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‘This place sat vacant’ Zions Bancorporation breaks ground on new technology center; brings jobs, development to Midvale

Posted at 5:46 PM, Aug 19, 2020
and last updated 2020-08-19 19:46:29-04

MIDVALE, Utah — Zions Bancorporation broke ground on a new technology center in Midvale Wednesday alongside political and technology leaders. The 400 thousand square-foot campus is expected to open in mid-2022. The construction of the campus is expected to bring more than 1,500 jobs to the area, and once the center is open about 2,000 people will work on site, according to the news conference.

“My aspiration for this new campus is that it will be a place where creative thoughts will be thought and innovation will flourish,” Harris Simmons, Chairman and CEO, Zions Bancorporation, said.

Silicone Slopes is no longer just in Lehi, Clint Betts, President and CEO, Silicon Slopes said, it’s across the state of Utah.

“I feel like this is the start of silicone slopes north,” he said.

The center is being built on what once the Sharon Steel Mill, an EPA Superfund Site that took years to clean up. Read more here.

It’s taken a lot to get here,

“The EPA has called this the jewel of their reuse of land,” he said. Midvale City Mayor Robert Hale said.

The new center brings more development and economic growth to the city of Midvale, Mayor Hale said.

“This place sat vacant. I mean literally nothing,” he said in approval of the new center.

Technology leaders spoke a lot about future generations in the technology industry and the need for more diversity.

Zions Bancorporation presented a 100-thousand-dollar donation to the Pastor France A. Davis Scholarship Foundation to support students of color pursuing science, technology, engineering or math (STEM) Degrees.

“We believe that education will be the key to bringing about any type of positive change that we’re going to make,” Rev. France A. Davis, retired pastor of Calvary Baptist Church, said.

The campus will be built focused on sustainability, there will also be a park and bike path to help promote the outdoors.

For more information on the new campus focused on sustainability, click here