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It begins with a state that’s leading the country in economic growth and potential. It deepens with a city long loved for its ease, its natural beauty and its ready access to world-class outdoor adventure. And it lands in a place — the Power District — where all the best things about Utah and Salt Lake City come together in a powerful way.
The Power District is the fusion of a long and unique list of advantages. This emerging walkable destination stretches down both sides of the Jordan River at a point right between downtown Salt Lake and the Salt Lake International Airport. It brings workplaces together with remarkable outdoor spaces. Dining, shopping, residences and entertainment. And if all goes according to plan, it will add a Major League Baseball stadium to the mix.
Planned for:
1.3 million
sq. ft. Class A office
4,700
housing units
320,000
sq. ft. retail
300
hotel keys
Fully entitled with flexible zoning and building options up to 400 feet height
All-electric corporate campus model with dedicated high-voltage connections and robust fiber telecom infrastructure
Shovel-ready with utility and infrastructure planning in progress
Geotechnical and environmental due diligence nearing completion
Public infrastructure district framework in place to support eligible improvements and financing
Utah in the lead
Utah is a stand-out state. Its business climate, economic resilience, fiscal stability and long-term growth profile are consistently recognized as among the best in the nation.
Because Utah and the Salt Lake Valley are so strong in their fundamentals, they have maintained some of the strongest economic numbers of any region in the U.S., keeping pace with or simply outpacing larger metros. And Salt Lake City is experiencing one of the most robust development cycles in the Mountain West, driven by rapid population growth, strong industrial demand and sustained investor confidence. The region’s broad-based construction activity underscores its position as a top U.S. growth market.
16,900
May 2026 year over year
3.7 %
Unemployment rate as of May 2026
1.2 %
Private sector employment growth
Utah remains one of the fastest growing states in the nation in 2026, with a 10-year population increase of 18.37% from 2010-2020.”
World Population Review
There’s a reason Utah’s economy has worked so well for so long.
It’s a simple matter of business, government and community working together. Utah is more than pro-business. It’s pro-people. It’s an economic climate driven by common sense. Which has not only maintained a flat corporate tax rate of 5% for many years, but has developed a young, sustainable workforce, created exceptional quality of life and built a place where companies and people can put down roots and thrive.
“We lead the nation in volunteering and charitable giving every year and this spirit of community leads to a collaborative approach to problem solving, an ecosystem that supports innovation, and a culture that strengthens families and individuals.”
Governor Spencer Cox
Aggressive governmental support, a deep talent pool and strong talent pipeline, and a thriving innovation ecosystem have made Utah one of America’s premier destinations for business as well as a prolific incubation center for startup firms. It’s just another facet and clear symbol of a diverse economy positioned for long-term stability and expansion.
Adobe
Meta
Microsoft
Amazon
Oracle
eBay
Northrop Grumman
L3 Harris
Boeing
Lockheed Martin
Denali Therapeutics
Merit Medical
GE Healthcare
BioFire Diagnostics
Divvy/Bill
MX
SoFi
Goldman Sachs
Morgan Stanley
Domo
Podium
Lucid Software
Qualtrics
LiveView Technologies
Dandy
Utah’s workforce is one of its most outstanding strengths. And Utah’s higher-education system has become the prolific pipeline of a diverse talent pool. With one of the youngest populations in the nation and a well-established culture of education, Utah is consistently turning out a workforce that is highly skilled, adaptable and prepared to meet the needs of fast-growing industries. This strong and steady flow of talent is a major reason global companies continue to expand and invest in the state.
Did you know?
Utah’s Wasatch Front region boasts a college population of more than 215,000 students.
Utah has one of the youngest, fastest-growing educated workforces in the U.S.
Institutions like the University of Utah and Brigham Young University are major producers of STEM and business graduates.
Utah’s talent pipeline is a key driver behind the growth of Silicon Slopes and the state’s booming tech, life-science and finance sectors.
Utah consistently ranks among the top states for multilingual proficiency.
Major Universities
Liberal Arts & Community Colleges
The Power District is located at an incomparable crossroads. At the intersection of three major interstates: I-80, I-15, I-215. With two on-site TRAX light rail stations and FrontRunner commuter train access. Offering high-frequency UTA bus routes along North Temple not to mention the 47-mile Jordan River Parkway multi-use trail.
Air travel made easy breezy
With its recent renovation, Salt Lake International has become a gleaming example of a highly efficient, easily navigated midsize airport.
13 airlines and affiliates
300+ daily departures
28M+ annual passengers
Delta Airlines regional hub
All by itself, Salt Lake City adds a long list of employee perks for any company that locates here.
Salt Lake City offers the unique ability to ski world-class resorts like Snowbird and Park City Mountain during the day and then to see world-class DJs that same evening.”
Forbes
As with other high-performing cities, Salt Lake’s economic and population growth have resulted in rising prices for homes, both for-purchase and for-rent. But compared to other major tech hubs in California, Washington, Massachusetts and so forth, Utah offers a much greater level of housing variety and affordability. For executive housing, the Power District is surrounded by a number of upscale, centrally located neighborhoods. And housing is an integral part of the plan for the Power District, giving employees the possibility of a walkable commute.
The Power District is shovel-ready, and we’re currently scheduling tours of the property for serious prospective tenants. For a personal tour with our Executive Vice President of Business Development, Eric Fairbanks, click below.
