Another office highrise comes to Downtown – 23-story Sundial Tower to make a splash on Main
The Sundial Tower, the newest skyscraper in downtown, has 23 stories in 447 South Main. Courtesy Pickard Chilton Architects, JLL, and Hines.
In the same month, in their report on commercial real estate in Salt Lake City in the first quarter of 2021, an inflated class A office market – with high vacancy rates, rising sublet ratios, stabilized rents and increasing concessions to tenants – the JLL investors mentioned their partnership with Hines Development announced for construction A new office tower in downtown Salt Lake City.
The new Sundial Tower at 447 South Main will reach 23 floors and offer 425,000 SF class A office space.
Salt Lake’s latest architectural statement is just south of the modern mid-century First Security Tower (now Ken Garff) and north of the vacant lot adjoining the District Attorney’s rear at 500 South to the west. It is located right next to the Courthouse Trax Station.
Images courtesy of Pickard Chilton Architects, JLL, and Hines.
The Sundial Tower will join other Class A office buildings in downtown – the near-completion 95 State, 650 South Main, the Domain’s South West Temple, the Post District’s 135-150,000 SF office space, and their own Hines renovated Kearns building.
This is in addition to a number of new co-working spaces trying to discourage small and medium-sized businesses from traditional office rental agreements in the post-Covid remote work era.
Project specifications
JLL and Hines have entered into a long-term lease agreement with Salt Lake County, which owns the property. On the property in the south, the district has also offered the local PEG Development a lease, who are planning to build a residential tower on their new Main Street facade.
The name of Sundial comes from the inspiration of Sundial Peak in the Wasatch Mountains, as the architects Pickard Chilton wanted to offer the viewer a different building from different angles.
The developers are planning eight floors with parking spaces and small pockets with space in the east and south of the building, which will help “bring nature inside”.
It aims for LEED and Energy Star certifications.
The building will also have outside decks on the 9th, 19th and 23rd floors. The structure is a parallelogram that, while offering unique architectural angles, still has the space efficiency of a rectangle, said Jillian Johnson, representative of JLL.
It also hinted at Hines’ strategy of attracting non-state renters. Hines hopes to attract new tenants to the Kearns Building and the Cottonwood Corporate Complex. “When the Sundial Tower comes into play, we can move it around [there]”She told a group of real estate colleagues during a Zoom conversation in early May.
JLL and Hines expect a planning year and two years of construction. This will cut the ribbon in early summer 2024.
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