Utah is betting that the 2034 Winter Olympics can do more than bring the world to Salt Lake City. It wants the Games to jumpstart a lasting economic transformation.
Local governments and agencies issued more than $4 billion of municipal bonds this year, fueling a surge of development across Salt Lake City, nearby ski resorts and the booming tech corridor to the south. Those debt issuances mark a 140% increase compared what Utah-based borrowers sold during the same period last year, according to data compiled by Bloomberg.
While several of the sales are framed as Olympic preparation, the projects are ...