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Interim Day: Panel hears reports on government-centric economic development
Tweet In today’s Economic Development and Workforce Services Interim Committee meeting at the Utah State Capitol, the committee heard reports from various state government economic development agencies, including reports from the Office of Tourism and the Film Commission. The Office … Continue reading
Economic gardening arrives in Utah
Tweet Economic gardening – an entrepreneur-centered approach to economic development – has arrived in Utah and could lead to hundreds or thousands of new home-grown jobs. The National Center for Economic Gardening (NCEG), an affiliate of the Edward Lowe Foundation, … Continue reading
S.L. has enough room for a convention, but not enough cabs? Hmm …
Tweet In a recent KSL article about the Outdoor Retailer show possibly relocating outside Salt Lake, the head of Visit Salt Lake said the following: Salt Lake has enough hotel rooms and convention floor space, but Outdoor Retailer wants 900 … Continue reading
Pew: Utah is ‘trailing’ in evaluating tax incentives
Tweet Utah is fortunate that Governor Gary Herbert and the Legislature have made significant efforts to improve Utah’s economy and lessen government’s involvement in the free market. We hope they will continue these commendable efforts by closing a gap in … Continue reading
Posted in Economic Development
Tagged economic development, GOED, Pew, tax incentives
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Going upscale in downtown S.L.
Tweet Five years ago backhoes started ripping two old, not-so-upscale malls and surrounding buildings in downtown Salt Lake City into rubble. Now, after an immense amount of construction, the new City Creek Center is open. City Creek is remarkable not … Continue reading
Posted in Economic Development, Free market
Tagged City Creek Center, economic development, free market
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Economic gardening could sprout with help from new task force
Tweet Governor Gary Herbert has signed HB 28, a bill that will form an Economic Development Task Force to find ways to improve Utah’s economy. Economic gardening is one topic that the new task force may address. Watch this video … Continue reading
Posted in Economic Development
Tagged Brad Wilson, economic development, economic gardening, HB 28
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Video: Sandy favors Scheels with $16.8 million tax deal
Tweet In January, we wrote about a special 25-year tax deal that Sandy has offered to Scheels, a sporting goods store. Watch this video report to hear what representatives from Sandy, Sutherland Institute, and a local business competitor had to … Continue reading
Posted in Economic Development
Tagged economic development, Glen Gerner, Nick Duerksen, Sandy, Scheels
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Video: Behind Costco’s Spanish Fork deal
Tweet What if your next-door neighbor were able to pay zero sales taxes for 18 months ($2,000 for the average Utahn) and zero utility bills for four years – and you had to subsidize this arrangement? As we reported … Continue reading
Posted in Economic Development
Tagged Costco, economic development, incentives, Spanish Fork
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Sandy favors retailer with a tax break – for a quarter-century
Tweet Last Friday, we highlighted a special tax deal offered to Costco by Spanish Fork. Today, we highlight another deal offered in Sandy to Scheels, a sporting goods superstore, and analyze the rationale used to justify these kinds of … Continue reading
Costco deal unfair to other Spanish Fork businesses
Tweet How would you like to pay no sales taxes for 18 months and no utility bills for four years? Sounds like a sweetheart deal, doesn’t it? Well, it is for Costco in Spanish Fork. The city has offered … Continue reading
Posted in Economic Development
Tagged Costco, economic development, incentives, Spanish Fork
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To grow Utah’s economy, start at home
Tweet We have been critical of many of the state’s economic development programs designed to lure large corporations to Utah. For example, see here and here. But any legitimate critique of policy should be accompanied by a reasonable alternative. … Continue reading
Posted in Economic Development
Tagged economic development, economic gardening, entrepreneurism
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Utah Governor’s Office of Economic Development gets a D+ for transparency
Tweet This morning, I arrived at the Governor’s Office of Economic Development (GOED) to attend a GOED board meeting at 10 a.m. No one was there. Apparently, the meeting had been postponed until May 26. The funny thing is that … Continue reading
Posted in Economic Development, Transparency
Tagged economic development, Good Jobs First, transparency
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