Real estate expert with extensive experience in multibillion dollar projects to lead development efforts
The Point of the Mountain State Land Authority announced today that it has hired a Director of Operations to oversee development efforts at The Point. Scott Cuthbertson, an expert in real estate investment and development, has been named to the newly created position.
For 15 years, Cuthbertson has worked extensively with multinational developers, institutional investors and public sector clients on major development projects around the world. Cuthbertson is founder of Sterling Capital Partners, a boutique real estate advisory, investment and development firm headquartered in Salt Lake City.
Prior to starting Sterling Capital Partners, he was a director at PricewaterhouseCoopers and a senior consultant at Booz Alan Hamilton. In these capacities, he advised clients on the development of complex, multibillion dollar infrastructure projects in North and South America, the Middle East and Europe.
“The Point will be a model for innovative, sustainable development that offers significant economic opportunity to Utahns,” said Cuthbertson. “I believe my background with large-scale global development projects around the world has prepared me well for this exciting new opportunity.”
As director of operations for The Point, Cuthbertson will oversee day-to-day work. He will develop and execute detailed operational strategies to ensure all aspects of The Point are planned and implemented successfully. He will manage administrative and reporting procedures, improve operational efficiencies, oversee stakeholder outreach, collaborate with public and private sector partners and much more.
“After an exhaustive national search that included over 130 applicants, Scott quickly rose to the top of the list,” said The Point Executive Director Alan Matheson. “Scott is the whole package. He is a highly qualified real estate expert with a demonstrated commitment to integrity and transparency. We share those values at The Point and know he will be a great fit.”
Scott holds a bachelor’s degree from Brigham Young University, a master’s degree in real estate development and finance from Georgetown University. He also holds a master’s degree from the University of Oxford’s Saïd Business School where his research focused on large-scale smart city development programs. For more information on Scott Cuthbertson and his new role at The Point, visit thepointutah.org/about/staff.
Utahns have a once-in-a-lifetime opportunity to develop the 600 acres of state-owned property called “The Point” in a way that is economically robust and environmentally sustainable. Widely recognized as one of the most important economic development opportunities in Utah history, The Point is well served by vital infrastructure and centrally located at the heart of Utah’s fast-growing technology industry. The site offers unprecedented potential to create an innovation hub that catalyzes technological advancement, fosters mixed-use urban areas, and preserves parks and open space. The Point’s natural assets provide an opportunity for the site to develop in an environmentally friendly way that enhances Utahns’ quality of life.
The Point of the Mountain State Land Authority was established by the Utah State Legislature in 2018. It is an 11-member board composed of state legislators and agency executives, local elected officials and business leaders with a mandate to plan, manage and implement development at The Point.