Salt Lake City

economic development

Salt Lake City’s Economic Development Director volunteers to assist with economic recovery in Florida

Natural and man-made disasters have devastating impacts on local communities. In response to the increase in disasters, the International Economic Development Council (IEDC) has developed a program of disaster preparedness and post-disaster economic recovery directed at economic development organizations, chambers of commerce, local businesses, and other economic recovery stakeholders.

Salt Lake City’s Department of Economic Development (SLC DED) Director, Lara Fritts, will serve as an economic recovery volunteer in Florida May 14 – 18, 2018.

Salt Lake City joins counties, cities, and towns throughout the country to celebrate Economic Development Week

National Economic Development Week was created by the International Economic Development Council (IEDC) in 2016 in order to increase awareness of local programs that create jobs, advance career development opportunities and increase the quality of life.

In its second year, Salt Lake City’s Department of Economic Development (SLC DED), alongside our industry and business partners, have planned a number of events to participate and celebrate Economic Development week.

Local restauranteur opens new, first-of-its-kind experiential restaurant in Salt Lake City

The owner of Este Pizza in Salt Lake City wants to take your dining experience to a new level, which prompted him to open The Dispensary, a unique dining establishment you won’t find anywhere else. The new eatery utilizes 986 square feet of space at 54 West 1700 South (same building as Sweet Lake Biscuits & Limeade). This restaurant project brings a $140,000 investment and 15 new jobs initially to the City. 

Research shows Salt Lake City development loans are fueling new businesses for women, minorities and low-income entrepreneurs

New research shows a large number of underrepresented business owners are getting significant support from Salt Lake City’s Economic Development Fund (EDLF). The EDLF has loaned more than $7 million to 56 existing businesses during the past three years.

Here is the breakdown of business owners who received an EDLF loan from January 2015 until now:

Salt Lake City’s Foreign-Trade Zone #30 receives new Alternative Site Framework status – makes joining FTZ easier for Utah businesses

The Salt Lake City Corporation is pleased to announce it has entered its Foreign-Trade Zone (FTZ) to the Alternative Site Framework (ASF). The benefits provided by this new framework will be accessible to any company within a 60-mile radius of the current FTZ located near the Salt Lake City International Airport. This area encompasses all of Salt Lake, Utah, Davis, Weber and Morgan Counties as well as parts of Box Elder, Summit and Tooele Counties.

Local business owners and restauranteurs make major investment with Salt Lake City’s first ‘Food Alley’

In a true example of the American dream, the Nguyen family – Vietnamese immigrants in Salt Lake City since 1992 and owners of Sapa Investment Group – is set to create the City’s first Food Alley. The family opened up the first Pho restaurant in Salt Lake City and now owns five different businesses throughout the Salt Lake Valley. The family says their successful restaurant background, international research, vision and an innovative business model make a recipe for success for Food Alley.

Premier office community opens in downtown Salt Lake City

Industrious, a premier shared office space provider with more than 30 shared workspaces in 24 cities nationwide, will open its first location in downtown Salt Lake City mid-February. The new co-working space occupies two floors in the historic Clift Building at 10 West Broadway. The 22,850 square-foot space has 65 private offices and enough space for more than 200 members.

Environmentally-friendly coolant company relocates to expandable warehouse in Salt Lake City

January 23, 2018

An international company that manufactures environmentally-friendly industrial lubricants and coolants is moving its U.S. headquarters from West Valley City to Salt Lake City. Oemeta’s new facility will include a water filtration system designed to leave all waste water produced cleaner than it came in.

New tech-focused creative co-working community set to open in Salt Lake City

Thursday, January 18, 2018

Kiln announced it has signed a lease agreement to open a new location in Salt Lake City. In addition to a location in Lehi, the new co-working community will have a space at The Gateway, set to open this summer. 

Expanding national lawn care company relocates to Salt Lake City

Expanding national lawn care company relocates to Salt Lake City

Currently located in Millcreek, Utah, TaskEasy is set to move their U.S. headquarters to downtown Salt Lake City on January 15, 2018. The lawn care company’s new location is located off 700 South and West Temple. The 39,500-sq. ft. building gives TaskEasy much-needed space to add nearly 200 jobs over the next year, with an investment of $6.5-million in the Capital City.

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