By Carter Williams, KSL | Posted – Jan. 14, 2026
In an exciting yet challenging turn of events, the Salt Lake City Community Reinvestment Agency is faced with a significant decision regarding the future of a historic building in the heart of the city. The venerable Salt Lake Mattress Building, dating back to 1907, stands at the center of Climbing USA's ambitious plans to construct a new headquarters and climbing gym. But the path to preservation is now fraught with complications that require additional funding and thoughtful deliberation.
A Shift from Preservation to Reconstruction
Originally, the Reinvestment Agency had agreed to a $6 million plan aimed at preserving and adaptive reuse of the historic building, located at 535 West 300 South. However, after a detailed assessment by pre-construction teams, it became evident that the complexities of the building’s structure necessitated a different approach. Climbing USA is now requesting an additional $250,000 to proceed with an updated plan to rebuild while still incorporating historic elements into the new design. The project could exceed $1.3 million more if the original preservation strategy is followed.
Councilman Dan Dugan, chairman of the Reinvestment Agency's board, elaborated on their current stance, stating, “I think we're still leaning on the idea that we want to keep the building (intact) as much as we can.”
The Salt Lake Mattress Company building has stood through many transformations and was acquired over 20 years ago with an aim to maintain its historical significance as the city prepares to revitalize the Rio Grande District.
The Impact of Deterioration and Seismic Concerns
The necessity for reconstruction stems from multiple factors, especially the impact of the 2020 earthquake that affected the structure’s integrity. Major work is required, including the removal and replacement of portions of the existing brick, as recommended for safety and stability.
According to Ashley Ogden, a senior project manager for the Reinvestment Agency, structural reinforcement is essential for adaptively reusing the building, making the original preservation plan much more costly than anticipated.
Cost-Benefit Considerations
The decision to lean towards rebuilding rather than renovating comes with significant economic implications. The plan to rebuild using a combination of concrete masonry block faced with historic brick aims to retain the building's character while also ensuring stability and sustainability.
Steve Brown, a development consultant for Climbing USA, stressed that though the project requires additional funds, Okland Construction is determined to move forward. He expressed confidence in managing the budget at $6.25 million, capturing the interests of city officials.
“In our current market, you just can't throw money at it,” Dugan remarked, suggesting pragmatic solutions to navigate the rising costs while being sensitive to preservationists’ concerns.
The Community's Response and Looking Ahead
While board members expressed trepidation regarding increasing costs amid already substantial public allocations, many also recognize the importance of adapting to modern needs without cavalierly discarding the historical value.
Councilwoman Erika Carlsen pointed out that with over $20 million already invested in public funding for the entire development, including a new building and public plaza, the plea for more funds raises valid questions on sustainability and community expectations for historic preservation.
Board members, including Councilwoman Eva Lopez Chavez, reflected on the necessity of balancing preservation with safety standards—especially in a region prone to seismic activity.
As discussions continue, the Reinvestment Agency board is expected to vote on the matter in their upcoming meeting scheduled for February 10. Dugan anticipates both support and opposition from preservation advocates but believes many will see the justification for the proposed rebuilding design.
For more about the evolution of urban development in Salt Lake City and the implications for historic structures, stay tuned to our coverage or visit KSL News.
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Carter Williams is a dedicated reporter for KSL, covering a variety of topics including local government, environmental issues, and the outdoors. For more updates, you can follow him on Twitter.
