Portland Jumps Up The Ranks Of National Tech Cities

Dated: 10/02/2014

Views: 365

We’ve been closely following the emerging narrative of Portland’s latest tech boom with homegrown startups adding staff, building-out new offices and welcoming reams of regional offices from tech companies in other states.

All this activity has Portland jumping up the list of nationwide tech hubs and cracking the top 10.Real estate firm JLL is out with its latest national rankings of high-tech hubs and Portland jumped from No. 16 last year to No. 8 this year. Our neighbor to the north also jumped up the rankings and overtook Silicon Valley for the No. 2 spot.
The elements examined for the ranking include employment growth, high-tech office employment concentration, market dynamism, innovation and investment trends. A major factor in Portland’s rise in the rankings came from the city’s “ market dynamism,” which translates to concentration of amenities, walkability, high-tech clustering and vibrancy of the broader market beyond office space.

Here's how the Top 10 high-tech cities and areas shake out, according to JLL's 2014 office outlook:
  1. San Francisco
  2. Seattle-Bellevue
  3. Silicon Valley
  4. New York
  5. Austin
  6. East Bay (or San Francisco Bay Area)
  7. Boston
  8. Portland
  9. Chicago
  10. Dallas

Source
Blog author image

Mark Ross

For Mark Ross, founder of Ross NW Real Estate and professional real estate broker, real estate has always been the career of choice. During his 25+ years in the industry, Mark has gained experience in....

Latest Blog Posts

More Young Adults Live At Home Now Than During The Great Depression

While at the beginning of the year it seemed like Millennials and Generation Z were going to take hold of the housing market in 2020, the pandemic drastically changed that prediction.For the first

Read More

How To Make Your Home Office Space A Huge Selling Point

It's been six months since many of us were last in the office, tapping away on our ergonomic keyboards and drawing on whiteboards in conference rooms during (gasp!) in-person meetings.Since then, we

Read More

The Refinancing Boom Is Just Getting Started

Even with refinancings driving a record $1.1 trillion in originations in the second quarter and testing the limits of lenders’ capacity, LOs, mortgage executives and economists say all the

Read More

US Mortgage Rates Fall To All Time Lows This Week

Average mortgage rates for 30-year and 15-year mortgages fell to all-time lows this week, Freddie Mac said in a report on Thursday.The 30-year average is 2.86%, breaking the prior low of 2.88% set

Read More