Salt Lake City, UT

The construction market in Salt Lake City – although not as active as in prior years – is expected to grow steadily throughout the next few years.

The city has a strong economy and is one of a handful of places that is positioning itself to capture tech companies looking to escape the rising costs in Silicon Valley. Unlike cities further east like Nashville or Houston, Salt Lake City is sandwiched between the eponymous Great Salt Lake on one side and the Wasatch Mountains on the other. This limits available land and pushes costs up as the city expands. Still, people move here in droves and the residential market makes up more than half of all construction. We expect this to continue.

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* Other structures include religious buildings, amusement, government communications, and public recreation projects.
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