The second in a series of roundtable discussions focused on economic development and vitality was held a several weeks ago at the new O.C. Tanner Company building. Salt Lake City's central business district is growing, as small business enterprises are opening and important construction projects are taking shape or nearing completion. Despite global and national economic challenges, the economy of downtown Salt Lake City and many important structures there are on the rise.
Since the beginning of the year, 29 new businesses, including 17 restaurants, pubs and nightclubs, have opened on or around Main Street. One major structure is about to host its grand opening and there is excellent progress toward completion on several other major building projects. About 1,000 construction-related workers continue to labor in downtown Salt Lake City, with their payroll contributing to the economy of the Wasatch Front. The Downtown Roundtable included several downtown leaders and business owners, and the discussion was led by Jason Mathis, executive director of the Downtown Alliance.
The Utah Technology Council also held a hard hat tour of downtown Salt Lake City in conjunction with the mayor's office and the Salt Lake Chamber of Commerce. This event focused on the technology community's involvement with downtown's changing landscape. Salt Lake City is, indeed, poised to recover quickly as the economy turns around.
On another subject, EDCUtah is currently developing plans for the Utah Pavilion at BIO 2010, which will be held next May 3-6 in Chicago. Here's a link to our Utah Pavilion Brochure. And here's a link to our Commitment Form. BIO is always a fantastic event and joining or sponsoring the Utah Pavilion makes it easy and affordable for biotechnology and life science-related companies to participate.