Local leaders optimistic amid Charlotte’s latest jobs ranking

Local leaders optimistic amid Charlotte’s latest jobs ranking

By: Felipe Rivas

2 min read January 2020   — The Queen City closed out the decade as one of the hottest markets in the nation, especially in the southeast. Millennials, Fortune 500 companies, and even a new soccer team want to be fully established in Charlotte and tap into its growth. And while the region offers a robust, tech- and financial services-savvy workforce, and is steadily diversifying its economy, a new report puts Charlotte in the middle of the pack for best cities for jobs in 2020. However, local market leaders across industries say job opportunities will remain sustainable for 2020, especially in the technology, law, and real estate sectors.

 

A new report by WalletHub puts Charlotte at No. 104 on its ranking of “2020’s Best Cities for Jobs.” The personal finance website compared more than 180 U.S. cities across 31 indicators of job-market strength, such as employment growth and monthly average starting salary. Scottsdale, Arizona, took the top spot, and Detroit, Michigan, came in last at No. 182. Other major North Carolina metros received mixed reviews, with Raleigh cracking the Top 50 at No. 48, and Fayetteville listed before Detroit at No. 181. Though the report listed Charlotte as middle of the pack for jobs compared to other cities, the technology, law and real estate sectors will continue to provide opportunities for the region’s workforce, local leaders say.  

 

Charlotte is quickly becoming a tech town, as evidenced by the different tech-based companies that relocated to the region in the latter half of the last decade. “In the Charlotte market, the technology talent pool is growing at a rapid pace, largely driven by companies like Red Ventures, LendingTree, and AvidXchange,” JLL Market Director Chase Monroe told Invest: Charlotte. “There has been a need for high-tech talent. Locally, there has been investment in the school system to drive technological education.” Charlotte’s banking legacy, coupled with the fintech that is coming out of the banking system, is also fueling the technology sector and driving talent to the Queen City, Monroe said. “Those factors have allowed Charlotte to be a top recruiter for multiple tech-based opportunities across industries. Recruiting and retention of talent has been a huge factor in the Charlotte Metro Area.” 

 

Similarly, the legal sector has evolved with the growth of the city and has a positive outlook heading into the new decade. “I don’t see anything but good things for the legal profession here,” Poyner Spruill Partner Tate Ogburn told Invest: Charlotte. “Charlotte has grown for the two decades that I have lived here, and I don’t see that dramatically changing.” The legal needs of companies evolve with the economic diversification and growth of the region, which creates opportunities for legal professionals, he said. “It is still a place where people want to be and there are more opportunities with new and more sophisticated companies coming in for the legal sector to continue growing. There are a lot of opportunities in terms of new clients and people, and different types of work as well,” Ogburn said. 

 

Real estate and development provide investor confidence and opportunities for the workforce as Charlotte continues to grow. “I’ve been at this for 40 years and the real estate market in Charlotte is the strongest, most robust I’ve ever seen,” Northwood CEO Ned Curran told Invest: Charlotte. He highlighted the growth of the residential, industrial and commercial sectors. “Residential leads the way. It has not slowed like in other cities. Distribution and manufacturing continue to grow, and we have a unique distribution hub of state highways and rail networks associated with the airport. The office sector has trailed a little, but in recent years it has been catching up, which is a reflection of job growth,” he said. Curran expects the growth to continue during an election year and beyond while expressing confidence in the region and its economic diversification, which will allow the region to be better prepared in the event of an economic downturn, he said. “We will continue to grow across all sectors. We continue to diversify our economy, which only gives us greater strength. When there is a downturn in the economy, not everybody suffers. Some have disadvantages, some have advantages, but we are all components of an economic system and with our great diversity, we will be able to weather it better.”

 

To learn more about our interviewees, visit: 

https://wallethub.com/edu/best-cities-for-jobs/2173/#methodology

https://www.us.jll.com/en/locations/southeast/carolinas

https://www.poynerspruill.com/

https://www.northwoodoffice.com/

 

Spotlight On: Scott Lyons, Business Unit Leader, SE Region DPR Construction

Spotlight On: Scott Lyons, Business Unit Leader, SE Region DPR Construction

By: Yolanda Rivas

2 min read January 2020— DPR Construction is leading the charge in delivering large construction projects faster and with better quality by employing prefabrication solutions and utilizing their own self-perform crews to put the work in place. Central Florida Business Unit Leader Scott Lyons discusses the prospects for the construction industry in Central Florida.

What has been the impact of DPR moving into Downtown Orlando and what opportunities are you finding there that promoted the move?

 

We moved Downtown in October 2018, which helped us combine two existing DPR Orlando offices into one. There is a great vibe Downtown, and many of our business partners and clients are now our next-door neighbors. This has been a path to strengthening our connections to the local business community with close proximity for lunch meetings or spending time with people in-person. Our new space was designed to host large groups, with a large training room and 10 conference rooms.

 

Our Orlando office is one of the largest for DPR, in terms of square footage, which provides us with the unique ability to host meetings for our national and regional teammates. Providing our visitors with walking-distance access to some of the city’s best restaurants and venues means they get the very best of what Orlando has to offer and DPR gets to contribute to the economic success of our Downtown district. We just fell in love with the Downtown vibe, it is where the energy is.

 

What are the most relevant projects DPR is working on in the region? 

 

We are finishing the KPMG Learning & Innovation facility, which will be completed by the end of 2019. It is the largest project being built by DPR in the Southeast this year. KPMG performed a lot of due diligence in choosing Orlando and the Lake Nona area and it has been one of the more rewarding, incredibly designed and fastest projects for us in a long time. Mega projects are historically tough to execute on time and on budget in the Central Florida area since finding enough skilled craftsmen to build these projects can be a challenge. However, our collaborative approach with the client and the design team plus integrating a lot of prefabricated components into the design has allowed the project to be built at a very good pace. This was truly a collaborative effort and success on behalf of our entire team, including the designer and our owner. KPMG is a huge regional project and a huge win for the city.

 

What are the clearest trends in construction in the Orlando area in recent years? 

 

At DPR, we are very passionate about driving forward the concept of prefabrication in our construction projects. There are multiple reasons for this. There is a shortage of skilled construction workers, so prefabrication decreases the demand for workers onsite and when you prefabricate components they are usually of a higher quality and safer generally, resulting in a better product for the client. For the KPMG project, we prefabricated 800-bathroom pods. We built them in a factory here in Orlando, called SurePods, and the quality was beyond anything we could get building them in place. It changed the dynamic of how the project was executed, resulting in a faster speed-to-market with fewer people needed on the project. Prefabrication is the way of the future for construction and DPR is well-positioned to lead this trend.

 

What other advanced technologies are you employing in your work? 

 

We are believers in technology where we can find a great use for it, and where it adds immediate value. We beta test a lot of ideas and technology, apps and software, and generally settle quickly on things that help the client or our people. One is laser scanning. We use it before rebuilding a client’s existing space, like a corporate office, to create a digital model that captures the exact reality of the designed space.

 

We are also working in partnership with Reigl to utilize LiDAR technology and bring some of their technology into the vertical construction market. It is a drone-borne scanning technology that flies over an existing site, scans it and provides the contours of the land, so you can see elevation changes and other useful data. A civil engineer can take that data to minimize how much dirt is moved around, for example. This type of real-world use of technology on our projects keeps us nimble. We are innovating in ways that not only change the landscape for the construction industry, they are helping our client successfully expand their products into new markets. 

 

What kinds of projects are in greatest demand in the Orlando area? 

 

The attractions companies have very robust plans for the next few years and we also see healthcare companies continuing to invest in their existing and new facilities. We also believe that advanced manufacturing will play an increased role in the Orlando economy as well, so we’re also keeping close tabs on those upcoming projects.

 

 

To learn more about our interviewee, visit:

DPR Construction: https://www.dpr.com/ 

Spotlight On: Andrew Burnett, Senior Principal, Stantec

Spotlight On: Andrew Burnett, Senior Principal, Stantec

By: Max Crampton-Thomas

2 min read January 2020 — The Broward County Convention Center and Hotel is one of the largest projects underway in Broward County. A project of this magnitude requires the utmost care in regards to design and architecture, as well as the foresight to plan for future environmental challenges. Invest: spoke with Andrew Burnett, the senior principal for Stantec, which is working on the Convention Center project. Burnett addressed the company’s ongoing projects, how shifting demands have changed its focus and the National Flood Insurance Program. 

 

What are some of your most significant projects in development within Broward County? 

 

We have multiple projects throughout Broward County, including the Fort Lauderdale region, Pompano Beach, Sunrise and Miramar. For instance, we are the architect of record and landscape architect for the Broward County Convention Center and Hotel, which is around a $1 billion project. This is an extremely large and involved project requiring integrated services from Stantec that also has many resilient aspects being built into it that we hope to use as a model for future growth and development throughout the county. As we are expanding the convention center and building the new hotel, we have done a series of wave-height analyses. These are not just focused on the floodplain and how high we need to build the building to stay out of the floodplain, they also address storm surges and how to design the building to be more resilient in those situations. It has been great to have the county’s support on these matters. Our other projects in Broward County include the new AC Hotel by Marriott in Sawgrass Mills, Manor Miramar, Las Olas Walk and 1380 South Ocean Boulevard. 

 

How have you seen demand shift in the last couple of years and how are you adapting to this shift? 

 

Historically, we would see the demand for smaller residential units in the Downtown urban core because of the density of the population. As we moved away from the urban areas, the units were constructed bigger to attract more people, but now we are starting to see smaller units becoming attractive away from the urban centers. This indicates that people are looking for alternative solutions that are more affordable. It may also be partially due to having more flexibility and adaptability in the way that we live and the way that we engage the community as Broward becomes more connected and dense. We foresee more of these deals for smaller units outside of the main urban areas making sense for investors. 

 

We are seeing more residential projects that want to permit themselves as or like a hotel. There is some gray area with the rise of services like Airbnb and WhyHotel that can allow owners to operate as a short-term rental while they’re leasing up their building. Owners and investors are starting to take advantage of this. This is shifting how we design our projects. For instance, if we need to design for things like ADA bathrooms, which you would find in a hotel, we are starting to look at an earlier stage how we might design the spaces to be more flexible to do this.

 

How have you seen Opportunity Zone legislation affect your business? 

 

We have seen an increase in requests for test fits on properties that fall in Opportunity Zones. The market is starting to ask questions on sites and locations that they hadn’t previously. There are a lot of regulations that are being finalized and released in the near future that are going to help increase investor confidence to go forward in these Opportunity Zones, but it may be too early to see the fruit of the test fits in these sites. We are expecting to see more of this in 2020. 

 

How much of a focus do you place on possible future changes to the National Flood Insurance Program? 

 

We are looking more broadly at what is happening with the National Flood Insurance Program and what may happen in the future in terms of how we go about flood insurance regarding how much of it is subsidized by taxpayers. At some point, taxpayers are going to say that they do not want to be subsidizing flood insurance for landowners who may not be doing enough to protect their buildings. As risk starts to shift from insurance entities to owners, they are going to be asked what they are doing to make their building more resilient. What we are trying to do with our integrated team is to find solutions to this so we can go back to our clients and suggest to them what they need to do to mitigate this risk. 

 

For more on our interviewee visit:

 

https://www.stantec.com/en

Spotlight On: Joseph Culley, Head of Capital Markets Group, Janney Montgomery Scott LLC

Spotlight On: Joseph Culley, Head of Capital Markets Group, Janney Montgomery Scott LLC

By: Yolanda Rivas

2 min read January 2020 — An increase in high-net-worth investors, financial professionals moving back to the city and changes to organizational structures are some of the trends financial institutions are experiencing in Philadelphia. Janney Montgomery Scott LLC Head of Capital Markets Group Joseph Culley shared with Invest: some of the adjustments it has implemented amid the change in demographics and advances in technology.

What are some trends in Philadelphia’s financial sector?

 

We are starting to see more finance professionals leave cities like New York when they are at the age to start a family and coming back to Philadelphia. Although young talent retention has been a challenge, Philadelphians who moved to other cities after they graduated college are relocating back to the area. Our education system, arts and culture, transportation system, housing affordability and diverse environment are some of the drivers for residents.

 

What impact is technology having on banking?

 

The pace of change is happening more rapidly due to the disruption of technology in financial services. We have invested significantly in our technology platform and recently hired some of our first data scientists. Our company culture is starting to feel less like an investment firm and more like a technology firm. While we provide our client base with human experience and advice beyond investments, we are focusing on offering them more technological, mobile-friendly and artificial intelligence types of innovations and solutions.

 

What is the investment profile in Philadelphia?

 

We have seen an increase in high-net-worth investors coming to Philadelphia. We have significantly addressed the need we had for higher-end, condo-type properties that we lacked for years, and with that has come more international investment and out of state investment. One of our newer initiatives is focused on investment education and ways to provide more basic, fundamental knowledge about saving for retirement and investing.

 

What are some of the challenges facing financial institutions in today’s landscape?

 

The change in demographics is one of the challenges we are facing. Based on our internal projections, our workforce will be majority millennials within six years. That creates numerous opportunities for a firm like us to modernize and adjust. We recently made changes to our employee benefits, parental leave and dress code policies, based on feedback from our employee population. Organizational development and diversity and inclusion are some of the other areas we have been investing in due to these demographic and generational changes.

 

To learn more about our interviewee, visit:

Janney Montgomery Scott LLC: https://www.janney.com/ 

 

Healthcare in Philadelphia Going from Strength to Strength

Healthcare in Philadelphia Going from Strength to Strength

By: Sara Warden

2 min read January 2020 — Innovation in Philadelphia’s healthcare industry has long been recognized as exemplary, and it served as a focal point of Philly’s B.PHL Innovation Fest held in September. Recent developments show that healthcare pioneers were right to bet on Philadelphia.

It’s only a week in and already 2020 has been a big year for healthcare in Philadelphia. Healthcare software company Repisodic announced this week it has raised $1.75 million from a private stock sale led by VC company American Enterprise Ventures. Repisodic was nominated among just 17 early-stage companies that received a total of $3 million in pre-seed funding from Ben Franklin Technology Partners of Southeastern Pennsylvania in 2018.

The technology produced by the company is based on patient discharge care and was catalyzed by the “discharge planning rule” enacted by the Centers for Medicare and Medicaid Services (CMS) in November, which mandated that patients “be in the driver’s seat, playing an active role in their care transitions to ensure seamless coordination of care,” according to CMS Administrator Seema Verma.

Repisodic allows patients to access a list of post-acute care providers in a seamless and easy way, with search functions tailored to the patient’s specific medical records and requirements. “The sheet of paper (given to post-acute care patients by hospitals on discharge) may have names and addresses and phone numbers, but not a whole lot of other information,” Mike Cwalinski, the company’s co-founder and CEO, said to Philadelphia Business Journal. “We help patients make better and faster decisions at the time of discharge.”

Elsewhere, Philly-based gene therapy company Spirovant Sciences was last week acquired by Japanese pharma company Sumitomo Dainippon Pharma in a $3 billion transaction. “(Sumitomo) is incredibly committed to Spirovant and to gene therapy, particularly the work going on here in the Philadelphia area,” said Joan Lau, Spirovant’s CEO, in an interview with Philadelphia Business Journal. “They will be spending time here to get to know the area more intimately.”

Spirovant’s gene therapies aim to repair mutations that come as a side-effect from cystic fibrosis and cause difficulties with breathing. Earlier in the year Spirovant had been acquired by New York-based Roivant, which sold its ownership stake in five companies – one of which was Spirovant – to Sumitomo. “I think it’s a testament to our underlying technology from the University of Iowa and CHOP,” said Lau when asked about being acquired twice in one year. “We’ve been able to show strong preclinical data.”

 

To learn more, visit:

https://www.repisodic.com/

https://benfranklin.org/

https://www.cms.gov/

https://spirovant.com/

https://www.ds-pharma.com/

https://bphlfest.com/

https://www.americanenterprise.com/aeventures

 

Miami Beach Welcomes Two New Hotel Developments to Usher in 2020

Miami Beach Welcomes Two New Hotel Developments to Usher in 2020

By: Sara Warden

2 min read January 2020 — Miami Beach’s hospitality industry entered 2020 with a bang, with two high-profile hotel openings. Both the Greystone development and the Hampton Inn at The Continental are refurbished versions of the Art Deco and Miami Modernist styles of the 1930s and 1940s, combined with a cool beachy chic that is synonymous with Miami Beach.

 

The Hampton Inn at the Continental was acquired by the Hampton by Hilton brand, which subsequently invested $25 million to give the hotel an overhaul to make it not only align with the brand but also to maintain the historic relevance of the building. 

“As renovation experts, we’re proud to present this completed project alongside Pebb Capital,” said Alan Waserstein, principal with LeaseFlorida, in a press release. “The historic component of this hotel, coupled with the Hampton by Hilton brand will make it a mainstay in Miami Beach’s hospitality scene.”

As well as the 100-room hotel, the development has embraced the multiuse concept that makes or breaks hotel chains. The ground floor will become the Piola restaurant, and future updates will incorporate a parking garage and retail space, according to the developers. 

This strategy has also been adopted by the Greystone Hotel in Miami Beach, which was opened for reservations this month. Conscious of the need to offer a more unique experience, the hotel is adult-only and eco-friendly, and offers a rooftop pool, mixology lounge and courtyard café. And although human babies may not be allowed, patrons should feel free to bring their furry four-legged babies (up to a maximum weight of 25lbs). 

There are 91 renovated guest rooms for most tastes and budgets with private decks and hot tubs (the Hot Tub Terrace Suites come in at over $600 per night). You can also interact with hotel facilities through your smartphone, including locking and unlocking the door, ordering room service and contacting the concierge through the hotel’s bespoke app. The Golden Gator basement speakeasy completes the lineup in a nod to the hotel’s 1930s roots. 

Vos Hospitality is the developer behind the $70 million renovation, which partnered with private investment group the B Group in 2018 to purchase the adjacent building on 20th Street, giving the development an impressive total 54,000-square-footprint.

“We will bring in an alternative to the area’s club scene,” said Vos hospitality owner James Vosotas to the Miami New Times. “We are catering to young-minded professionals with a nontraditional luxury of high-quality without the white glove. Everything has been upgraded cohesively so that locals and guests will have plenty to explore within the property.”

 

To learn more, visit:

https://www.greystonemiamibeach.com/

https://www.hilton.com/en/hotels/miacahx-hampton-miami-beach-mid-beach/

http://www.voshospitality.com/

https://leaseflorida.com/

 

Spotlight On: Judy Wishnek, Commercial Market Executive, Truliant Federal Credit Union

Spotlight On: Judy Wishnek, Commercial Market Executive, Truliant Federal Credit Union

By: Felipe Rivas

2 min read January 2020Credit unions are growing at a fast pace across the country and in some cases rivaling banks, with their focus on long-term relationships with their members. North Carolina’s Truliant Federal Credit Union Commercial Market Executive Judy Wishnek says the credit union is well-capitalized and plans to continue to broaden its technology offerings to help it expand in the vibrant Charlotte commercial lending market. 

What is the state of business for banks and credit unions in the middle of the Charlotte boom?

 

Charlotte’s banking and credit unions have all had a great deal of growth, with a lot of people moving to the city. In the banking sector, many new names have entered the market, and credit unions specifically have had impressive growth. All credit unions combined now have about 115 million members nationwide. Truliant, specifically, has over 250,000 members. A recent article in the Wall Street Journal said that credit unions are now going toe to toe with other financial institutions, adding that credit unions’ asset growth is outpacing that of banks, and our industry is very well-capitalized. In Charlotte, Truliant has added nine locations in the last five years, to a total of 12 in the city. In the last year, we also added a commercial lending office.

 

What are the benefits of joining a credit union instead of putting yourself in the hands of a bank?

 

Credit unions are about deeper financial relationships. It is a very personalized type of service with high emphasis on guidance and helping members make the right decisions. We are not focused on the bottom line, because we are a not for profit. It is not a short-term strategy but a long-term strategy of working with our members to help improve their lives and their decision-making. In commercial lending, we have the opportunity to start telling our story and letting people know that we are a great source of financing for commercial real estate.

 

People are looking for lots of options and the ability to make decisions. It is nice that in Charlotte they can work with a credit union that is focused on really understanding their needs and helping them. We are investing in locations close to them, but we are also investing in technology so they have the option of having their financial needs met online or in person.

 

How is technology, such as the eClosings system for mortgages and credit, helping your clients and shaping your business?

 

Offering these efficient loan closings saves people time and money, and it can be done anywhere. There is less chance for error in their filings, and it is more secure, allowing the records to be recorded instantly. It also reduces paperwork, legal fees, mailing and courier costs. We are just excited to be a leader in that space. I think that this is going to be something that is going to spread throughout the country, and North Carolina and Truliant were innovators in getting this to work first.

 

Additionally, we have added a chief digital officer, a digital marketing director, a vice president of digital innovation and a vice president of IT infrastructure. Hiring these specialists has enhanced optimization and automation to ensure we stay on top.

 

What are Truliant’s expansion plans in the region? What is your relationship with the local business community?

 

We continue to look for additional locations, and I think we will continue to find areas to add brick and mortar offices in the Charlotte area. But I think we will continue to add people digitally, because it is very easy to grow our online services.

 

All the folks in the commercial lending office have been here for a very long time and are very involved with the business community. We sit on a number of boards, and we are involved with different organizations. It really is about relationships, and that helps Charlotte work.

 

To learn more about our interviewee, visit: https://www.truliantfcu.org/

 

Survey highlights Camden’s economic progress

Survey highlights Camden’s economic progress

By: Yolanda Rivas

2 min read January 2020 — What once was the poorest city in the nation is now showing significant advances as a result of its renaissance efforts. Camden City is showing positive trends in key economic areas, according to a recent survey from the U.S. Census Bureau,  using data derived from the American Community Survey (ACS).   

 

The survey data showed significant improvements in areas such as poverty, educational attainment, employment and unemployment. 

“Change doesn’t happen overnight, but in findings like these we are seeing the very real snowballing effect of progressive policies put into place to better the lives of residents in the City,” said Freeholder Director Louis Cappelli, Jr in a press release.

The surge in educational attainment among 18-24-year olds is one of the significant trends Camden has seen during the last decade. The most recent estimate shows the population achieving high school or higher levels of education is now at 83.3 percent. From 2006 to 2010, approximately 68 percent of young adults in the city had graduated high school, earned their G.E.D., attended some college, or received an associate’s, bachelor’s or advanced degree. 

“Ensuring all of our students and families are attaining a quality education and gaining access to advanced educational opportunities is our objective. This report underscores the progress being made in the classroom and throughout our district,” Superintendent Katrina McCombs said in a press release.

The survey also showed that the number of residents employed has increased by more than 2,500 and the number of unemployed residents dropped from over 7,700 to less than 3,900.  According to city data, the unemployment rate over the five years ending in 2018 was 12.6%, which represents a big decline from the 24.4 percent reported from 2009 to 2013.   

Camden’s “eds and meds” sector, which employs almost 40% of the Camden workforce, has also been key to the city’s revitalization. Over $1 billion has been invested in the “eds and meds” sector, with an additional $175 million planned. Camden is home to five eds and meds institutions, leading research and innovative efforts throughout the region and the national and international community. 

To support local businesses and residents, workforce initiatives like private initiative Camden Works, launched in 2019, have been forged to ensure Camden continues its growth path. The employment training and placement program is designed to leverage resources from local entities to provide training, education and placement.

“Unparalleled collaboration and a holistic approach to revitalization is resulting in real progress in Camden,” said Camden Mayor Francisco Moran in a press release. “The data indicates that Camden is making substantial gains as it relates to reducing poverty, improving academic outcomes and increasing employment prospects. This kind of sustained progress has not been witnessed in decades.  These are all positive signs for our residents and indicators that the quality of life continues to improve.” 

The ACS produces estimates of selected population characteristics for one- and five-year periods. Five-year estimates include data aggregated over a 60-month period and attempt to show the characteristics of the city over that entire stretch.  

To learn more, visit:

https://data.census.gov 

 

Georgia Wraps Up Decade as Top State for business

Georgia Wraps Up Decade as Top State for business

By: Felipe Rivas

2 min read January 2020Development and growth in Atlanta remain strong as the decade comes to an end, and the economic activity and favorable business climate characteristic of Atlanta looks just as peachy for the entire state of Georgia. In November, Georgia was recognized by Site Selection Magazine as the top state for business for a record-breaking seventh year in a row. Similarly, Area Development Magazine also named Georgia as the top state for business for the sixth-consecutive year. 

Georgia Gov. Brian Kemp said continuing to foster a thriving business climate has been a major part of his vision for the state since assuming office in January 2019. “From Day One of my administration, we have been laser-focused on creating opportunities for hardworking Georgians in every corner of the state,” Kemp  announced at the Georgia Cyber Center in Augusta, Georgia in November . “Our efforts to cut burdensome regulations, continue developing a world-class workforce, and market all regions of the Peach State through the formation of a Rural Strike Team have not gone unnoticed, and this announcement affirms that.” 

 

The state’s workforce training program, Georgia Quick Start, was also recognized as one of the best in the nation. The state reported around 29,000 new jobs were created for fiscal year 2019. According to the Atlanta Regional Commission, 2.5 million residents are expected to move to the region by the year 2040, bringing the total population to 8 million. 

 

Heading into the new decade, technology will be a key area of growth for the region and state. The Metro Atlanta Chamber identified bioscience, financial technology, supply chain and Internet of Things as economic segments poised for growth. Additionally, Georgia’s logistics hub legacy is one of the state’s main competitive advantages. Logistics hubs like the Port of Savannah and Hartsfield-Jackson Atlanta International Airport connect businesses to their customers with ease. The workforce training programs, and logistic hubs, coupled with the state’s pro-business policies make Georgia a frontrunner for companies looking to relocate. 

“The nation’s leading site consultants see opportunity for growth across our state. Our top-ranked workforce development initiatives – combined with a conservative, pro-business policy approach, world-class higher education system, and a logistics network that puts the global economy within arm’s reach – make Georgia a top competitor for investment from businesses large and small – across the country and around the world,” Kemp said. 

 

To learn more, visit:

https://www.metroatlantachamber.com 

https://www.georgia.org https://atlantaregional.org/