Months after first discussing whether southern Salt Lake County could be home to large concert crowds, a state board has made the prospect official.
Earlier this week, the Point of the Mountain State Land Authority (POMSLA) Board voted to approve a proposal to allow an outdoor entertainment venue of up to 40,000 people, according to a news release from The Point. The outdoor venue could host music festivals, concerts and other large events on a 39.4 acre parcel within The Point, the state’s sweeping redevelopment effort at the old Utah State Prison site in Draper.
The venue could be used as early as next year, as members of the POMSLA board agreed to a 10-year lease with Blackwall Ventures, a Salt Lake City-based entertainment and development company that has experience with large festivals. Blackwall will pay roughly $4.46 million over the lease term for rent, the news release says. Parking is estimated to generate around $3 million in revenue…