BUSINESS + ECONOMY

Lawmakers wondering how to pay for Point of the Mountain development

May 17, 2018, 8:28 AM
Follow @kslpetersamore...

SALT LAKE CITY — Utah lawmakers are figuring out how to pay for development at Point of the Mountain so they don’t lose 150,000 future jobs there.

Consultants for the state Legislature say the area will need a major north-south boulevard near I-15.

It would run from “the (state) prison site down to the Thanksgiving Point area so people don’t have to get on the freeway,” Envision Utah CEO Robert Grow told the Legislature’s Economic Development and Workforce Services Interim Committee.

Grow also said Point of the Mountain will also need “a much more detailed, connected street network and world-class public transit to the (state) prison site” in Draper, which should be relocated west of Salt Lake City International Airport by 2021.

Grow also told legislators Utah must invest billions of dollars in transit, or else lose 150,000 jobs by 2050. He presented his report on Wednesday.

“You’ll lose support jobs and other jobs in our economy, annual income to the state,” he said, estimating that number at $8 billion over 33 years.

We want to hear from you.

Have a story idea or tip? Send it to the KSL NewsRadio team here.

Today’s Top Stories

Business + Economy

quit their jobs...
PAUL WISEMAN AP Economics Writer

US added a strong 517,000 jobs in January despite Fed hikes

The Fed is aiming to achieve a "soft landing" — a pullback in the economy that is enough to tame high inflation without triggering recession.
2 days ago
Multiple dollar bills are pictured, social security will see a bump...
Mark Jones

Eyeing retirement: How much money is enough after you leave a job?

How do you know when it's time to leave a job or if you'll have enough for retirement? Dave and Dujanovic talk to a financial planner about this important question.
3 days ago
interest rate...
Curt Gresseth

Interest rate ticks up. Time to tame your debt.

The chief financial analyst for Bankrate.com joins the show to talk about the rising interest rate and how you can get out from under the debt you have accumulated.
3 days ago
The main reason small businesses fail in America is that the business owner doesn't have access to ...
Simone Seikaly

Lack of access stands between Black-owned businesses and success

But lack of access to money isn't the only thing that hinders Black-owned business in Utah and across the nation.
4 days ago
Mr. Murphy, a basset posing as a bee, leans in to get a sniff of 5-year-old Alex Schilling during t...
Elizabeth Weiler

Humane Society of Utah says shelters are full, adoptions are needed

The Humane Society of Utah says their shelters are filling up, especially with large breed dogs and puppies.
4 days ago
The Federal Reserve unanimously approved a quarter-point interest rate hike Wednesday, slowing the ...
Nicole Goodkind, CNN

Fed approves small rate hike, nodding to improved inflation outlook

The decision comes after months of large rate increases intended to cool the economy and marks a return to a more traditional interest-rate policy.
4 days ago

Sponsored Articles

Banner with Cervical Cancer Awareness Realistic Ribbon...
Intermountain Health

Five Common Causes of Cervical Cancer – and What You Can Do to Lower Your Risk

January is National Cervical Cancer Awareness month and cancer experts at Intermountain Health are working to educate women about cervical cancer, the tests that can warn women about potential cancer, and the importance of vaccination.
Kid holding a cisco fish at winterfest...
Bear Lake Convention and Visitors Bureau

Get Ready for Fun at the 2023 Bear Lake Monster Winterfest

The Bear Lake Monster Winterfest is an annual weekend event jam-packed full of fun activities the whole family can enjoy. This year the event will be held from January 27-29 at the Utah Bear Lake State Park Marina and Sunrise Resort and Event Center in Garden City, Utah. 
happy friends with sparklers at christmas dinner...
Macey's

15 Easy Christmas Dinner Ideas

We’ve scoured the web for you and narrowed down a few of our favorite Christmas dinner ideas to make your planning easy. Choose from the dishes we’ve highlighted to plan your meal or start brainstorming your own meal plan a couple of weeks before to make sure you have time to shop and prepare.
Spicy Homemade Loaded Taters Tots...
Macey's

5 Game Day Snacks for the Whole Family (with recipes!)

Try these game day snacks to make watching football at home with your family feel like a special occasion. 
Happy joyful smiling casual satisfied woman learning and communicates in sign language online using...
Sorenson

The Best Tools for Deaf and Hard-of-Hearing Workplace Success

Here are some of the best resources to make your workplace work better for Deaf and hard-of-hearing employees.
Team supporters celebrating at a tailgate party...
Macey's

8 Delicious Tailgate Foods That Require Zero Prep Work

In a hurry? These 8 tailgate foods take zero prep work, so you can fuel up and get back to what matters most: getting hyped for your favorite
Lawmakers wondering how to pay for Point of the Mountain development