Just speculating, but it could mean the biopharma campus area north of Durham toward Bahama
As the city nears 500,000, it’s nice to know that they report that it’s over 400,000.
Should be about 487k currently.
No wonder they keep moving here instead of Charlotte. I have been trying to figure it out and there it is.
Raleigh Durham is 3rd largest tech employment hub in the southeast after Atlanta and South Florida metros so says CBRE. The Triangle is slightly ahead of Charlotte but way ahead of Nashville for example. Total Tech employment for Raleigh Durham (RDU) and peers.
ATL 138,000 South Florida metros 80,560 RDU 75,150 jobs CLT 71,050 (Tampa and Orlando then Nashville at 40,190 jobs)
Percent change in the last 5 years in total employment
ATL -7% SoFLa 13.9% RDU 17.9% CLT 19.3% Nash 28.9% so Atlanta metro lost tech employment all the rest of the peer group gained.
Lots of good information in this report and salaries are high for Tech workers in the Triangle much higher than Nashville https://www.cbre.com/insights/books/scoring-tech-talent-2024
By tech saturation, the Triangle leads the pack. SoFL and ATL have about 3X the Triangle’s population but nowhere near 3X the tech jobs of the Triangle. South Florida is particularly pathetic.
It’s more like Charlotte, a finance hub that also does some tech
Yeah, the report put extra weight in software engineer jobs that worked at tech companies. Raleigh did well on that measure.
Great little highlight of Raleigh and The Triangle region on CNBC:
Funny that they picked a clip of this shirtless guy walking down Fayetteville St for the feature.
This was a mostly positive spotlight on our area. Our one negative - no mass transit. There you go. Years behind the big boys. Lots of missed opportunities on that front.
Yeah, damn Duke ruined the fun for everyone there.
Always and forever.
This year Raleigh/Durham is ranked as the #12 commercial real estate market in the country in the annual PWC/ULI Emerging Trends report. The region has historically been well ranked, but has been sliding down the rankings in recent years. It peaked at #1 in 2020 (the 2021 report), and last year was #9.
The top 5 markets this year are:
- Dallas Ft. Worth
- Miami
- Houston
- Tampa/St. Pete
- Nashville
A few other notable markets: Atlanta is #7, Austin is #15, Charlotte is #18.
Good to know Raleigh makes a name for itself in 2048 and its legacy lives on past the apocalypse.
(I’m playing the remastered Horizon Zero Dawn and was pleasantly surprised to see Raleigh mentioned in the lore. I assume the developers googled “US biotech hubs” and found RTP)
And yeah this isn’t exactly ‘news’ but I felt it kinda fit the topic.
In any future where NYC gets nuked Raleigh often gets mentioned as a major city. Heroes did it too.
Our time to shine will come one day…
US News and World Report has ranked Raleigh #6 best place to retire for 2025 beating out Charlotte at #9.
Other NC cities that made the cut
Hickory: No. 39
Greensboro: No. 60
Winston-Salem: No. 64
Asheville: No. 104
Fayetteville: No. 119
Fayetteville and no Wilmington is a choice.