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s t a d l e r r a i l c o m m u n i t y r e i n v e s t m e n t a r e a
economic benefits
estimated schedule
DEVELOPER:
LOCATION:
AREA SIZE:
REIMBURSEMENT:
Stadler USA, Inc.
5600 West and Interstate 80
62.75 acres
Up to $9,610,722 in future tax increment over a 20-year period
Rail car manufacturer Stadler Rail maintains 20
locations employing 7,000, with headquarters in
Switzerland and an exclusive U.S. location in Salt Lake
City at 500 West 900 North. Stadler's expansion into a
larger Salt Lake City facility will more than double the
number of employees upon the late-2018 completion of
the project's first construction phase, with an additional
three phases yielding up to 976 total jobs over the next
decade. The average salary of these positions is estimated
to be $55,370, 109% of the Salt Lake County average.
project details
p r o j e c t c o n t a c tJill Wilkerson-Smith
801.535.7243
TAX INCREMENT REIMBURSEMENT
AGREEMENT SUMMARY
R E D E V E L O P M E N T A G E N C Y
O F S A L T L A K E C I T Y
COMMENCEMENT
PHASE 1 COMPLETION
PHASE 2 COMPLETION
PHASE 3 COMPLETION
PHASE 4 COMPLETION
Q1 2018 Q4 2018 Q4 2022 Q4 2025 Q4 2029
up
da
ted
06
/05
/18
