MURRAY, UT—Salt Lake City-based Security National Financial Corporation says it will change the skyline of Murray, UT, along the I-15 corridor as it breaks ground for the redevelopment and expansion of its corporate campus at 53rd South.

The anticipated project, encompassing nearly 20 acres of currently owned land in the central valley of Salt Lake City, will impact not only the skyline of the city, but Murray's economy as well. The estimated $300 million campus at full development will include nearly one million square feet in six buildings, ranging from four to 12 stories, and will be serviced by three parking structures with over 4,000 stalls.

Initially, the company plans to build the first building and a parking garage consisting of nearly 200,000 square feet and 800 parking stalls. Additional buildings in the project will be built as the company sees demand for the product in the market. With the growth seen in the Salt Lake City market, the company is optimistic about the absorption of planned development.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.