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New Owners Have New Plans for Trolley Square Mall

New owners of Salt Lake City's Trolley Square are planning on making major upgrades to the iconic mall. S.K. Hart Properties Llc announced they closed on a deal for the mall Friday, they're already taking about their big plans.
SALT LAKE CITY (ABC 4 News) - New owners of Salt Lake City's Trolley Square are planning on making major upgrades to the iconic mall. S.K. Hart Properties Llc announced they closed on a deal for the mall Friday, they're already taking about their big plans.

It won't be long before Trolley Square Mall is springing up with new life.

"It symbolizes Utah , it symbolizes Salt Lake City," said Khosrow Semnani, S.K. Hart Properties Llc, CEO.

Khosrow Semnani, CEO of S.K. Hart Properties is now the mall's new owner, and he wants to restore iconic Trolley Square to its former glory.

"My vision is to make it be again a place that everybody was proud of everybody wants to come," said Semnani.

In recent years, Trolley Square has struggled. First the shooting in 2007. Some store owners believe the tragedy scared shoppers away. During Trolley's expansion in 2008, the recession hit. Finally after City Creek Center opened in 2012, so many store fronts were vacant at Trolley Square, the mall was 45% empty. Semnani tells ABC 4 he can't let that continue. So he plans to pump in new money, new stores, new restaurants.. and it's got Trolley Square shoppers excited.

"What do you think of that?" Reporter Brian Carlson asked.

"I think that's great," said Caroline Keller, shopper.

"That would be wonderful," said Linda Mount, shopper.

"I think if they revamped it a bit, it would be a lot better and busier," said Rebecca Boslough, shopper.

Semnani is excited too. He said if everything goes according to plan, Trolley Square will blossom once again.
 
"We won't be competing with the City Creek's of the world, the Fashion Places of the world, we want to complement them, just something new that they can benefit from it and we can benefit and the community benefits," said Semnani.
 
Semnani tells ABC 4 shoppers will begin to see the changes starting in six months. He expects the whole plan to come together in the next year to a year and a half.

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Follow Brian Carlson on Twitter: @tv_briancarlson
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