Archive

A question of density: Developers floating new Olympia Hills plan

By John Rogers Developers Doug Young and Cory Shupe have come back to the public, hoping to gain support for their retooled Olympia Hills high-density residential community in far southwest Salt Lake County. Their original proposal met stiff opposition last year from area…

Want to start a new business? Utah is the 2nd-best place in the nation to do it

Utah is second, behind only Texas, as the best state for starting a business, based on rankings compiled by personal finance website WalletHub. WalletHub compared the states across 26 indicators of startup success. The data set ranges from financing accessibility to availability…

Staff

Jul 15

Demand outpaces growth in Wasatch office market

A tight Wasatch Front office market lingers as construction growth is unable to keep pace with demand. That’s the conclusion of a Salt Lake City metro area market report recapping the first quarter of 2019 compiled by Marcus & Millichap, which indicates that “unwavering tenant…

Staff

Jul 15

Bear River bird refuge has significant economic impact for the state

By Brice Wallace Having a bird refuge is not chicken feed, economically speaking. The Bear River Migratory Bird Refuge had an economic impact of $4.1 million in 2017, according to a report from the U.S. Department of the Interior’s U.S. Fish and Wildlife Service. That year, the…

R&O named ENR 's contractor of the year

Engineering News Record (ENR), a weekly magazine that covers the worldwide construction industry from its New York City headquarters, has selected R&O Construction of Ogden as its Contractor of the Year for the Intermountain Region. The region consists of Utah, Idaho, Wyoming…

Staff

Jul 15

Novo sells its SLC facility

Sterile Processing Services of America (SPSA), located in Long Beach, California, has acquired Novo Health Systems’ Salt Lake City hospital sterilization services facility. SPSA is a portfolio company of Pacific Avenue Capital Partners LLC. “We are excited to add the Salt Lake…

Staff

Jul 15

Irvine Office Park breaks ground in Draper

Salt Lake City-based developer Irvine Investment Co. has broken ground on Irvine Office Park, a 540,000-square-foot Class A office building in Draper. The development is located at the intersection of I-15 and Bangerter Highway. “Irvine Office Park offers access to major freeway…

Staff

Jul 15

Lendio moves, plans to add 100 employees

Lendio, a Utah-based small-business loan marketplace, has moved its corporate headquarters from South Jordan to Lehi. According to a release from the company, the move to Lehi allows the company to further accelerate its growth, with plans to hire another 100 employees, expand…

Staff

Jul 15

Salt Lake City RDA releases $10.7 million to encourage affordable housing projects

The Redevelopment Agency of Salt Lake City (RDA) is making $10.7 million available to local housing developers for the construction of affordable housing projects. As part of a city-wide effort to increase the number of affordable housing units in Salt Lake City, the Salt Lake…

Staff

Jul 15

Survey: Americans are willing to do a lot in order to own a home

According to a new Wells Fargo survey, Americans are willing to do what it takes to make their homeownership goals a reality — such as taking on a side job, cutting expenses or considering a less-expensive location. The Wells Fargo 2019 “How America Views Homeownership” survey…

Staff

Jul 15

Survey shows some middle-market firms are preparing for an economic slowdown

By Drew Yergensen The Great Recession ended in 2009 and, despite the growth that has prevailed in the decade since, many middle-market business owners have been watching economic trends closely and taking steps to prepare for the time when growth stalls. While overall sentiment…

Succeeding in Your Business: Important to keep client attrition low when selling a professional practice

By Cliff Ennico “I am a podiatrist with a fairly large practice in a large Midwestern city. My wife and I have decided to move south to Florida to be closer to our grandchildren. I have found a younger podiatrist who wants to take over my practice, but I’m not sure exactly how…

Editorial Cartoon: Great Again

Staff

Jul 14

Industry Briefs 7-15-19

Industry Briefs are provided as a free service to our readers. Company news information may be sent to brice@slenterprise.com. The submission deadline is one week before publication. ACQUISITIONS • Forum Health LLC , Salt Lake City, has acquired SevaMed Institute , a medical…

Staff

Jul 14

Trump is showing us how not to score a goal in the global trade war

By Veronique de Rugy Pres. Donald Trump likes to keep score. Well, here’s a score for him: America, zero; while the rest of the world keeps tallying up free trade points. That’s right, while American consumers have been waiting for well over a year to see some resolution to the…

Despite Reagan, Gingrich and Tea Party, welfare state standing strong

By Fareed Zakaria Today’s crisis of conservatism has produced surprisingly few books that try to understand what exactly has happened to the venerable creed. For decades, conservatism was a dominant ideology in the Western world, championed by Margaret Thatcher and Ronald…

Newsletter - 7-8-19

https://slenterprise.com 801-533-0556 --> This week in The Enterprise Monday, July 8, 2019 Arts industry strong in Utah: Adds $10B yearly to economy "Vibrant and impactful."Those words are used to describe Utah's creative-arts industry in a new profile recently released by the…

Staff

Jul 8

Arts industry strong in Utah: Adds $10B yearly to economy

“Vibrant and impactful.” Those words are used to describe Utah’s creative-arts industry in a new profile recently released by the Economic Development Corporation of Utah (EDCUtah). The study, titled “The Arts In Utah,” found that job growth in arts and entertainment the past…

Staff

Jul 8

Weber & Davis counties join to promote No. Utah

Davis and Weber counties have joined forces with the Economic Development Corporation of Utah (EDCUtah) to announce the formation of a new regional economic development entity that will brand and promote the Northern Utah region. Chris Roybal, former president and CEO of…

Staff

Jul 8

Survey: Utah salaries up 3.3 percent over 2018

Utah salaries rose an average of 3.3 percent for positions of all kinds in the past year, according to the just-released Utah Benchmark Compensation Survey from Employers Council. The survey was one of two released by the council along with the Utah Information Technology…

Staff

Jul 8

Noorda College hits key accreditation milestone

The proposed Noorda College of Osteopathic Medicine (Noorda-COM), set to be based in Provo, has received notification from the Commission on Osteopathic College Accreditation that its application for accreditation has be moved from “applicant” status to “candidate” status. The…

Staff

Jul 8

Poll: Investor optimism wanes for second straight quarter

American investors’ optimism declined again in the second quarter, according to The Wells Fargo/Gallup Investor and Retirement Optimism Index. The index dropped to 85, down 18 points from 103 a year ago. The index dropped in the first quarter also. Investors are less optimistic…

Staff

Jul 8