LivAway Suites has broken ground on a new hotel development in Draper, Utah, about 20 minutes south of Salt Lake City International Airport. Recently named "America's hottest job market" by The Wall Street Journal, the Salt Lake City metro area becomes LivAway Suites' first multi-hotel market.
"The Salt Lake City and Provo-Orem metropolitan areas have experienced tremendous growth and job creation over the past decade. Yet the supply of sensibly priced, modern extended-stay accommodations has not kept pace," LivAway Suites CEO Mike Nielson said in a statement. "We currently have six other sites under control in the greater Salt Lake City MSA and plan to break ground on a third Utah location this coming summer."
The new LivAway Suites hotel will have convenient access to Bangerter Highway and I-15. The site is also located adjacent to the Point, a multibillion-dollar mixed-use redevelopment, and sits just minutes from Utah's tech sector, Silicon Slopes. In anticipation of the projected population and job growth over the coming years, LivAway Suites' expansion intends to meet the needs of Utah's rapidly increasing workforce. The new Draper hotel will have access to the Front Runner train and TRAX stations and nearby health care facilities, including Lone Peak Hospital and Riverton Hospital.
LivAway Suites has aggressively expanded nationally with seven groundbreakings over the last 11 months and has plans to break ground on 10 more locations nationally.