A/E/C Profiles
lot of money out here and is pretty happy with it.” “I like that Utah has been growing,” he added. “Whenever you’re adding bodies to a market it takes away risk fromwhat we’re doing. The more new bodies, the more people eating at your restaurant. The fact that the market is growing means the product will be absorbed over time without risk.” He also has enjoyed the relationships he’s built with local contractors and designers, and said St. John’s as a company does well managing the construction of its own projects. “As we track our construction pricing, we do $400 million a year in new construction. We’ve been able to control our pricing better than some of our competitors. We offer net 10 (10-day) payment to our subs; it’s allowed us to control our pricing. We show a lot of fidelity to our subs that take care of us and we give them a lot of work.” n
20 years of creating imaginative spaces that truly work. Now that’s Real. Imagination.™
Grove Tower, St. John Properties
801.438.9500 www.beecherwalker.com
Aug|Sept 18 | UTAH CONSTRUCTION & DESIGN | 41
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