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Utah leaders sign off on ‘sweet deal,’ approve spending $56M to buy American Express buildings for state offices

Utah legislative leaders voted after just a few minutes of discussion to spend $56 million to buy and renovate the American Express buildings and property at 4315 S. 2700 West for use as a new state office complex that will eventually house some 1,500 employees.

The Executive Appropriations Committee moved quickly to unanimously endorse the purchase after Jim Russell, director of the state’s Division of Facilities Construction and Management, told members that they had to act fast to meet a due diligence deadline Wednesday.

“This is one sweet deal,” gushed Sen. Karen Mayne, a West Valley City Democrat whose district encompasses the Taylorsville property.