Announcing Opening of Jordan City Office

Posted on 23 August 2016 | 4:25 pm

Salt Lake City, UT—Berkshire Hathaway HomeServices Utah Properties today announced the opening of its new central Jordan City office building.Located in the River Park Corporate complex, this modern space provides real estate professionals with a forward-thinking open plan space that is the latest in the company’s succession of growth plans. “With over $1.8 billion in sales, we are the most successful brokerage in Utah,” commented CEO, Steve Roney. “We are opening this new office in the South Jordan area to better serve our business in this growing and critical part of the valley. This is our next growth step, and we are thrilled to be expanding alongside this market.”The move comes after a series of business successes for the company. In 2014, the company converted from Prudential Utah Real Estate to the legendary Berkshire Hathaway brand and was among the top ten brand brokerages in the country. Further, the company achieved more sales than any other Utah-based brokerage in 2015 and currently represents more real estate developments than any competitor.On the heels of these achievements, the company has put into motion an aggressive expansion plan, which has resulted in the acquisition of cutting edge office spaces that are ushering in a new level of innovation in northern Utah real estate.In a statement, Salt Lake branch broker, Kevin Cameron stated: “This new office illustrates our company commitment to meeting the real estate needs of the growing Jordan and South Salt Lake communities. The location provides central access to all key moving real estate neighborhoods. The future is looking bright.”About Berkshire Hathaway HomeServices Utah PropertiesBerkshire Hathaway HomeServices Utah Properties is an independently owned real estate brokerage dating back to 1976. With offices throughout northern Utah, the company has a long-standing track record of market dominance and dependability. Under the Berkshire Hathaway name, our agency holds the #1 position in Utah’s real estate marketplace and maintains an historic commitment to community-driven service.About Berkshire HathawayBerkshire Hathaway is a worldwide holding company based in Omaha, NE. Its chairman and CEO is Warren Buffett, often referred to as the “Oracle of Omaha,” who according to Time magazine’s ranking is among the world’s most influential people. Berkshire Hathaway is the No. 1 company in Barron’s 2013 ranking of the world...  more»

SILICON SLOPES IS THE PLACE TO BE 

Posted on 3 August 2016 | 10:45 am

Nature-103

Utah is world famous for having the Greatest Snow on Earth®, but recently, the Wasatch Front has become the home of a rapidly growing tech industry known as “Silicon Slopes”. Technology companies have descended upon the Beehive State spawning exponential growth along the Front. With Tech Giants like Adobe, Twitter and a host of innovative start-ups concentrated in South Salt lake County and North Utah County, residential neighborhoods in Riverton, Bluffdale, South Jordan, Draper and Lehi are bustling with new life.

What was once “small town” and farmland dotting the valley south of Salt Lake City is now the hottest area of growth in the state. The great thing is, several net positives promise to maintain the trajectory.

Location is important and although Utah may seem a bit “out-of-the-way”, it is actually drawing technology companies like no other place. The only state capitol with an international airport, Salt Lake City is a brief hour-and-a-half from the Bay Area and easily accessible to the rest of the world. The city is within minutes of unlimited outdoor activity and world class skiing. Renowned ballet, symphony, theatre and professional sports add to the vibrant community.

Low home prices, competitive salaries, and low operating costs are another draw for business and residents alike. Tech companies relocating from the Bay Area are able to offer their employees better benefits as well as invest more money back into business and product development resulting in better products and a more robust corporate footprint.

The entrepreneurial spirit and capable, willing workforce add to the stability of “Silicon Slopes”. Local universities provide outstanding programs in computer science, engineering and programming. They inspire and supply a healthy work ethic and energize future innovators and executives.

The “Silicon Slopes” area of the Wasatch Front is an exciting place to live and work and its contribution to the state’s economy has solidly secured Utah’s place on the map.

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The History of Park City

Posted on 28 July 2016 | 2:54 pm

 Park City, a now vibrant community, was once a hard-hat wearing, saloon visiting mining town. Although the town was not incorporated until 1884, Park City’s history began in the winter of 1868 when soldiers climbed over the mountains from Big Cottonwood Canyon and discovered silver. Mining began with the Flagstaff Mine, later renamed Ontario Mine.The Ontario Mine was one of highest volume producing silver mines in the world, and the success of Ontario helped create a boom-town atmosphere in Park City. To this day, the remnants of the Ontario and Silver King mines, can be seen on the slopes of present day ski resorts.Until 1898, the town was booming with no end in sight, but a fire that burned down 200 out of 350 structures would put the townspeople, now numbering 7,000, to the test. Miraculously, the town rallied, and the whole town was rebuilt in just a year and a half.Six years later, in 1904, local businessmen established the Miners Hospital, initially located at the base of what is now Park City Mountain. The hospital was built and furnished entirely through community donations, and it allowed miners to stop traveling thirty miles to a Salt Lake City hospital. For the next decade, the town experienced hard times including landslides, cave-ins, and flooded tunnels. One of the town’s greatest tragedies was the destruction of Main Street’s Egyptian Theatre in 1916.Mining Fast Facts From 1875-1982 Park City produced: 1.45 million ounces of gold 253 million ounces of silver 2.7 billion pounds of lead 1.5 billion pounds of zinc 129 million pounds of copper In 1917, the state of Utah decided to start prohibition two years before the rest of the country; however, in 1921 twenty-six out of twenty-seven local bars were still serving alcohol. Then in 1929, the stock market crashed and local mines lost value; but shortly after the crash in 1931, Alf Engen set a world record on Ecker hill with a 247-foot ski jump. Skiing began to infiltrate the town with the first successful winter carnival in 1936 at what is now Deer Valley, and in 1947, as mining prices dropped even lower, Snow Park installed its first chairlift.In 1949, all of the mines were shut down until 1952 when some reopened, but Park City became a ‘ghost town’ of only about 1,150 people. The town did not begin to rise again until 1963 when they qualified for a federal loan exce...  more»

 

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