant to the
Morrison-Merrill Lumber Company," said VanTrust President
Dave Harrison. "And now it's
part of the VanTrust story. As our new regional headquarters,
the building provides an opportunity for VanTrust to focus on this
area and demonstrate our motto of 'developing with a difference.'
We can preserve this iconic building in the heart of the city
to strengthen the city's architectural and historical fabric of the
community and contribute to downtown's economic vibrancy and
growth."
VanTrust hopes to start demolition and interior renovation this
summer and have it completed for occupancy in early 2025.
VanTrust Real Estate is a Kansas
City-based, full-service real estate development company,
that was recently recognized as NAIOP's 2023 Developer of The
Year. Since its founding in 2010, VanTrust has grown into one
of the largest privately held commercial real estate companies in
the nation. Specializing in office, industrial, multifamily,
science + technology and mixed-use development, the company has
developed more than $6.8 billion of
product nationwide and has regional offices in Columbus, Dallas, Phoenix, Jacksonville, and Salt Lake City. For
more information, visit www.vantrustre.com.
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SOURCE VanTrust Real Estate