News: August 2020

Project Vast: Novva Bringing Major Data Center Campus to West Jordan

Novva, Inc. is building a 380,000 square-foot (sf) multi-tenant data center in West Jordan, creating up to 50 new high-paying jobs and an initial capital expenditure of $100 million.

COVID-19 and Other Economic News Roundup for the Week of August 24

ICYMI - To help our investors keep track, we’ve compiled some of the top COVID-19 and other relevant economic news of the past week.

SLC Per Diem Costs vs. Some Competing Markets

Business Travel Executive magazine published its annual Corporate Travel Index in March. Where does SLC stack up?

Colliers Global Workplace Survey

Chris Kirk of EDCUtah investor Colliers, who was on our virtual Town Hall panel this morning, shared some interesting information from a global “Work from Home” survey the company conducted.

Project Pam: Home Reserve Finds a Home in Ogden

Home Reserve will open an office in Utah, creating up to 35 new manufacturing jobs in the next year. The company is leasing property in Ogden and projects $2.5 million in capital expenditures associated with the project.

COVID-19 and Other Economic News Roundup for the Week of August 17

ICYMI - To help our investors keep track, we’ve compiled some of the top COVID-19 and other relevant economic news of the past week.

Utah - Lowest Unemployment Rate in Nation

The Bureau of Labor Statistics has released July 2020 Unemployment statistics, and Utah has the lowest rate in the country. While many Utahns are feeling the impact of the COVID downturn as much as anyone in the nation, there’s reason to be optimistic. Utah’s economy is showing resiliency.

Teleworking and Air Quality: Five Questions for Thom Carter of UCAIR

The biggest surprise in UCAIR’s Telework survey is how high a percentage of people would be willing to telework specifically just to improve air quality. In order to mitigate an incoming inversion, 94 percent of management and 93 percent of employees would engage in telework. We caught up with executive director Thom Carter for more. 

COVID-19 and Other Economic News Roundup for the Week of August 10

ICYMI - To help our investors keep track, we’ve compiled some of the top COVID-19 and other relevant economic news of the past week. 

Project Maverick: Misfits Market Announces West Coast HQ in Utah

Misfits Market will locate its West Coast headquarters in Utah, creating up to 105 new, high-paying jobs in the next five years. The company projects $25 million in capital expenditures associated with the project.