Key players in the failed talks to bring a major life sciences 'ecosystem' to Draper
Alan Matheson, executive director of Point of the Mountain State Land Authority, signs the agreement for the first phase of redevelopment at The Point in Draper in November 2023.
Along the way, state officials and planners have built a public consensus about what should go up there: a mixed-use, sustainable community erected and operated for maximum benefit to taxpayers, complete with open space, trails and other amenities. A major share of The Point’s housing, according to state law, needs to be accessible to average Utahns.
The ambitious and jet-setting CEO’s current pitch on Xenter — delivered recently to potential investors in Europe and the Middle East — projects revenues of $40 million by 2025 and $1.2 billion by 2030.Eight months after Xenter’s birth, Linder approached Utah officials seeking development rights to a chunk of land at The Point.