This is Derek Miller, Speaking on Business. Originally developed as an outdoor shopping destination, which opened in 2000, The Gateway has experienced a dramatic transformation since Arizona-based developer Vestar purchased the property in 2016. General Manager Bryan Hill shares more.
Bryan Hill:
Since Vestar purchased The Gateway, $100 million has been invested to upgrade and revitalize the development, ultimately transitioning from a shopping center to a lifestyle destination in Salt Lake City. It has become known as a thriving hub of retail, dining, entertainment, business, and arts and culture.
It also serves as an integrated campus for some of Utah’s most innovative life sciences companies, as well as Kiln, a coworking space with multiple locations in the West.
The Gateway is committed to being a central gathering place by hosting more than 200 community events and cultural celebrations annually. These include everything from the Pride Festival and Festa Italiana, to July 4th and New Year’s Eve celebrations.
This fall, we welcome Asher Adams, a boutique hotel that’s part of Marriott’s Luxury Collection. This stunning centerpiece is an extensive historic remodel of Union Pacific Station.
So, even as The Gateway approaches its 25th year, we continue to reinvent it to ensure it stays relevant.
Derek Miller:
Between the announcement of the 2034 Winter Olympics and all the plans for potential further revitalization of downtown, there are some great implications for The Gateway. We will look forward to seeing the continued evolution. I’m Derek Miller with the Salt Lake Chamber, Speaking on Business.
