$7 billion capex
Project Tripletail

Tract, a developer of master-planned data center parks, announced its acquisition of more than 668 acres of land in Eagle Mountain, UT. The land sits within Eagle Mountain’s Regional Technology Innovation (RTI) Overlay, which allows for by-right use for data centers, advanced manufacturing, research and development sites, supported by expedited administrative review processes for site plans and permits.

“We identified data centers early on as a way to employ residents, pay for the infrastructure of our growing city, and form partnerships to strengthen this close-knit community,” said Mayor Tom Westmoreland of Eagle Mountain. “Beyond the fiscal impact, our new technology neighbors have been great additions to our community, and we look forward to working with partners like Tract to develop new campuses and expand our emergence as a tech hub while maintaining our small-town charm.”

According to JLL’s recent North America Data Center Report, data center demand in Salt Lake City is being boosted by both hyperscalers and wholesale providers, driving net absorption in the first half of 2023 to nearly two thirds of the total market inventory. Wholesale providers Aligned, NOVVA, and DataBank have all announced recent expansions. QTS has announced it will enter the Salt Lake market in Eagle Mountain, joining Meta who is in the process of building a campus and Google who has acquired land there.

“Data centers continue to migrate to campus deployments and the building blocks for land and power are getting bigger to keep pace with the underlying demand,” explained Graham Williams, chief investment officer of Tract. “Building on Utah’s data center sales tax exemption and low power rates, Eagle Mountain has distinguished itself through thoughtful planning and having sufficient contiguous land to meet the campus needs of tomorrow. We appreciate the partnership with the city and look forward to accelerating responsible infrastructure for data center development.”

“We appreciate Tract’s leadership in minimizing water impact, as well as their innovative approaches to powering their campuses,” said Scott Cuthbertson, president and CEO of the Economic Development Corporation of Utah. “Resource-conscious data center expansion can help ensure economic prosperity for the State of Utah, today and in the future.”

Project Tripletail was supported by Tom Freeman at Colliers, an EDCUtah Builder’s Circle investor.

For more information, visit tract.com. For media inquiries, please contact media@tract.com.

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Investors: If you were involved in this project and would like to add your organization to this announcement, please email connect@edcutah.org.

For additional information or to schedule an interview, please contact us.

75 jobs
100,000 sq ft.
$4.5 million capex
Project Linsanity II

The Utah Governor’s Office of Economic Opportunity (GOEO) and the Economic Development Corporation of Utah (EDCUtah) are pleased to announce that EZARC Solutions plans to bring up to 75 new, high-paying jobs and invest about $4.5 million in Utah County over the next 5 years.

“We congratulate EZARC on its decision to expand its fabrication and manufacturing capabilities in Utah,” said Ryan Starks, executive director of the Governor’s Office of Economic Development. “With the strong presence of the semiconductor and advanced manufacturing industries in the Western U.S., EZARC is uniquely positioned geographically to address the market needs in Utah and beyond.”

EZARC is trusted by the world’s most innovative companies to develop end-to-end solutions for construction problems ranging from simple to complex. The company is dedicated to building solutions with clients from preconstruction engineering and design through estimating and construction to operational start-up and maintenance. EZARC is a building solutions partner for structural steel, miscellaneous metals, custom metal fabrications, rigging, and tool and equipment installations, including new build, renovation, and clean environments. For over 31 years, EZARC has found ways to change how things have been done and provide new and revolutionary approaches.

“We could not be more pleased to call Utah our home and have the support of the Utah Governor’s Office of Economic Opportunity, EDCUtah, and our local communities, with our unprecedented growth and expansion,” said Steve Bowers, president and COO at EZARC Inc. “EZARC is becoming a world leader within the semiconductor, data center, and advanced manufacturing industries, by providing innovative solutions that are changing the ways our client can meet the demands of an ever-changing world.”

“We are pleased to see another local company choose to reinvest in Utah,” said Scott Cuthbertson, president and CEO of EDCUtah. “Semiconductor manufacturing is a priority industry for Utah and the United States, and we look forward to growing our state’s capacity for this critical supply chain.”

Gerritt Vander Linden, business development manager, led Project Linsanity for EDCUtah.

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Investors: If you were involved in this project and would like to add your organization to this announcement, please email connect@edcutah.org.

For additional information or to schedule an interview, please contact us.