Park City Blog

SILICON SLOPES IS THE PLACE TO BE 

By Berkshire Hathaway HomeServices Utah Properties
Aug 03, 2016

Nature-103

Utah is world famous for having the Greatest Snow on Earth®, but recently, the Wasatch Front has become the home of a rapidly growing tech industry known as “Silicon Slopes”. Technology companies have descended upon the Beehive State spawning exponential growth along the Front. With Tech Giants like Adobe, Twitter and a host of innovative start-ups concentrated in South Salt lake County and North Utah County, residential neighborhoods in Riverton, Bluffdale, South Jordan, Draper and Lehi are bustling with new life.

What was once “small town” and farmland dotting the valley south of Salt Lake City is now the hottest area of growth in the state. The great thing is, several net positives promise to maintain the trajectory.

Location is important and although Utah may seem a bit “out-of-the-way”, it is actually drawing technology companies like no other place. The only state capitol with an international airport, Salt Lake City is a brief hour-and-a-half from the Bay Area and easily accessible to the rest of the world. The city is within minutes of unlimited outdoor activity and world class skiing. Renowned ballet, symphony, theatre and professional sports add to the vibrant community.

Low home prices, competitive salaries, and low operating costs are another draw for business and residents alike. Tech companies relocating from the Bay Area are able to offer their employees better benefits as well as invest more money back into business and product development resulting in better products and a more robust corporate footprint.

The entrepreneurial spirit and capable, willing workforce add to the stability of “Silicon Slopes”. Local universities provide outstanding programs in computer science, engineering and programming. They inspire and supply a healthy work ethic and energize future innovators and executives.

The “Silicon Slopes” area of the Wasatch Front is an exciting place to live and work and its contribution to the state’s economy has solidly secured Utah’s place on the map.

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