National Provo Towne Centre Brochure | Page 8

DESIRABLE LOCATION Provo Towne Centre is located in the “Silicon Slopes” which encompasses a cluster of information technology, software development, hardware manufacturing and research firms along the Wasatch Front.  This area primarily originates in the Salt Lake City, Utah metropolitan area, but also includes Provo, Utah. “It’s snowing this time of year along the Wasatch Front, a patch of connected cities spreading from Ogden to Provo, that some in Utah refer to as the “Silicon Slopes.” But this part of the Rockies is not just turning out large amounts of fluffy, white stuff, it also seems to be producing a strong herd of unicorns, or start-ups worth at least $1 billion on paper.” – TechCrunch.com, December 2015 “Things are booming in the Beehive state, thanks to low taxes, affordable real estate and available talent from two major schools, the University of Utah in Salt Lake City and BYU in Provo.  According to the National Venture Capital Association, about $800 million was invested in Utah in 2014, putting it in 9th place for most investment in the USA. That is up from $300 million in 2013.” – USA Today, September 19, 2015