Dec. 9, 2008

  A Publication of the Economic Development Corporation of Utah
CEO Jeff Edwards

President's Message

Daybreak Center  Becomes Utah's First LEED Platinum-Certified Building


Utah continues to amaze and delight. I recently visited Rio Tinto's new Regional Center and Daybreak Corporate Center in South Jordan. This project, which just celebrated its grand opening, highlights the innovation and spirit of economic development along the Wasatch Front and the entire State of Utah. The Daybreak Corporate Center is the first LEED (Leadership in Energy and Environmental Design) Platinum-Certified building in Utah. The LEED Design Building Rating System is a voluntary, third-party verified system designed for rating new and existing commercial, institutional and high-rise residential buildings.

Building plans for the Daybreak Corporate Center called for maximizing energy efficiencies, sustainability and environmentally responsible building practices. As a result, the employees who work there can enjoy an environmentally friendly building with close proximity to a future Trax station and the Mountain View Corridor, and spectacular views of both the Wasatch and Oquirrh mountain ranges.

Rio Tinto's investment in a LEED-certified building is one more example of the great corporate citizens we have in the state. The investment also strengthens our position as a state focused on responsible energy use and helps us as we pursue growth in this area of the Salt Lake Valley.

On another subject, I encourage you to mark your calendars and plan to attend EDCUtah's holiday open house, which will be held next Wednesday, Dec. 17, at our office in the One Utah Center. The event takes place from 4 to 6 p.m. I look forward to seeing you and reflecting on another great year of economic development and relationship-building in Utah. I do hope you will attend.

Our feature story this week highlights the important role that site consultants play in our economic development efforts. Truly, they play a critical role in many business expansion or relocation decisions and EDCUtah works hard to develop and maintain close relationships with this group of highly skilled professionals.

Today's Economic Review also includes links to many of the ED-related news stories from the past week. As always, if you have comments, suggestions or topics you'd like to see in the Economic Review, please contact us by clicking the "Comments" link on the bottom of this page. Enjoy!

Jeff Edwards

Jeff Edwards
President and CEO


Feature

Site Consultants are Important Players in EDCUtah's Economic Development Efforts


When Gregg Wassmansdorf, vice president and manager of the Location and Incentive Practice at Colliers International, contacted EDCUtah in September 2006 to say Utah was on the short list for his client's western expansion plans, no one in the state knew he was representing Proctor & Gamble Co. (P&G), or that the giant conglomerate would later commit to a $540 million capital investment in Box Elder County, where it is building a Charmin and Bounty paper-products manufacturing plant..

"What we did know is that Wassmansdorf is a skilled site consultant with key contacts and that he is well versed in the many advantages Utah has to offer," says Todd Brightwell, vice president of business development for EDCUtah. "We also knew that we shared a great relationship and that he was presenting us with an enormous opportunity."

Highly Specialized Professionals

Site consultants like Wassmansdorf are highly specialized professionals who often handle the early details in business relocation decisions. Brightwell says their role is so important to economic development efforts that for the past 10 or 15 years EDCUtah has devoted specific attention to building relationships with them, communicating with them and educating them about what Utah has to offer.

To build relationships with site consultants and educate them about Utah, EDCUtah distributes frequent site consultant-specific messages about the state, project wins and other useful information. EDCUtah also conducts two annual site consultant events, inviting them to spend a weekend in the state, experience the greatest snow on earth (if they are skiers), and collaborate with EDCUtah in focus group discussions. In September 2007, EDCUtah took a group of site consultants to Moab for a view of Utah's renowned landscapes and then engaged them in focus group discussions centered on identifying external perceptions of Utah and how the Beehive State can better present itself on a national scale.

"Holding site consultant events is a practice that has worked very well for us," says Jeff Edwards, EDCUtah president and CEO. "Getting company representatives or site consultants to visit the state is an important factor in our success and more than half the time will help seal a deal."

What's more, nearly 75 percent of the high-level, high-paying company relocations that have come to Utah have originated through site consultants. Brightwell says Oracle Corporation's construction of a new global information technology facility in West Jordan is another example of a major project that originated through a site consultant.

Upcoming Events

Plans for upcoming site consultant events include a Park City event in January to coincide with the Sundance Film Festival, a ski event in February and possibly a third event for non-skiers this fall at Zion National Park, near St. George.

"We want them to see all of the opportunities Utah has to offer, find out how they like to be contacted and ask them how we can better present Utah's amenities on a national scale," Brightwell adds.

EDCUtah targets site consultants that are not familiar with Utah or that haven't done business in the state for an extended period. While it is rare to find a consultant that hasn't at least heard of the state, he says there are still ample opportunities to educate site consultants about Utah's highly-educated workforce, low utility costs, pro-business environment, natural beauty and supportive leadership in a levels of government.

"Utah has been fortunate to ride a big wave of momentum perpetuated by Governor Jon Huntsman and his leadership. He is well-known and respected throughout the country," says Edwards. "Our inquiries are still strong, even in these down times, because we stand so strong."

Attendance at events like CoreNet Global, the semiannual conference of commercial and corporate real estate executives, and Industrial Asset Management Council (IAMC) forums also provide opportunities for EDCUtah to grow and expand its relationships with site consultants. Additionally, EDCUtah economic developers make annual visits on a rotational basis to site consultants in various cities around the country to maintain relationships, find out what projects they have on their plates and encourage them to consider Utah for relocation and expansion decisions.

"These visits always prove useful in helping us promote Utah," Brightwell says.

Changing Dynamics

Like many industries, the dynamics of site consulting are changing, largely due to the increased amount of economic development information available, competitiveness and the need for site consultants to differentiate themselves. Regarding information, Brightwell says companies can do a lot of their own due diligence now so when they do employ a site consultant, they want specific, unique information that isn't readily available.

Many site consultants are differentiating themselves by specializing in specific industries or niches within emerging industries. Brightwell says such specialization creates opportunities for EDCUtah to leverage a site consultant's knowledge and experience. For example, EDCUtah has built a relationship with a particular site consultant in Austin, Texas, who specializes in the renewable energy industry.

"He is helping us identify what the state can do to be more attractive to renewable energy companies," says Brightwell.

Ultimately, the site consultant events and focus group discussions, the personal visits and frequent messages provide EDCUtah with opportunities to promote Utah to site consultants on a national scale.

"The effort pays off," says Brightwell. "We see a return on investment every week as inquiries pour in. Utah is well-positioned for future growth."


CALENDAR


Dec. 17:
 Holiday Open House 4 to 6 p.m. at EDCUtah

Jan. 13, 2009:  Entrada at Snow Canyon Country Club;  reception 6 to 8 p.m.

Jan. 14:  Washington County Economic Summit, 7 a.m. to 2 p.m., Dixie Center, St. George, UT www.whatsupdownsouth.com

Jan. 15: Utah Commercial Real Estate Symposium, Salt Palace Convention Center, Room 255. Register here.

March 24-26:  JEC Composites Show (Paris, France) http://www.jeccomposites.com/jec-show/


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Board of Trustees


 

Rio Tinto's Daybreak Corporate Center is LEED Platinum-Certified

The east side of the Daybreak Corporate Center is adjacent to the 65-acre Oquirrh Lake, where employees have stunning views of the water and the Salt Lake Valley.

Kennecott Land's Daybreak Corporate Center Achieves LEED Platinum Certification


Kennecott Land has achieved a milestone in sustainable development by being awarded LEEDŽ Platinum Certification by the U.S Green Building Council (USGBC). Platinum certification is the highest certification awarded from USGBC demonstrating energy efficiency and environmental stewardship. The Daybreak Corporate Center is the first LEED Platinum building in Utah.

"We have taken large steps to leave a small footprint, and being awarded LEED Platinum has been a great way to cap an exciting development," said Scott Kaufmann, Vice President, Commercial Development, Kennecott Land. "The entire project team rose to the challenge. I am very proud of what we have accomplished and the leadership we have shown."

LEED is USGBC's primary rating system for designing and constructing the world's greenest, most energy efficient, and high-performing buildings. LEED Certification was achieved through environmentally-friendly design and building standards. The project was reviewed for measures taken in categories that include sustainable sites, energy and atmosphere, water efficiency, indoor environmental quality, and materials use.

The state-of-the-art Daybreak Corporate Center is approximately 175,000 square feet. The building also serves as the Rio Tinto Regional Center. Roughly 75 percent of the building houses hundreds of Rio Tinto, Kennecott Land and Kennecott Utah Copper employees, with the remaining space available for lease.

Kennecott Land, along with FFKR Architects and Sahara, Inc., used the LEED rating system to design, build and achieve areas of efficiency without significantly impacting costs, integrating these components into the already sustainable Daybreak Community. The architecture and functional design capitalize on daylighting, views, water conservation and energy efficiency.

"Rio Tinto is a very forward-thinking company. It was a shared goal among the team to exceed environmental standards and set future standards," said Jim Lewis, AIA, Principal, FFKR Architects. "The goal of the LEED Platinum certification provided a platform for environmental-directed design that started at the beginning of design, continued through construction and set the bar for future tenant spaces within the building."

"From the beginning, the goal was to create a building that was, above all, as environmentally sustainable as possible while working within the project constraints," said Clegg Mabey, Vice President, Sahara, Inc. "We tried to leave no stone unturned when looking for creative ways to provide an environmentally-responsible facility, which resulted in Utah's first USGBC LEED Platinum Building."

The project site was selected due to its proximity to alternative transportation and existing and planned amenities. The building is located adjacent to the future Mid-Jordan TRAX line and Mountain View Corridor.

Daylighting was recognized early on during the design phase as a concept that needed to be fully integrated into the design. The building has the potential to have daylight throughout each floor through 11-foot windows encircling the building. In addition, more than 90 percent of occupants will be able to take advantage of the incredible views of the Oquirrh and Wasatch Mountain ranges.

Daybreak Corporate Center retains 100 percent of storm water on-site and in turn uses this as a source for irrigating the water-wise landscaping and reducing the need for a traditional conveyance system.

Daybreak Corporate Center incorporates a design that promotes high indoor air quality through selecting paints, adhesives, sealants, carpeting and composite-wood products with low volatile organic compound (VOC) materials. In addition, the high-efficiency HVAC system installed is expected to use 40 percent less energy than a standard building and exceeds minimum standards for fresh air changes. The building was designed to use 22 percent less energy than standard office buildings through smart lighting, building orientation, and a photovoltaic solar-roof system that creates energy efficiency.

Through the building's construction process, energy and resources were saved by recycling more than 95 percent of all construction waste, and 22 percent of all materials used were from recycled sources. In addition, 20 percent of materials purchased were from regional suppliers, reducing transportation costs and saving energy.

"Daybreak Corporate Center's LEED certification demonstrates tremendous green building leadership," said Rick Fedrizzi, President, CEO & Founding Chair, U.S. Green Building Council. "The urgency of USGBC's mission has challenged the industry to move faster and reach further than ever before, and the Daybreak Corporate Center serves as a prime example with just how much we can accomplish."


In The News

Economic Development Headlines from the Past Week

Huntsman proposes jolt for Utah economy

- Gov. Jon Huntsman Jr. calls it a "kick-start" for the state's economy, a multi-faceted plan to infuse billions into Utah's economy, that he says could preserve jobs and jolt the housing and construction sectors back to life. (Salt Lake Tribune)

'Greenest building' has big opening

- Global environmental advocate Robert F. Kennedy Jr. and television fix-it guy Bob Vila were on hand Sunday evening to celebrate the grand opening of a new Kimball Junction environmental education center its creators are calling the "greenest building in Utah." (Deseret News) (Park Record)

Outdoor Retailer continues to promote innovative outdoor fashion with Winter Market's inaugural "Project OR" competition

- Outdoor Retailer today announced it will host the second cycle of "Project OR," a 48-hour concept-to-prototype student design competition meant to inspire innovative winter outdoor fashions, in conjunction with Outdoor Retailer Winter Market held Jan. 22-25, 2009, at the Salt Palace Convention Center in Salt Lake City, Utah. (Press Release)

Taylorsville's up in down times

- Amid the economic downturn, building is booming in Taylorsville. The west-side Salt Lake County burg of 59,000 people is on track to have its biggest quarter -- by dollar value of new developments -- since it incorporated in 1996. And two developers appear close to agreeing to fill in the sprawling pad of dirt that surrounds Taylorsville City Hall. (Salt Lake Tribune)

Renewable energy projects gaining momentum

- In order to harvest the renewable energy that we have in this state, we need to build a lot more infrastructure... (KCPW)

Ski Area Environmental Scorecard ranks Sundance Resort third in the its top 10

- Sundance Resort ranked third in the Ski Area Citizens' Coalition 2008/2009 Environmental Scorecard Top 10.(Utah Business Magazine)

Parks generate $485M for Utah

- Park ranger Chris Judson works for Bandelier National Monument, N.M. National parks account for $18 billion in economic activity. (The Associated Press file photo)Utah's national parks enrich not only our souls but also the economy. Parks infuse more than 11,000 jobs and nearly $485 million into the Utah economy, says a new study. (Salt Lake Tribune) (Deseret News)

ATK as prime systems contractor will lead a global supply chain enterprise

- Alliant Techsystems has been awarded an $87 million contract by the U.S. Army Sustainment Command in Rock Island, Ill., to supply various types of non-standard (non-NATO) ammunition in support of emergent requirements for Afghan National Security Forces. (Utah Business Magazine)

Utah Business honors 17 "Best Companies to Work For"

- Utah Business magazine honored 17 Utah companies at the 2008 "Best Companies to Work For" awards ceremony and luncheon at the 23rd Floor in Salt Lake City yesterday. (Utah Business Magazine)

Hamilton Partners 'tops-off' 222 Main, adding final steel beam

- Hamilton Partners recently reached a milestone by adding the final steel beam to "top-off" 222 Main. The project is a key component of the Downtown Rising vision and when it is completed, it will be the tallest structure built in downtown Salt Lake City in over a decade. (Utah Business Magazine)

U.S. Bank needs Utah workers for new branches

- Amid the darkness of the national recession and rising unemployment, one of the country's biggest banks is lighting a small candle against the growing shadows surrounding Utah's slowing economy. (SL Tribune)

Utah's information technology industry is experiencing growth

- Despite the economic downturn, Utah's information technology industry is experiencing record growth. Dave Butterfield with technology training center New Horizons says the number of people signing up for training has grown 10 percent in 2008. (KCPW)

Utah 5th in analysis of states' health

- Utah is No. 5 in terms of health, thanks in no small part to lower rates of smoking, heart disease and cancer deaths, according to a state-by-state analysis released Wednesday by the United Health Foundation. (Deseret News)

Then & now: Utah resorts keep getting better every year

- How did Utah's 13 ski resorts follow up near-record snowfall and the fourth consecutive record ski season? They got even better. Utah resorts -- all 13 of them -- spent the summer making improvements, ranging from simply grooming trails to installing new lifts. (Deseret News)

ATK gets $26M for space engineering

- Alliant Techsystems (ATK), which has facilities in Northern Utah, announced this week it has been awarded a $26.1 million contract by the U.S. Air Force's Arnold Engineering Development Center for the design, fabrication, installation and testing of the Space Threat Assessment Testbed System. (Herald Journal)