Work begins on final office building at Lehi’s tech hub
Lehi • The last piece of a major office development and technology hub in northern Utah County has begun to take shape.
Officials broke ground Wednesday on the sixth and final building in Thanksgiving Park, a cluster of top-quality, energy efficient and uniquely styled office buildings north of Thanksgiving Point in Lehi. The new five-story structure is expected to be completed by summer 2015.
This latest building adds 145,000 square feet of office space at Thanksgiving Park, for a total of 850,000 square feet — much of it occupied by technology companies ranging from startups to software giant Microsoft. The park, launched in fall 2008 by a private partnership of developers and brokers, is seen as a major component in the concentration of tech firms stretching from northern Utah County into southern Salt Lake County, dubbed Utah's Silicon Valley.
And Thanksgiving Park 6 already has its anchor tenant: MoneyDesktop, a provider of Web and mobile-delivered personal financial-management tools for banks and credit unions. Online sales and shipping-services provider Doba will take up offices there as well.
MoneyDesktop CEO Ryan Caldwell said the 4-year-old company's decision to move from Provo to new headquarters in Thanksgiving Park has been propelled by triple-digit growth in recent years.
"Our patience paid off," Caldwell said in a news release, "and the ideal place for our company, especially our employees, finally presented itself."
Caldwell said key attractions of the new building, located just west of Interstate 15's intersection with Timpanogos Highway, included its floor-to-ceiling glass windows, panoramic views and easy access to mass transit, as well as an open, modern floor plan.
"This new space,'' he said, "is being built to foster collaboration and creativity."