According to DataFox, Pittsburgh is an ideal location to launch a start-up.
Universities are catalysts needed as they provide intellectual capital and successful alumni with financial resources. Ideal cities are also centrally located.
Of course, Silicon Valley and New York City are hubs for start-ups, but Pittsburgh ranks number six out of the top 15. The top five include Cambridge, Massachusetts; Santa Monica, California; Fayetteville, Arkansas; Boulder, Colorado; and Wilmington, Delaware.
Click here to read the Pittsburgh Business Times‘ blog post and see the entire list and metrics.
According to TripAdvisor, Pittsburgh is one of the top 10 tourist destinations in the United States.
The site highlights 295 places to visit and says, “Steel and coal may have built this city, and you’ll see the names ‘Mellon’ and ‘Carnegie’ on an awful lot of things, but Pittsburgh has come a long way from its gritty, industrial past.”
What other cities made the ranking? And, is the number one location a surprise? Read the Pittsburgh Post-Gazette blog post here.
UPDATE —- March 10, 2016 is the current targeted effective date for an ordinance passed by Pittsburgh’s City Council requiring most city businesses to provide sick leave to full-time and part-time employees.
Implementation of the legislation was postponed by 60 days under an agreement reached by the city and groups challenging the law in court.
Pittsburgh Member Peter R. Rich explains how the proposed law came about, exemptions included and pending legal challenges.
You can read Pete’s article by clicking here.
According to Realtor.com, 2016 is anticipated to see Pittsburgh as the second most sought after real estate for millennials. This prediction was based on millennial population, employment growth and housing affordability.
Pittsburgh does not have one the nation’s largest population of those aged 25 to 34. In fact, only 12 percent of the region’s population represents that age group and that percentage is slightly less than the national average. However, job growth and lower housing costs make Pittsburgh exceptionally attractive.
According to Jonathan Smoke, Realtor.com’s chief economist, “The market ranked third out of the 100 largest markets for the 25-34 share of purchase mortgages in 2015, with 47 percent compared to the U.S. average of 36 percent.”
Only Atlanta slightly beat out the Steel City. What likely cities came in behind Pittsburgh? Read the Pittsburgh Business Times article now.