Business Facilities magazine calls Phoenix “City of the Future”

[Source: Jenny Vickers, Business Facilities] — Strategically positioned in the Southwest, the Greater Phoenix area is one of 10 U.S. markets projected to experience 85% of the nation’s growth over the next 35 years.  Greater Phoenix, which consists of the City of Phoenix, much of the rest of Maricopa County, a large section of Pinal County, and small parts of southern Yavapai County, currently is the 13th largest area in the United States, with an estimated population of four million.  The City of Phoenix is the largest state capital in the U.S. in terms of population and is the only state capital with a population of more than one million.

With a labor force of over two million people, Greater Phoenix is known as a business and innovation hub with international access for aerospace, high-tech, bioscience, advanced business, and sustainable technologies companies.  Currently, over 20 major Fortune 500/1000 companies are located in Phoenix, such as Allied Waste, AT&T Inc., Bank of America, Boeing, Google, Morgan Stanley, and Wells Fargo.  Honeywell’s Aerospace division is headquartered in Phoenix, and the valley hosts many of its avionics and mechanical facilities.  Intel has one of its largest sites in the city, employing about 10,000 employees.  Businesses are easily connected to the region, nation and the world with two major airports — Sky Harbor International Airport and Williams Gateway Airport — and a new light-rail system being launched in December 2008.  [Note: To read the full article, click here.]

Posted on October 27, 2008, in Downtown Vitality, Employment, Finances, Governance, Office Space, Parks & Open Space, Shopping, Transportation, Visioning and Planning and tagged , , , , , , , , , , , , , , , , . Bookmark the permalink. Leave a comment.

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