University of Utah Research Park

Investment

  • NMTC Amount: $4,750,000
  • Total Project Cost: $4,750,000

IMPACT

  • 12 FTE jobs

Investor

Project Description

The University of Utah Research Park is located on the campus of the University of Utah. Established in 1968, Research Park was intended to stimulate economic development within the State of Utah and encourage graduates from the University of Utah to stay in Salt Lake City by providing convenient access to research jobs. The university has helped to produce multiple businesses from the work of University students and researchers. Research Park currently has 48 companies along with 81 university departments with a workforce of more than 14,000.

MAP

Address: 630 South Komas Drive, Salt Lake City, UT 84108

Census Tract: 49035101400

Other Utah Projects

New construction of a multi-use building that provides four Head Start classrooms, two Early Head Start classrooms, three medical exam roos, one dental exam room, and more.
The adaptive reuse of the now-vacant 58,000 square-foot historic Ben Lomond Garage in Ogden, Utah into a creative and arts-focused mixed-use development.
In 2014, the Utah Shakespeare Festival worked with Community Development Finance Alliance to fund a new 89,267 sq. ft. facility.
The construction of subdivision infrastructure (streets, sidewalks, curbs, sewer and water lines, gas and electrical and storm water drainage) to support the development of up to 300 affordable housing units.