SALT LAKE CITY, Utah (ABC4 Utah) – Salt Lake City Mayor Jackie Biskupski and University of Utah Health celebrated a new era of business in Sugar House.
They officially launched construction of a news $150 million development dubbed Park Ave.
The say Park Ave is Salt Lake City’s largest economic development project outside of downtown Salt Lake City in a number of years is expected to greatly enhance the already vibrant Sugar House neighborhood.
“Today marks a significant milestone for our city’s overall economic development goals. This project, with its vast amenities and premiere location in the city is poised for Sugar House to support the new growth and the surrounding area,” said Biskupski.
The 9-acre project is expected to bring more than 700 employees and hundreds of visitors to the area each day who will shop, dine and support local businesses.