The Gateway is a large, open-air

retail Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is the sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholes ...

, residential, and office complex in

Salt Lake City Salt Lake City, often shortened to Salt Lake or SLC, is the capital and most populous city of the U.S. state of Utah. It is the county seat of Salt Lake County, the most populous county in the state. The city is the core of the Salt Lake Ci ...

Utah Utah is a landlocked state in the Mountain states, Mountain West subregion of the Western United States. It is one of the Four Corners states, sharing a border with Arizona, Colorado, and New Mexico. It also borders Wyoming to the northea ...

United States The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...

. It is centered on the historic Union Pacific Depot on the west side of

Downtown Salt Lake City Downtown (also called City Center) is the oldest district in Salt Lake City, Utah, United States. The grid plan, grid from which the entire city is laid out originates at Temple Square, the location of the Salt Lake Temple. Location Downtown S ...

between 50 North and 200 South streets and between 400 and 500 West streets. Rio Grande Street has been the site of many special events and becomes a one-way street and heads north through the center. The center has featured as many as 89 outlets, but recent changes have allowed the center to provide new retail shopping experiences like and become more of a social gathering place centered on dining and nightlife. In the northeast corner, a seven-story office tower for more than 1,200 employees was completed in 2007 for the sole occupancy of

Fidelity Investments Fidelity Investments, formerly known as Fidelity Management & Research (FMR), owned by FMR LLC and headquartered in Boston, Massachusetts, provides financial services. Established in 1946, the company is one of the largest asset managers in the ...

. By 2014, the center's occupancy rate had fallen. Several major tenants such as

Apple An apple is a round, edible fruit produced by an apple tree (''Malus'' spp.). Fruit trees of the orchard or domestic apple (''Malus domestica''), the most widely grown in the genus, are agriculture, cultivated worldwide. The tree originated ...

moved half a mile east to the newer and more centrally-located City Creek Center, opened in 2012 by

the Church of Jesus Christ of Latter-day Saints The Church of Jesus Christ of Latter-day Saints, informally known as the LDS Church or Mormon Church, is a Nontrinitarianism, nontrinitarian Restorationism, restorationist Christianity, Christian Christian denomination, denomination and the ...

. Retail Properties of America valued the center to $75 million in 2014 and projected further decline. Previous efforts to stabilize and sell the center failed. Some of the outdoor areas were upgraded, and nearby development projects were planned. In 2016, The Gateway was sold to the commercial real estate company Vestar. The company planned initially to renovate the center for $30 million. Ultimately, $100 million was invested by Vestar. Vestar restored the area's popularity and increased security, lowering crime by 79% and expecting crime to lower even further. The downtown shelter located on Rio Grande Street has also seen improvement because of the mall's new management. The Megaplex Theatres at The Gateway served as a venue for the

Sundance Film Festival The Sundance Film Festival is an annual film festival organized by the Sundance Institute. It is the largest independent film festival in the United States, with 423,234 combined in-person and online viewership in 2023. The festival has acted ...

in 2023. In 2021, the W.O.S.B Collective (Women-Owned Small Business Collective) was founded, providing a unique shopping experience at The Gateway. This boutique and gallery offers exclusive and internationally sourced products, including clothing, swimwear accessories, gifts, and local art, that showcase women-owned businesses from across the globe in one location.

References

External links

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Clark Planetarium

Discovery Gateway

The Depot

Wiseguys Comedy

WOSB Collective
{{DEFAULTSORT:Gateway (Salt Lake City), The 2001 establishments in Utah Buildings and structures in Salt Lake City Gateway Shopping malls established in 2001 Shopping malls in Utah Tourist attractions in Salt Lake City