Business in Utah - 2018

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I N F R A S T R U C T U R E

Points of Progress

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The Point of the Mountain will create a dynamic live-work-play community at the former site of a state penitentiary in Draper, in an area already home to hightech firms such as Adobe and eBay. HOK rendering cour tesy of Envision Utah

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BUSINE SS IN U TA H

by A D A M B R U N S

egacy, tradition and heritage are always strong in Utah. There’s no reason major developments should be any different. Take the Point of the Mountain development, for example, where 700 acres owned by the State of Utah surrounding a state penitentiary site in Draper are beginning a transformation into a model high-tech community. Among the many stakeholders leading the way is Utah Development and Construction, which takes its name from the company led by Marriner Eccles that was a primary force behind the construction of one of the engineering marvels of the

world: Hoover Dam. Or consider this: May 10, 2019, will mark the sesquicentennial of the famous final railroad spike driven into the nation’s first transcontinental railroad in Promontory, Utah. “It’s still astonishing to me to think that, four years after the Civil War, the country had the audacity to connect both coasts by rail,” says Theresa Foxley, president and CEO of Economic Development Corporation of Utah (EDCUtah), “and we still trade off of that today. I think the Inland Port is next level of that for us.” That’s the logistics hub slated to take shape in the northwest quadrant — shorthand for the


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Business in Utah - 2018 by Utah Governor's Office of Economic Opportunity - Issuu