Blog Post
Insight: The Point of the Mountain is beginning to boil
By: Natalie Gochnour
Originally published in the Deseret News
You can always tell when a pot of water is ready to boil. Hundreds of small air pockets begin to accumulate. Within seconds the tipping point occurs and the boiling begins.
While not a perfect comparison, a similar phenomenon is occurring at the nexus of Utah’s two largest counties. What locals call the “Point of the Mountain” is reaching an economic boiling point. The growth of Salt Lake and Utah counties are coming together. It’s the most significant change in Utah’s urban dynamics in a generation, and it presents significant economic opportunity.
Like a pot of hot water, the boiling signs have been present for some time. The area from Lehi to Draper is teeming with life. I’m told this stretch of land along I-15 has more commercial real estate transactions than any other area in the state right now. New businesses, restaurants, and residential developments are thriving. Major technology firms like eBay, Adobe, Xactware, IM Flash and others call this area home, and more are on the way.
Importantly, the area is near equal distance from the University of Utah and Brigham Young University, with Utah Valley University and Salt Lake Community College cradled nearby. The location around the Point of the Mountain maximizes access to many Utah institutions of higher learning.
Also important are significant transportation investments in the area such as the rebuild of I-15 and development FrontRunner commuter rail. Investment creates the catalyst for an economic boil, and Utah taxpayers have literally paved the way.
So what’s the difference between a very hot pot of water and a rapid boil? For this area the answer lies in the relocation of the Utah State Prison. We have a single landowner — whose purpose is to serve the public good — in charge of 700 acres of prime real estate. There is a significant state interest in directing this development towards the greatest state benefit.
Legislators recognize the opportunity and feel the urgency. State Sen. Jerry Stevenson recently said, “We only have one chance to do it right.” He’s spot-on. Utah’s two largest counties will only connect once. There’s no other 700-acre plot of land in the area that the state can direct to a public purpose. Once it’s done, it’s done.
Success is not guaranteed. To avoid boiling over or boiling dry, this area of the state will benefit from a meaningful public process that creates a vision for the future. The state should carefully study multiple options with the regional economy in mind. While important, this decision isn’t about the interests of any single local government entity, but rather regional economic growth. To be successful, the area needs smart planning and zoning, appropriate infrastructure investment, and a talented workforce, all while enhancing the life quality of residents.
I believe a careful planning process will reveal several important things need to happen. TRAX light rail should extend further southward servicing Adobe and other employment centers. Ultimately, rail service in this area should connect with activity centers in Orem and Provo.
The gravel pit will need to be reclaimed into a mix of developable and preserved lands. I envision a beautiful urban park with convenient access to the Wasatch Mountains and Jordan River Parkway.
Communities will need to provide and have funding for the very amenities people want — biking and pedestrian trails, restaurants and recreation within walking distance, more transportation and housing choices, and environmentally conscious development. We know from experience that tech-smart workers can work anywhere they want; they will choose places with life quality.
Salt Lake County is home to one out of every three Utahns. Utah County is home to nearly one in every five Utahns. These two economic behemoths are now coming together. This intersection is creating the most significant urban development opportunity in a generation. The Point of the Mountain is the place to be. Let’s develop it right.
Natalie Gochnour is an associate dean at the David Eccles School of Business and director of the Kem C. Gardner Policy Institute.