Stuart Johnson, KSL File Photo Report shows 2 Utah cities among top-ranking metros in US
Monday, February 12, 2018
SALT LAKE CITY — Two of Utah's largest cities have been pegged among the top-rated metro areas in the nation, a new report stated. According to the Milken Institute index of best-performing cities, Provo-Orem was ranked No. 1 in 2017, with Salt Lake City at No. 10.
The report stated that Provo-Orem has become "a technology hotbed," over the five-year period from 2011 to 2016 when the area added 5,500 new jobs. The burgeoning tech hub, which last ranked No. 1 in 2008, is anchored by Adobe’s 1,200-person digital marketing unit and will soon include a new $90 million facility and add almost 1,300 employees to the company's existing campus.
“Adobe has had a presence in Utah since 2009," said Jonathan Francom, vice president of employee and workspace solutions. "We’ve enjoyed being part of the vibrant community and growth of the region and are excited to see the growth and success continue, including our own expansion.”
The report noted that Brigham Young University provides a major pipeline of workers and startups in the region. The school has produced numerous tech enterprises, including software firm Qualtrics, currently valued at approximately $2.5 billion.