What’s the word on Amazon in Utah?
On July 5, 2017, the retail giant Amazon announced it would be building a $250-million, 855,000 square-foot regional fulfillment center in Utah, located in Salt Lake City’s attractive Northwest Quadrant.
Jobs! What are we talking here?
1,500+ full time jobs will be created, with thousands more expected for seasonal positions. The benefits of working at Amazon include…
- competitive hourly wages
- healthcare, maternity leave, and parental leave benefits package
- company stock options
- 401(k) savings plan with a company match
- an Employee Assistance program
- the Amazon Career Choice Program which will pre-pay or reimburse 95% of tuition and fees in higher education as you pursue high-wage, in-demand jobs; Amazon will also reimburse 95% of the cost of all required textbooks
What is the economic impact of Amazon?
The Governor’s Office of Economic Development estimates that Amazon will produce:
- $85.5 million in new wages
- $28.4 million in new State tax revenue
Were there any incentives?
Amazon received a $5.7 million State tax incentives package from GOED, which represents 20 percent of the tax revenue the company expects to generate over the next eight years. The $5.7 million will come in the form of tax rebates if post-performance goals are met.
What was Salt Lake City’s role?
The Salt Lake City Department of Economic Development played a crucial role in attracting Amazon. Economic Development staff touted Salt Lake City’s “customer first” attitude by walking Amazon representatives through the various permitting and development steps, taking care to meet their deadlines and respond to their needs
In recently celebrating their one-year anniversary, the new department has played a critical role in attracting 13 new companies to the Capital City, resulting in 3.35 million square feet of development, approximately 4,500 jobs, and $607 million in capital investment.
What is the Northwest Quadrant?
The Northwest Quadrant is a “once-in-a-generation” opportunity, with 3,670 acres of developable land directly west of Salt Lake City International Airport and the Salt Lake City International Center. The City has designated the area for development with an aggressive two-year plan to build an infrastructure backbone in the area, creating a grid to service an employment, light industrial, and manufacturing center.
Why is the land prime for developing?
No other city in the country has 3,670 acres of developable land within 15 minutes of an international airport, major interstate highway exchanges, railways, and a vibrant downtown.
Isn’t that where the new State prison will be?
The future State prison will be built on 300 acres at the far western end of the quadrant. The City will take advantage of State financing of the basic infrastructure being constructed for the facility, including roads, water, sewer, gas lines, fiber-optic cabling, and lighting.
What about the environment and sustainability?
Nearly 4,000 acres of land will be preserved as open space, protecting sensitive bird nesting areas and wildlife habitats.
The thoughtful planning and development of the Northwest Quadrant correlates with the City’s aggressive goals to reduce carbon emissions and air pollution. A variety of sustainable development options will be considered, including:
- High building code standards, stringent facility commissioning, and water efficient landscaping options
- Investigate heating opportunities, such as district-scale heating, heat recovery from sewer lines
- Transit options including Electric Vehicle Charging stations, car sharing programs, and a strong bikeways foundation