Saint George becomes Utah's economic powerhouse with booming businesses and new developments

This article was created by AI using a video recording of the meeting. It summarizes the key points discussed, but for full details and context, please refer to the video of the full meeting. Link to Full Meeting

St. George is experiencing a remarkable economic boom, solidifying its status as Southern Utah's leading economy. Recent accolades highlight this growth, with the Milken Institute ranking St. George as the second-best performing small city in the United States, driven by a job growth rate of 23.9% from 2018 to 2023 and a staggering 96.8% increase in high-tech GDP. Additionally, WalletHub recognized St. George as the second-best small city for starting a business, showcasing its vibrant entrepreneurial environment.

The city’s thriving local businesses are pivotal to this success, contributing not only to economic growth but also to the community's cultural richness. Local shops and restaurants enhance the city's character, drawing residents and tourists alike while fostering social connections through community events and initiatives.

Several exciting developments are underway to support this growth. River Crossing, located at the intersection of George Washington Boulevard and River Road, has announced 13 new businesses, with several already operational. Meanwhile, the Kmart Shopping Center is undergoing a transformation into St. George Place, which will feature 230,000 square feet of shopping and dining space, with tenants like REI and Hobby Lobby confirmed.

A significant addition to the community is Smith's Marketplace, which has invested $35 million in a new grocery store, creating approximately 200 jobs. The recently completed Amazon fulfillment center is another highlight, bringing innovation and job opportunities to the area.

Wilson Electronics, a long-standing pillar of the local economy, is expanding with a new 90,000 square foot facility, further supporting jobs in various sectors. Tech Ridge is also seeing growth, with the completion of a new staircase and the opening of a container park for temporary office spaces.

As the city prepares to conclude its 15-year partnership with Ironman, which has hosted numerous races, the emergence of the Black Desert Resort is set to attract high-profile golf tournaments, including the LPGA and PGA events. This shift promises to maintain St. George's reputation as a golf destination while continuing to bolster regional tourism.

With record-breaking participation in local golf courses and ongoing community projects, St. George is poised for continued growth and prosperity, ensuring its place as a vibrant hub in Southern Utah.

Converted from St. George State of the City February 11, 2025 meeting on February 04, 2025
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