Developers have started work on what will be a major redo of the Main Street Mall building that will include condominiums on the upstairs floors and storefronts below.
The building will no longer operate as a traditional mall. Businesses had moved out of the mall previously. Construction fences went up in recent days, signaling that work will be occurring.
City Hall officials have found that the designs meet the historic district's strict guidelines and have issued a permit to demolish the interior walls and the architectural features on the outside walls. The overall project has been approved, but officials have not issued a building permit.
The project will entail 15 condominiums ranging in size from 1,350 square feet to 3,500 square feet. There were no residences in the building when it operated as the Main Street Mall. There will be retail space on the Main Street level and a lower level. Eight storefronts are planned on the Main Street level with doors opening to the sidewalk.
The condominiums will be built in the two upstairs levels. One additional level will be built for a penthouse unit. That level, though, will not stretch across the full footprint of the building.
A pool, gardens and terraces are planned for the rooftop.
The Main Street Mall was long seen as an underperforming commercial property as stores struggled to attract people inside from the sidewalk. There have been ideas to redo the building for years, but none of them advanced until the current one.
The building is owned by a firm known as AG-WIP 333 Main Street Owner, LLC, according to Summit County property records. The records show an address in care of an entity in New York City called Angelo Gordon & Co. LP. The County Courthouse values the building and the land it sits on at nearly $6.2 million. A representative did not immediately return a phone message seeking comment.
Kirsten Whetstone, a City Hall planner assigned to the project, said officials will require the developers submit a report from an arborist detailing any trees that will be removed from the Park Avenue side of the building during the work.
A neighborhood meeting is planned later in August to discuss what might happen to the trees and outline a proposed plan for the landscaping, Whetstone said. The date for the neighborhood meeting has not been set.
The work at the building will continue a streak of heavy investment along Main Street in the period since Park City emerged from the depths of the recession. Other buildings have undergone major renovations and work is continuing or planned on a few more.