The company had intended to build its rehearsal studios in the neighborhood Sugar House, where they are leasing land owned by the city's Redevelopment Agency, and had raised most of the $16 million necessary to build the new studios. Last summer, however, the Salt Lake Chamber asked Ballet West to look downtown for a space in the cultural district the city is trying to create.
The district would be created around the Utah and Capitol theaters. It was, according to the Tribune the opportunity to renovate the Utah Theatre that planted the seed of the idea for the cultural district.
Chamber members will help the company raise the extra $6 million it needs to put its rehearsal studios downtown.
The company, however, is holding on the Sugar House land in case the deal doesn't work out.
Johann Jacobs, the company's executive director, said the downtown cultural district would be "an enormous—and much neede—boost to the livability and economic viability of downtown Salt Lake City and Utah."