Why Businesses Choose Phoenix
Our team has assisted hundreds of highly-successful companies in their growth, expansion, or move to Phoenix. Companies want to come to Phoenix because we enjoy some of the best attributes of any location worldwide.
Resources
- The Phoenix area has a talented labor pool fed by over 300,000 current college students. All three Arizona public universities have a presence in Phoenix, nine private academic institutions offering undegraduate and graduate degrees are located in Phoenix, and there are 17 other academic institutions.
- The median age of the population is 33 years old, younger than the national average, and 28 percent of the total population hold a bachelor's degree or higher.
- Phoenix international airport, Sky Harbor Airport, is one of the ten busiest airports in the world for aircraft operations with non-stop flights to every major American city.
- Arizona has an abundant supply of electricity from various sources, including the largest U.S. nuclear plant, dams, coal and gas burning plants as well as wind and solar plants.
- The water supply to Phoenix via canals from local reservoirs and the Colorado River is adequate to meet projected population growth for at least the next 100 years.
Opportunities
- Phoenix is the sixth largest city in the United States with a population of more than 1.5 million residents and an extended metropolitan population of more than 4.4 million residents.
- The cost of living and doing business in Phoenix is lower than in any other major metropolitan area in the United States.
- Phoenix has particularly good opportunities for companies in the aerospace, bioscience, IT, software development, and renewable energy industries.
- Phoenix is the hub of the rapidly growing Southwest, close to the major markets of Los Angeles, San Diego and Las Vegas.
Top 6 Reasons to Locate in Phoenix
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Quality of LifePhoenix has 321 days of sunshine, proximity to skiing, boating, hiking, and a multitude of other outdoor activities. Major professional sports and cultural entertainment venues, affordable housing, and beautiful sunsets and mountains surround Phoenix. |
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Operating CostsBusinesses located in Phoenix enjoy reasonable operating costs because of our low taxes and affordable labor rates. |
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Proximity to MarketsPhoenix has easy access to western states, highways and ports in California and Mexico and one of the ten busiest airports in the U.S. |
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WorkforceImmediate access to a large, diverse, young, and educated workforce, with an average age of 32. |
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Real EstateAvailability of low-cost, quality industrial and commercial real estate |
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Business-Friendly ServiceQuality service from City staff dedicated to ensuring the success of your project |
