City Creek Center may be trying to attract retail tenants during tough economic times, but that doesn't mean there will be lots of empty storefronts when the massive project opens for business in early 2012. Interest in City Creek -- one of the few large shopping centers in development nationally -- is high, Mark Gibbons, president of City Creek Reserve, said without elaborating.
The project is set to include Macy's and Nordstrom department stores as anchors, a Harmons grocery store, a food court, several condominium buildings, apartments and office space. But City Creek Reserve, a development arm of The Church of Jesus Christ of Latter-day Saints, has yet to release much information about retailers that will fill 80 smaller speciality shops. It could benefit from building at a time when few shopping centers are being constructed, let alone one that has secured key anchors, Gibbons said. Most such projects, including several in Utah, are stalled. Retailers looking to locate in newly built regional shopping centers will have few options in the coming years due to the lack of new construction nationwide. The Salt Lake Tribune
