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Salt Lake
City, Utah
 Salt
Lake City has experienced tremendous economic
growth over the past 20 years. It is no wonder
the city was honored host of the 2002 Olympic
Winter Games. It was a natural choice, taking
special advantage of the world-class skiing available
just 30 minutes from downtown. But besides the
boost to the local economy that the Olympic Games
provided, Salt Lake City is booming, with one
of the highest concentrations of biomedical, high-tech
and software firms in the country.
As
new businesses move in and established businesses
grow, downtown property values continue to climb.
The total commercial valuation of downtown has
increased from $700 million in 1991 to almost
$1.4 billion in 2001. Twenty-six construction
projects are underway downtown, with just 10 of
those reporting a combined cost of over $735 million.
This is not only beneficial for these businesses
but also for the residents of Salt Lake City.
There's
quite a lot to see and do in Salt Lake City, from
researching your family's history using the largest
collection of genealogical data in the world to
taking a dinner cruise on the Great Salt Lake.
The architecture downtown is unique, with the
Capitol Building and Historic Temple Square illustrating
the city's role as the headquarters of the Church
of Jesus Christ of Latter Day Saints. Within a
day's drive are 10 national parks, and right in
the heart of the city is access to three pro teams:
the Utah Jazz, Grizzlies and Buzz. For people
who love to ski, Salt Lake City is the place to
be. Ten major ski resorts, six cross-country areas,
and the nation's only recreational ski jumping
complex are all within one hour from downtown.
If
Salt Lake City sounds appealing, consider that
the area has a very reasonable cost of living
index and housing prices hover around the national
average. Moreover, the area has a highly respected
educational system, with three Division I universities
within 30 miles. All of this combined with the
projected economic outlook makes Salt Lake City
the perfect place to call home.
KEY EMPLOYERS: State of Utah; University of
Utah; Hill Air Force Base; Granite School District;
Jordan School District; Utah State University;
Davis School District; Salt Lake County; Alpine
School District; United Parcel Service; Iomega;
IRS; Convergys; Intermountain Health Care; Pacific
Corp (Utah Power); Wells Fargo Bank; Zions Bank;
Qwest Communications; Deseret Management; Alcoa,
Inc.; Questar Corp.; Kinross Gold USA; Newspaper
Agency Corp.
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