Charlotte was recently ranked No. 2 metro area in America for economic growth potential by the Business Facilities’ 13th Annual Rankings Report! This is a huge achievement for the Queen City, as it has sought to diversify its heavy reliance on the banking industry. If you are considering a NoDa home for sale, know that you will be in a market with plenty of opportunity. Read on for details on how Charlotte ranked No. 2 for economic growth potential and what that means for you as a Queen City resident!
Ranking Details
The Business Facilities’ rankings report is focused on the tech industry in particular. If a metro area has a strong presence of tech start-ups, tech manufacturing and data centers, it will do well in the rankings.
So how did Charlotte grab the No. 2 spot? For starters, Charlotte houses Apple’s new $5 billion data center. It also features Amazon’s new $375 million data-center wind farm
Additionally, the Charlotte metro area hosts a friendly environment for tech growth. We have excellent tax incentives for the tech industry, strong infrastructure growth and still a plethora of land available for development.
If you are looking for new opportunity, Charlotte is the place to be and houses for sale in Plaza is one of the many perfect places to settle down.
The Future
This report highlights the fact that there is an extremely competitive market in place today. Economic power is grabbed in unlikely places such as cyberspace. If you want to be in a place where you and your family can see positive growth in the future, check out homes for sale in Steele Creek.
What do you think about the fact that Charlotte ranked No. 2 for economic growth potential? We would love to hear about your personal experience in the Queen City!