West Valley City 2022 Year-End Review: The Capital Rolls In
29 Nov 2022
West Valley City, the second largest city in Utah, deserves to be known as “The City in Motion” because the economic successes keep rolling in. Fiscal year 2022 brought in approximately $216 million in capital investment.
West Valley City Economic Optimization Department (WVCEOD) actively leverages the City’s extensive assets to attract investors. The region boasts a skilled local workforce and an affordable cost of living in a prime location.
Not only are goods easily moved throughout the Intermountain West and beyond via convenient access to interstates, highways, air transport, and freight rail, but people want to live here. Nestled in the Salt Lake Valley between the Wasatch and Oquirrh mountain ranges, West Valley City puts you in touch with nature and outdoor recreation, as well as world-class shopping, impressive music venues, live theater, and unique “passport to the world” restaurants. While West Valley City has everything you need with a fantastic quality of life, Salt Lake City, the airport, and the University of Utah are mere minutes away. West Valley is that rare place where you can build your career and your life.
WVCEOD works to develop and maintain a diverse and vibrant economic base by supporting current businesses and providing entrepreneurs and site selectors with the resources needed for start-up, relocation, and expansion. While focusing on economic growth, WVCEOD keeps the City’s sense of place in mind, encouraging developers to make buildings attractive with modern facades, aesthetically pleasing entrances, and attention to green spaces and energy efficiency.
Follow the lead of Henkel, Duluth Trading Co., Irby, Brewers Supply Group, COMPAX, Aligned Data Center, and Serto, and explore our industrial properties. Many facilities have access to all major transportation infrastructure without time-wasting congestion, as well as the other features you need for success.
ARA Industrial Park Building D
The completed ARA complex represents $189 million in capital investment, even before including tenants. The entire complex is 5 million square feet of new industrial space. ARA Building D was completed in 2021 and is the largest privately held building in the state, measuring 897,000 square feet.
In 2022, Henkel moved in to occupy the entire building. Henkel operates worldwide with leading innovations, brands, and technologies in three business areas: adhesive technologies, beauty care, and laundry and home care. West Valley City welcomes the jobs created.
West Valley City’s 727,933-square-foot master-planned four-building industrial park, 201 MVP, is located in one of the most dynamic real estate corridors in the Western United States, known as Salt Lake County’s “Northwest Quadrant.” The project resides in the existing Economic Development Area (EDA), which provides a tax incremental financing vehicle for various tax abatement incentives available to qualifying users.
The region has evolved into a premier hub for high-tech and medical device manufacturing, advanced materials and aerospace/defense manufacturing, R&D, regional distribution, and e-commerce, in part, because of its proximity to an extensive labor pool.
Current tenants Duluth Trading Co., Irby, Brewers Supply Group, COMPAX, Aligned Data Center, and Serto have access to all major transportation infrastructure without time-wasting congestion. Building 4 still has vacancy.
- Duluth Trading Co., the growing lifestyle brand famous for its durable, solution-based goods and clothes, opened a 228,000-square-foot satellite distribution facility at 6162 W. Beagley Road. The center created 300 full- and part-time employment opportunities and more than 100 seasonal, part-time staff openings to support peak-season operations.
- Irby Utilities is a company with a vision to change the role of the electrical distributor from that of a bid-based provider of electrical products to that of a high-value partner, providing total electrical solutions. It expanded its operation into the Intermountain West with the 126,000-square-foot facility in West Valley City.
- Brewers Supply Group (BSG) has a 67,000-square-foot production and distribution center in West Valley City. The company was founded in 2004 to deliver the finest brewing ingredients at competitive prices.
- COMPAX opened a 63,000-square-foot facility in West Valley City to expand its mission to deliver innovative packaging for brands. They have 16 years of manufacturing experience in the United States.
- Aligned Data Center, with its mission to make critical infrastructure adaptive and intelligent enough to enable customers to expand on demand, found a natural home in West Valley City for its 59,000-square-foot facility. Utah ranks 2nd in the nation and 3rd worldwide for the fastest internet connectivity speeds, with an extensive fiber infrastructure. Referred to as the Silicon Slopes, Utah ranks 5th in the U.S. for national disaster safety.
- Serto, a global manufacturer of valves, tube unions, and hoses, among other things, occupies a 16,800-square-foot facility at 6368 W. Beagley Road.
The Sansone Group completed West Valley Logistic Center III, a 314,175 square foot, rear-load Class A speculative industrial warehouse and distribution center on 18 acres in West Valley City. Another 328,000-square-foot Sansone industrial site located at 2215 S 7200 W has recently gone vertical.
Raceway Commerce is under construction on approximately 32.57 acres. These two rear load configuration buildings totaling 397,894 square feet with 36 trailer parking stalls are zoned for light industrial with immediate access to 201 Freeway and Mountian View Corridor.
West Valley City has the space available right now for your launch or expansion . . . and not just any space. Our business parks are energy efficient, technology heavy, and close to the lifestyle amenities your employees deserve.
Soleil Technology Park
Completed in 2021, Soleil Technology Park is an innovative amenity-rich office campus environment adjacent to a golf course and walking paths, offering a fitness room, covered parking, bike storage, a food truck court, game space, and much more. The campus features balanced energy consumption, redundant fiber optic, peak shaving technology, Qualified Opportunity Zone investment, and innovative tech.
Five buildings totaling 525,000 square feet comprise the campus. Nusano, a health-tech company, now occupies 145,000 square feet, including a linear accelerator. Nusano works to revolutionize uranium-free radioisotope development and production in a broad range of diagnostic and therapeutic medical applications. The company will add 92 high-paying jobs in Utah over the next 15 years and relocate its corporate headquarters from Valencia, California. Nusano was approved for a tax credit of up to about $2 million for the $46.5 million project.
Fairbourne Station Business Park
Fairbourne Station Business Park, located at 3550 S Market Street, is an 8.5-acre mixed-use development completed in 2022, featuring Embassy Suites, upscale residences, 200,000 square feet of office space, and retail pads. The complex is the area’s second-tallest structure outside of downtown Salt Lake City and is a prime example of the area's revitalization. It was designed with aesthetics in mind, featuring green spaces and 360-degree views of the majestic Utah mountain ranges.
In 2022, Metrodora, a clinic and research institute focusing on neuroimmune health and creating a new blueprint for patient care and research, leased 53,654 square feet. In West Valley City, Metadora found access to expertise and a local community ripe with biotech innovation.
In West Valley City, we have the housing options you need when you are ready to take that leap for your career and lifestyle. The City has Class A luxury housing ready for move-in, with more on the way! Class A properties are the highest-quality buildings in the market. West Valley City’s amenities and convenience can’t be beaten.
Decker Station Apartments
Decker Station Apartments at 3100 S Decker Lake Drive will offer 219 Class A multifamily apartment units on 2.79 acres with incredible amenities. Residents will select from studio and one- and two-bedroom varieties.
Parks, restaurants, entertainment, and other services are within walking distance. This premier housing is across from the Maverick Center and adjacent to the Decker Lake Trax Station, offering unparalleled access to the Salt Lake Valley. Residents will easily be able to visit Valley Fair Mall, a host of high-quality dining and entertainment options, employers, downtown Salt Lake City, and the Salt Lake International Airport.
Erin Hills Phase II
Erin Hills Estates in West Valley City offers the best-valued luxury townhomes in the Salt Lake area. Strategically planned around a thriving neighborhood, Erin Hills at 3500 S 5600 W has scenic views of the Wasatch Front and is only minutes away from downtown Salt Lake. This extensive project consists of multi-family four- and five-plexes representing $10 million in capital investment. With phase II comes 72 new units featuring amenities such as a pickleball court, playground, walking trails, courtyard, and more.
Sage Valley Luxury Apartments
Sage Valley Luxury Apartments at 4100 S Redwood Road is a 420-unit, seven-story luxury apartment complex representing a $95 million capital investment. Completion is planned for early 2023. Amenities include a resort-style swimming pool with cabanas and a spa, a pickleball court, a clubhouse and lounge, a dog exercise park, a playground, a hammock garden, a fitness center, and much more.
West Valley City welcomed several new retail establishments in 2022, which brought substantial capital investment. We have the enthusiasm and offer the assistance, as well as the population, to deliver retail success your way.
Jack in the Box at 5600 W 5400 S. The beloved West Coast chain is working on expanding its footprint in Utah.
Ken Garff Fleet Center at 5600 W 4700 S. Operating out of a 330,000-square-foot facility with a 106,000-square-foot shop on 37 acres, the center offers all of your commercial vehicle and truck up-fitting services in one place.
Mister Car Wash at 2055 W 3500 S. The company is committed to conscientious water stewardship while offering a superior clean.
Meat Hook BBQ Co. at 3380 S Redwood Road. The restaurant prides itself on making quality smoked meat and delicious sides fresh in-house,
TownePlace Suites by Marriott Salt Lake City-West Valley at 5600 W 2800 S. The hotel is conveniently located near Cummins, Parker Hannifin, Verizon Wireless, Intermountain HealthCare, Discover Card, and the USANA Amphitheater.
Quick Quack Car Wash at 5600 w 5400 S. This car wash offers membership packages and multi-car discounts.
West Valley City Economic Optimization Department
The centrality of West Valley City in the Intermountain West delivers exceptional convenience coupled with a desirable cost of living and economical cost of doing business. See how we can help you expand or advance your business with our red-carpet-level concierge service! Contact us today at 801-963-3345 and follow us on LinkedIn and Facebook to see our City’s recent projects and successes.