2016-17 - The Northwest Quadrant Show Economic Promise (29 of 30)

The 2016-2017 fiscal year was an exciting one for EDCUtah. Both UPS and Amazon announced plans to build distribution centers in Salt Lake City’s Northwest Quadrant. The UPS announcement came in late summer 2016 with the Amazon announcement coming a year later in early summer 2017. UPS chose the Northwest Quadrant for their Mega Regional Hub due to its proximity to the Salt Lake City International Airport and Utah’s strategic one-day and two-day trucking routes. UPS’s announcement was a major win not only for the state but also for Salt Lake City. “As the ‘Crossroads of the West,’ Salt Lake City is a good fit for UPS to locate a facility to serve the needs of millions of customers. Likewise, with its strong commitment to diversity, a culture of empowering employees, and a willingness to lead on sustainability issues, UPS is a good fit for Salt Lake City,” said Jackie Biskupski, mayor of Salt Lake City. For similar reasons, Amazon identified the area as the prime location for a new robotic distribution center.

These major wins for Utah, bringing 3,000 new jobs and $400 million in capital investment, are the first movers into what state leaders consider a once in a lifetime economic development opportunity. With proximity to the international airport, I-80, and I-15, the Northwest Quadrant has a wide array of transportation options for companies looking to easily move their products.

The area shows further economic promise with the establishment of an inland port authority. During the 2018 Legislative session, the Utah State Legislature passed a bill to create an inland port authority. Inland ports are sites with strong transportation infrastructure and distribution operations and operate much like traditional coastal ports providing services such as customs to hasten international trade. An inland port in the Northwest Quadrant would serve as a logistical center for the western United States and bring significant economic opportunities to the area and state as a whole. “International business in Utah is big business and contributes significantly to our place as the nation’s fastest-growing economy. An inland port will position Utah as a center for global trade and take the state from the “Crossroads of the West” to the crossroads of the world.” Derek Miller, former president and CEO of World Trade Center Utah and co-chair of the Inland Port Committee.

 

 

Publication 
EDCUtah Thu, 06/14/2018 - 14:38