SALT LAKE CITY GROWTH - Utah is one of the fastest growing states in the country. The annual State of Downtown event was held Thursday morning, touting the growth that has been seen in Salt Lake City. The surge in the downtown area isn't hard to see.
"Downtown Salt Lake City is in ascension," said Dee Brewer, Executive Director of the Downtown Alliance."There are 11 more buildings under construction downtown, we're going to see the tallest building in Salt Lake come out of the ground shortly, that will be 40 stories of residential apartments," said Brewer.
"We have a relatively small residential population downtown, less than 5,000 people, in the next two years, that will double," said Brewer. That report points at that unemployment in the state of Utah was just two percent at the end of last year. With a low supply of workers, that state's hospitality industry is dealing with a high demand for workers, after seeing jobs in the industry grow by 17,770 in 2021.
"We also have the strongest economy in the nation here in the state of Utah, so we have all the tools that we need to grow in the right way," said Salt Lake City Mayor Erin Mendenhall."As people come into the city over the next two to three years, they're going to see a different skyline than they saw at the 2002 Winter Olympic Games or even just five to 10 years ago," said Mayor Mendenhall.
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