CBRE recently named Seattle the top emerging life science cluster in the
country. We find out why in a conversation with Life Science Washington
President Dr. Leslie Alexandre.
A look at the Arkansas Economic Recovery Strategy, commissioned this
summer by the Arkansas Economic Recovery Task Force and published by
“think and do tank” Heartland Forward.
You’ve seen our Inc. 5000 number crunching for top states, cities and sectors. Our final installment of
analysis examines which metro areas (not just municipalities) lead the
way in number of Inc. 5000 firms cumulatively and per capita. Here are
the top 20 metro regions with their corresponding numbers of
fast-growing companies. Austin, with a metro population of just under
2.3 million, packs the most punch among these heavyweights:
Metro Area
Pop.
Inc. 5000 Firms
1. Los Angeles-Long Beach-Anaheim, CA
13.1099
302
2. Washington-Arlington-Alexandria, DC-VA-MD-WV
6.3246
287
3. Chicago-Naperville-Elgin, IL-IN-WI
9.4066
208
4. Atlanta-Sandy Springs-Roswell, GA
6.0878
190
5. Dallas-Fort Worth-Arlington, TX
7.6941
173
6. New York-Newark-Jersey City, NY-NJ-PA
19.1244
169
7. Miami-Fort Lauderdale-West Palm Beach, FL
6.14
139
8. Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
6.1079
134
9. Boston-Cambridge-Newton, MA-NH
4.8782
131
10. San Francisco-Oakland-Hayward, CA
4.6969
126
11. Denver-Aurora-Lakewood, CO
2.9912
119
12. Phoenix-Mesa-Scottsdale, AZ
4.8458
110
13. San Diego-Carlsbad, CA
3.3324
108
14. Austin-Round Rock, TX
2.2953
107
15. Houston-The Woodlands-Sugar Land, TX
7.1545
91
16. Tampa-St. Petersburg-Clearwater, FL
3.244
87
17. Seattle-Tacoma-Bellevue, WA
4.0186
80
18. Nashville-Davidson–Murfreesboro–Franklin, TN
1.9895
68
19. Baltimore-Columbia-Towson, MD
2.8002
62
20. Minneapolis-St. Paul-Bloomington, MN-WI
3.6575
61
In the per capita category, while there are plenty of small towns that
are one-hit wonders that have good stories to tell, we counted only
those metro areas with five or more Inc. 5000 firms to arrive at the Top
10 list below. The university town of Bozeman, Montana, takes top
honors, followed by fellow Western innovation outposts Boulder and
Provo. San Diego and Atlanta fall just outside the top 10. Watch for
more about the unique Bozeman ecosystem in the November issue of Site
Selection. — Adam Bruns and Daniel Boyer
Sites in the program “show companies that communities are serious about
job creation and business expansion,” says Missouri Economic Development
Department Director Rob Dixon. Meanwhile, 87 communities carry Certified
Work Ready credentials too, the most of any state in the nation.
After raising $100 million in a round led by SoftBank, San
Francisco–based corporate gifting platform Sendoso will open this new
European HQ in Dublin. The 100 employees there will join a company that
currently employs around 500 across the U.S., Europe and Asia. The
company plans to boost hiring by 30% by year’s end. The company offers
up to 30,000 different gift items from warehouses on three continents.
“Sendoso is joining a thriving tech scene of fast growing and innovative
companies choosing Dublin as the preferred location to establish its
European HQ,” said Martin Shanahan, CEO of IDA Ireland.
Bayer early this month announced it would invest over €400 million to
reinforce its commitment to providing 100 million women and girls with
access to family planning by 2030, especially in low- and middle-income
countries (LMICs). The investment will include the expansion of
production capabilities in Turku, Finland, and the construction of a new
production site in Alajuela, Costa Rica, specialized in the production
and supply of long-acting reversible contraceptives (LARCs). The new
production plant at Coyol Industrial Park is expected to start the
supply of long-acting reversible contraceptives to LMICs by 2024. Both
sites also will produce hormonal implants and hormonal intrauterine
systems (IUS).
Two major energy reports were issued within the past two weeks. First,
the International Energy Agency released its World Energy Outlook 2021, the organization’s
annual flagship publication, released a month earlier than usual in
order to serve as a handbook for COP26, the UN Climate Change Conference being
held in Glasgow, Scotland, from October 31 to November 12. The 386-page
report (much more easily navigated in web format at the link above)
shows that “even as deployments of solar and wind go from strength to
strength, the world’s consumption of coal is growing strongly this year,
pushing carbon dioxide (CO2) emissions towards their second largest
annual increase in history.” Working toward net zero by 2050, the IEA
posits, “would create a market for wind turbines, solar panels,
lithium-ion batteries, electrolyzers and fuel cells of well over US$1
trillion a year by 2050, comparable in size to the current oil market,”
and create 26 million jobs by then in clean energy and related sectors.
In Washington, the Information Technology and Innovation Foundation,
also in anticipation of COP26, has released its 2021 Global Energy Innovation Index. Finland,
Denmark, Sweden and the United Kingdom lead the 34 nations evaluated
across 20 indicators, while the U.S. has dropped from No. 4 in the 2016
baseline ranking to No. 17 and China ranks No. 25. ITIF says the 34
nations combined to invest more than $27 billion in clean energy R&D in
the most recent year for which data is available — 25% more than 2015,
“but essentially flat accounting for economic growth.” Here are the top
10:
ITIF’s Global Energy Innovation Index: overall
and subindex rankings
Xcel Energy offers nearly 90 available real estate options, including
Certified Sites, Ready Sites and Ready Buildings, across its eight-state
service area. Xcel Energy’s real estate certification process follows a
robust and credible protocol, starting with the collection and
validation of essential property attributes and due diligence. Using
information gathered during site visits, complemented by details
provided by municipalities, utilities and economic development
organizations, the Xcel Energy team reviews the due diligence on the
property and infrastructure, including any required studies. Equipped
with the knowledge already gathered on your behalf, you can move faster
into your new location and increase your speed to market. And of course,
each site enjoys reliable and robust electric service from Xcel Energy,
one of the nation’s top providers of clean power. Take an aerial tour of Xcel Energy’s Certified
Sites and find your next location, today.
A few of us at Site Selection gathered in our parking lot at 7:08 a.m.
yesterday to watch the International Space Station cross directly over
our heads at its standard speed of approximately 4.76 miles per second
or 17,136 miles per hour. Here’s a sample of how the crew sees us:
Central Park figured prominently in this photograph of Manhattan Island
in New York City as the ISS orbited 262 miles above the northeastern
United States on October 15th. The ISS orbits Earth about every 90
minutes, traveling through 16 sunrises and sunsets in 24 hours.
