Articles

Tooele County Sells Motorsports Track to Chinese Company

Tooele County—Tooele County officials announced last week their agreement to sell Miller Motorsports Park to Mitime Investment & Development Group. The county opted to sell the facility for $20,000,000 to Chinese company Mitime, w...
August 27, 2015

Lightning Fast: Utah Business Honors State's Fastest-Growing Companies

On Thursday, Utah Business honored the Fast 50 companies for 2015, revealing the ranked order of the companies. Also honored were the Emerging Eight, businesses that haven’t been in operation for long but are already speeding ahead of the...
August 27, 2015

Quality Tire Joins MICHELIN Commercial Service Network

Orem, Salt Lake City, St. George—Michelin Americas Truck Tires, a division of Michelin North America, Inc., announced that Quality Tire Company will join the MICHELIN Commercial Service Network(MCSN). The family-owned business operates fo...
August 26, 2015

Vail Resorts Commits $110 Million to Linking Park City and Canyons, Other Resort Projects

Park City—Vail Resorts will invest approximately $110 million to $115 million in resort improvements for the upcoming 2015-16 season to elevate the guest experience, bringing its five-year resort investment total to more than $500 million...
August 26, 2015

Overstock.com Receives High Marks for Award-Winning Mobile Apps

Salt Lake City—A report released by ARC from Applause named Overstock.com, Inc., as one of the best-rated retail mobile apps available on the market today. According to the report, "ideal retail experiences were born from customer-ob...
August 26, 2015

Virtus Oil and Gas Receives Permit Approval for Drilling in Southern Utah

Iron County—Virtus Oil and Gas Corporation announced Tuesday Utah's Bureau of Land Management (BLM) approved its permit to drill the Lone Pine 34-11-5 initial test well in Southern Utah.   The Lone Pine well will be drilled t...
August 26, 2015

Berkadia Completes Sale and Financing of Multifamily Property

North Salt Lake—Berkadia announced today the recent sale and financing of The Pointe, a multifamily property located at 55 W Center St. in North Salt Lake, Utah.  James Wadsworth and Greg Barratt of Berkadia's Salt Lake City offi...
August 26, 2015

JF Capital Breaks Ground on Luxury Apartment Development

Salt Lake City—JF Capital, a Utah-based real estate investment management and development firm, has secured debt and equity funding to commence construction on a $28 million luxury apartment development in downtown Salt Lake City.   ...
August 26, 2015

Mixed Commercial Development Heats Up in Orem

Orem—Midtown 360, a luxury mixed-use facility and one of Orem’s most iconic downtown buildings, announces the execution of three long-term commercial leases as economic activity throughout Utah County continues to scorch national av...
August 26, 2015

Renovations Commence on South Temple Tower

Salt Lake City—The Salt Lake office of CBRE, in conjunction with Maier Siebel Baber (MSB), is pleased to announce the commencement of renovations at South Temple Tower, located at 136 East South Temple in Salt Lake City. MSB is the bu...
August 26, 2015

Utah Inks Deal with Outdoor Recreation Show for Contract Extension

Salt Lake City—The Outdoor Recreation Show will call Utah home for a little longer. Organizers announced Monday the bi-annual trade show finalized a contract to stay in the Beehive State through 2018. The show, which showcases the...
August 25, 2015

Summit Materials Announces Acquisition of LeGrand Johnson Construction Company

Salt Lake City—Summit Materials, Inc., has completed the acquisition of LeGrand Johnson Construction Company, which will become part of Summit's Kilgore Companies business in Salt Lake City. a Denver-based vertically integrated co...
August 25, 2015

Park City’s Municipal Government's Largest Solar System Goes Live

Park City—Suniva, Inc., a U.S. manufacturer of high-efficiency crystalline silicon solar cells and modules, announced Monday that its high-powered modules are powering Park City’s Municipal Athletic & Recreation Center (MARC), a...
August 25, 2015

Outdoors Startup Making Tracks with Wearable Survival Gear

Lindon—Lost in the wilderness? Need to start a fire or catch a fish? Forgot to pack tinder or a line? Check your shoelaces. Lindon-based startup Wasatch Outdoors’ shoelaces and hooded sweatshirt cords are threaded with fishi...
August 24, 2015

Entrata Announces Expanded Leasing Center Headquarters

Lehi—Entrata, a real estate software company, announced Thursday the relocation of its Leasing Center headquarters to accommodate for its rapid growth. The new location on the Novell Campus in Provo, Utah will allow Entrata to double...
August 24, 2015

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