In the last few years, Reno has redeveloped the city, and because of that, it’s found itself on several national ranking lists for best cities in a variety of categories. The most recent ranking has placed Reno as one of the top cities for corporate relocations and expansion projects in the next year.
The current times have caused many families and businesses to reevaluate their circumstances and make changes. That includes corporations making decisions on whether to relocate to mid-size cities over big cities.
The Site Selectors Guild conducted a survey in order to help determine the new trends in corporate location strategy and named Reno as one of the 11 cities that will be a top destination for companies to consider.
The survey also pointed out the top five industries with the most project activity, which could indicate the types of corporations we see moving to the area. Those industries include biotech and life sciences, advanced manufacturing, food and beverage processing, transportation and logistics, and software and IT.
Reno’s geographic location, lower costs, and educated workforce have made the city a hub for technology companies and startups, and with this recent survey, we can only expect that to expand. Experts believe that this will bring in high-skilled, high-wage jobs to Reno in the next year.
The pandemic has highlighted that businesses and remote-workers are seeking out cities that are less congested, more affordable, and offer a high quality of life. Below are the cities named as the top destinations for new projects:
- Boise, ID
- Colorado Springs, CO
- Columbia, SC
- Columbus, OH
- Greenville, SC
- Huntsville, AL
- Indianapolis, IN
- Kansas City, MO
- Raleigh-Durham, NC
- Reno, NV
- Tucson, AZ
We can’t wait to see what the next year has in store for The Biggest Little City and which corporations will benefit from Reno’s vast resources and drive amazing employment opportunities for the community. If you have questions about the benefits of living in Reno and our predictions for the local real estate market, contact the David Morris Group. We’re more than happy to help you buy or sell your home. Give us a call at (775) 828-3292.