Phoenix Business Journal (Hayley Ringle): If you didn’t already know it, downtown Phoenix is hot — not only for its deluge of 4,477 housing units planned, under construction or built and new restaurants opening almost daily, but the number of tech companies relocating to the central city core.
The downtown area has seen a 318 percent increase in tech companies since 2012, has been ranked third for high-tech job growth and fourth for the best metro area for young professionals, said Shannon Selby, the economic development program manager for the city of Phoenix.
While the U.S. economy rose 1.5 percent in 2016, that number was 2.6 percent in Phoenix metro as the city was ninth among the top 25 metro areas, Selby said.
Read more: https://www.bizjournals.com/phoenix/news/2018/01/16/downtown-phoenix-has-seen-318-percent-increase-in.htmlPhoto caption: Silicon Desert panel for the Commercial Real Estate Women Arizona luncheon Jan. 16 at the Phoenix Country Club, discussing how the city was leading the way for the tech sector for the Arizona Commercial Real Estate Women organization, included (inset) Shannon Selby, program manager, Phoenix Community & Economic Development; (l-r) Ryan Bartos, executive vice president of JLL; Co-Hoots founder Jenny Poon; Diana Vowels, general manager of the Phoenix Galvanize campus; Brenda Schmidt, the founder and CEO of Solera Health Inc.; and John Hamby, manager of community engagement at Uber.
Photo credit: Phoenix Business Journal (Hayley Ringle)
