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Mint Touch

Taylor Derrick Capital HQ showcases the design-build chops of Mint Construction and Mint Architecture on a cool T.I. renovation project in Salt Lake's Marmalade District. 
By Reuben Wright

Taylor Derrick Capital HQ showcases the design-build chops of Mint Construction and Mint Architecture on a cool T.I. renovation project in Salt Lake's Marmalade District.  

Cottonwood-based Mint Construction and Mint Architecture teamed up to deliver a cool tenant improvement project in May with the completion of Taylor Derrick Capital's new headquarters in Salt Lake's Marmalade District, restoring a building more than a century old in the process.


The $1.3 million, two-level, 2,840 SF T.I. included a host of challenging construction tasks, including restoring the original vaulted barrel-shaped ceiling with bow trusses and wood joist, constructing a new roof, adding a roof top deck, and significant seismic reinforcement of the masonry structure.


The new HQ was a labor of love for owner Rocky Derrick, Co-Founder and Managing Partner of Taylor Derrick Capital (TDC), who founded the firm in 2011 with Mark Taylor. Taylor passed away from a rare lung disease in 2015, but Derrick has soldiered on along with four new partners and has guided the company to great heights in recent years.


TDC provides equity and debt capital to real estate developers in the Western U.S., with Utah-based projects accounting for roughly half its investments. To date, the firm has provided over $2.8 billion in loans since 2011, including nearly half a billion alone ($492 million) in 2022.


So, this project was especially important to Derrick on all levels, considering the company he keeps in the world of real estate, development, and construction.

"That is our primary business—construction lending," said Derrick, an Olympus High graduate ('94) who earned degrees at the University of Utah (Bachelor of Communication, 2000) and University of Southern California (Master of Real Estate, 2004), and worked in real estate in Las Vegas and Southern California for a couple of firms before teaming up with Taylor. "It was important to have an office we can enjoy and show off to our clients. We're excited how the project turned out—it was definitely a passion play project."


Derrick was praised by Brandon Weaver, Business Development Director for Mint, for his hands-on approach and for contributing many ideas to the overall process, particularly exposing the barrel ceiling, the sleek conference room, natural daylighting throughout the office, and having a uniform concrete floor.

"Rocky gets a lot of credit for having so many great design ideas," said Weaver, adding that Mint's construction and design teams worked well together on this project, and typically combine on about 30% of Mint's annual volume. Weaver believes design-build work on private development projects will continue to grow in Utah as the market matures. He said combining design and construction services under one roof offers more risk, but more control over a project's direction while hopefully results in greater profitability.


"For us, we own so much more of the liability," said Weaver. "If our architect makes a mistake, you have to eat it as the contractor. Not every firm is willing to assume that liability. It forces us to find subcontractors at that level that are also going to assume that same (risk); it forces all us to be better."



Weaver continued, "There is real beauty in the true design-build process. Having the architecture in-house allows us to have more contact with the owner—we own the plans, so that number (budget) doesn't go up. No matter what happens (with change orders), it's on us. Owners appreciate that."


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Weaver said Mint holds a monthly meeting where "we bring our architects and field superintendents into a room, and they talk about the plans and what works and what doesn't work. So, the next time, the architect is better—he knows what the field guys are seeing and wanting in the plans."


Other building restoration items included restoring the structural brick in the executive office, adding new windows, metal awnings, and parapet caps to bring out the highlight of the original brick, installing a stately 9 ft. x 4 ft. metal pivot entrance door, the creation of new focal point at the reception desk with a Shou Sugi Ban treated wood feature, and burned and polished concrete floors highlighted with white oak wood stairs. Attractive and creative custom artwork is another hallmark throughout the space, including a couple of paintings by Derrick's wife.


Of exposing the vaulted barrel ceiling, Derrick said, "When we found this building during Covid we saw the back half, which was built over 100 years ago, and knew it had a lot of character. They had insulation stapled (to the ceiling) and a white plastic membrane. We hoped we could expose the wood and put a new roof on, and we did. It turned out amazing."


Derrick's firm has invested in some notable construction developments in Utah the past few years, including funding several projects for Centerville-based C.W. Urban, along with Paragon Station and Broadway Park Lofts multi-family projects in Salt Lake. He expects business to remain solid in Utah and the other western states the firm operates in, including Arizona, Nevada, Colorado, Idaho, and Texas.


"We finance homebuilders, multi-family, townhomes, industrial, retail, self-storage, some medical office—we're involved in most product types," said Derrick, who has also been an adjunct professor at the University of Utah the past 13 years teaching a Real Estate Development Life Cycle class and is on the Advisory Board of the U's Ivory-Boyer Real Estate Center.


"We're a private lender, so we can fill a lot of needs for our borrowers and can readily provide more leverage than a bank. If we can push some of the equity of the deal, that's where we can be a really good fit," said Derrick.



He added, "We do close to half our work in Utah right now; Salt Lake is the core of that. We love the diversity of Utah's economy and its growth."



Taylor Derrick Capital HQ

Location: Salt Lake City

Cost: $1.3 M

Delivery Method: Design/Build

Levels: 2

Size: 2,840 SF

 

Design Team

Architect: Riley Young

Electrical Engineer: JT Electric

Mechanical Engineer: JTB HVAC & Plumbing Engineering

Structural Engineer: BHB Engineers

Interior Design: Riley Young

 

Construction Team

General Contractor: Mint Construction       

Concrete: Iron Horse Concrete & Construction       

Plumbing: Blue Line Plumbing

HVAC: Temperature Difference

Electrical: JT Electric  

Masonry: Blackburn Design and Build

Drywall: B Green Drywall     

Painting: Fisher Painting       

Tile/Stone: Popp Flooring     

Millwork: Jim Isaac Construction

Flooring: Popp Enterprises   

Roofing: Chipman Construction

Glass/Curtain Wall: LKL Associates Inc.

Steel Fabrication: Ivey League  

Steel Erection: Ivey League

Demolition: Red Rock Demolition

Landscaping: Landscape Specialties Inc.




By LADD MARSHALL January 1, 2025
By Taylor Larsen November 1, 2024
Electrical contracting is competitive as hell. With a plethora of mega projects upcoming, a bidding war for the best electricians and estimators, and even a race to secure the energy to power Utah buildings, the competition at every level seems to grow more intense with each passing year. How can electrical contractors respond to upcoming trends and win work in the Beehive State? It Starts with Labor Ken Hoffman, Preconstruction Manager at Ludvik Electric, said that the competition for labor has been particularly fierce since he and his team began working on the New SLC International Airport some years ago. Competing for great people has always been the case, but the influx of high-level projects over the last decade, he recalled, “pulled everyone up” with drastic increases in wages that helped electricians bring more money home and brought in a cadre of workers from out of state to push jobs past the finish line. There is additional work to be done to bring in the next generation of fieldworkers to help build the state’s future, specifically the financial incentive to enter into a demanding, sometimes dangerous field. Contracting tech company ServiceTitan reports that salaries for entry-level electricians have risen 9.14% since the beginning of 2023, but is it enough? No, and it is hampering project execution. At a recent Urban Land Institute (ULI) Trends Conference, Hunt Electric CEO and President Troy Gregory offered a sobering statistic: currently, for every electrician who enters the trade, three electricians depart. Nathan Goodrich, Division Manager of Helix Electric, said that the industry needs to find solutions fast, as competing for the same people in a wage-based arms race is unsustainable. “We have to promote the trades as people are coming through high school,” he said. Exposure through industry days and other presentations is one way while granting release time for high school student workers was another that Goodrich mentioned as two ways to bring in the next generation of electrical contractors. Gregory agreed, saying that Hunt Electric and other industry groups have become much more involved at the high school level by showcasing and giving interested students career opportunities. He and his team have had success working on pre-apprenticeship that gives the most eager hands-on experience in prefabrication, an area that only grows in importance for contractors. “We’re getting them in a better position to be more productive on a job site on day one,” said Gregory.
By Taylor Larsen November 1, 2024
Editor's note: UC+D's annual look at age 40 & Under A/E/C professionals includes individuals from a wide range of market segments including a general contractor VP, an interior designer, a rising UDOT director, a steel industry entrepreneur, an equipment dealer owner, and an electrical contractor safety/HR executive. Each holds a key position at their respective firm and has proven their skill and capability along their unique career paths.
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Architect Brian Backe was succinct when he stated, "when I try to describe the Climate Innovation Center, one of the phrases is 'big things comes in small packages'." His words couldn't be more profound. An ambitious adaptive reuse project that is generating significant buzz in the sustainable building arena locally, Utah Clean Energy's new Climate Innovation Center (CIC) is the transformation of a modest, nearly 70-year-old, 3,000 SF single-level commercial structure into a state-of-the-art, two-story, zero-energy building that will serve as UCE's home for the next half century. "Within a 3,000 square foot footprint it has urban infill, is an adaptive reuse site, Net-Zero, combustion-free, hybrid mass timber structure—we really packed in a lot," said Backe, Principal-in-Charge for Blalock & Partners, who worked closely with Salt Lake-based Okland Construction to ensure optimum sustainability throughout the construction process. The $5.4 million, 5,260 SF project officially opened in June to much pomp and circumstance, and rightfully so. The center showcases the potential of what homes and buildings can be—spaces that are not only comfortable and inviting, but also produce zero pollution. The building will offer a space dedicated to learning, exploration and collaboration centered on climate solutions and improving local air quality, and a place for the community to engage and create solutions to the challenges we face. The project is a testament to CEO/Founder Sarah Wright and her team at Utah Clean Energy, and their commitment to increasing awareness of environmental sustainability. Their new home makes a bold, walk-the-walk statement about the importance of renewable energy in the built world. "There needs to be an education and understanding that renewables (solar, wind, hydro, geo-thermal) are our cheapest resources," said Wright, a Chicago-native whose diverse background includes work in geology, environmental consulting, air quality, and occupational health. She founded UCE, a mission-driven non-profit, in 2001 and is thrilled to see the CIC finally come to fruition after years of planning. The project, she said, embodies UCE's dedication to transforming Utah's built environment to be zero energy and emission-free, while helping the community reimagine the places we live and work. "This is a living laboratory and teaching tool for the public and the business community, demonstrating the tremendous role that buildings have in solving climate change," said Wright. "Everyone that's been here loves it and other owners say they are inspired by it." Kevin Emerson, Director of Building Decarbonization and an 18-year UCE veteran, said the project became a necessity in recent years as UCE's staff swelled to 15 people. "We've had a dream to really 'walk to talk' through our office headquarters and (CIC) is the result of that dream coming to fruition," said Emerson. "It is more than just office space—it's meant to be a showcase and teaching tool for the construction and design industry." "There is nothing more sustainable than reusing our existing buildings and breathing a new 50-year-life into a structure than was slated for demolition," said Backe, adding that construction crews seismically braced the primary existing CMU block wall, in addition to reusing over 65 tons of CMU and 50 tons of concrete.
By Taylor Larsen November 1, 2024
Cancer sucks. That message is on t-shirts and stickers, message boards and social media, and is often said to others when news comes out about a diagnosis—a show of solidarity in the fight against cancer. But riding through the challenge doesn’t have to be the only experience, especially in cancer center design and construction. For Nathan Murray and Brian Murphy, the respective design and construction leaders who helped bring the McKay-Dee Cancer Center into a 21st century, their work showed that a cancer diagnosis or treatment isn’t the end, but the beginning of a new journey of support and patient-centered care. The project was a long time coming. What began in 2018 with the winning bid needed a bit of time to settle on the ownership side, but had Scott Roberson and Jimmy Nielson from Intermountain Healthcare championing the project along the way. Throughout the project, the team never lost track of the patient experience, which Murphy said led to many productive meetings on design priorities and project sequencing to achieve the renovation’s full potential.
By Milt Harrison November 1, 2024
As the commercial construction market in Southern Utah—particularly Washington County—continues to heat up, Onset Financial's dazzling new four-story corporate headquarters for its Red Rock Division makes a bullish statement about the company's outlook for the greater St. George area. Indeed, the owner-occupied structure totals 60,000 SF and is designed to harmonize aesthetic appeal with supreme functionality, given that it houses 23 offices, 86 cubicles, myriad state-of-the-art amenities, and a swanky top-floor corporate penthouse for Onset owner Justin Nielsen that is second-to-none. Developed by Salt Lake-based Asilia Investments, CEO Jonathan (Jono) Gardner stated frankly that this project is the nicest, most expensive office project per square foot that his firm has been involved with, and it speaks to Onset's aggressive business practice and optimism in the future of the equipment lending market. 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In addition, said Langue, apertures on the outside are used as an extension of the building and help create shading for the large expanses of glass. Designing the complex floorplate grid was one thing, building it was another. "The layout was difficult because the gridlines were not particular to each other, and they didn't necessarily transfer to the floor above," said Tyler Dehaan, Project Manager for Okland, adding that it's the firm's first project of this kind. He said the "first pier footing we poured was crucial"—it had a column that extended at an angle and only connected to the building at the top floor, and was 15 feet lower in elevation than the first floor. "I was really concerned about that column not being in the right location/elevation and then the steel column not fitting," he added. 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By Taylor Larsen November 1, 2024
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By By Brad Fullmer October 4, 2024
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Nearly 90 minutes into a conversation with Dave Edwards and Bruce Fallon, the two remembered a story about the values of WPA Architecture from years before. Fallon was in talks with the principals at the firm to define values for the rest of the company. Longtime ownership, with decades of experience founding and building up their own firm, weren’t against the idea, but the idea of formalizing it all seemed inconsequential. Fallon had been a Principal with the firm for ten years and finally asked longtime Principal Alan Poulson (who retired in December 2023), ‘What motivates you?’ to which [Poulson] answered, ‘Providing for my family.’ The thought has stuck with Fallon and Edwards ever since. “It drove [Poulson] in everything he did,” Fallon said. “He was excellent in everything he did so he could provide for his family.” Now that the two lead WPA as Principals, they have looked to embrace excellence through intentionality—in purpose, relationships, and work ethic—that will lead the firm to new heights.
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