Question-and-Answer Session
[Operator Instructions]. The first question comes from the line of Craig Schmidt with Merrill Lynch.
Craig Schmidt - Merrill Lynch
Good morning.
Robert S. Taubman - Chairman, President and Chief Executive Officer
Hi, Craig.
Craig Schmidt - Merrill Lynch
On the North Atlanta project, would you have JV partners to help you with the office, resi and hotel portions of that project?
Robert S. Taubman - Chairman, President and Chief Executive Officer
Yes, Craig. Our plan would either be to sell off the rights or find JV partners, and we've already begun that process as we are working with the residential operator on a significant chunk of the residential units.
Craig Schmidt - Merrill Lynch
And the retail is going to be 1.4 million square feet?
Robert S. Taubman - Chairman, President and Chief Executive Officer
That is the size of the project that has been entitled. The initial Phase I might be something less than that.
Craig Schmidt - Merrill Lynch
Okay. Thank you.
Operator
Your next question comes from the line of Jonathan Habermann with Goldman Sachs.
Robert S. Taubman - Chairman, President and Chief Executive Officer
Jonathan? Operator?
Operator
That question has been withdrawn. Your next question comes from the line of Christeen Kim with Deutsche Bank.
Christeen Kim - Deutsche Bank
-- get underway.
Robert S. Taubman - Chairman, President and Chief Executive Officer
Christeen, I am sorry. We couldn't hear anything you said at the beginning.
Christeen Kim - Deutsche Bank
In terms of City Creek in North Atlanta, how early realistically could those get underway?
Robert S. Taubman - Chairman, President and Chief Executive Officer
Well, City Creek as we told you is? actually, I don't know if we said at this call, but we... it's actually under demolition right now. So, it is actually in a process of beginning construction. The plans are being finalized. We do have some final approvals to go through in terms of the entitlements, but as you can hear from the steady advancement through the entitlement process, we are increasingly confident of those approvals.
So, I think that we talked about 2012 is when Salt Lake will be opening. Again it's a very complex project, and that's why it is taking that long to build. In the case of Atlanta, as we said, we would hopefully we are pushing for as early as a 2011 opening, but we need to finish with the anchor stores, and sometimes the anchor stores takes longer than you expect, so that if you assume a two-year construction process, then we would need to be underway, under construction sometime by late 2009. Christeen? Operator?
- To read the full transcript on Seeking Alpha, click here »
