A Look at the Fastest Growing US Cities

by / Wednesday, 01 May 2013 / Published in iCORE, Opportunity / Growth

Who doesn’t love a bit of positive news on a Wednesday morning? With all of the negative stories whirling around in today’s media, it’s nice to take a break and focus on the positive side of life. As part of our strategic growth plans, we’re keeping a constant pulse on how each market is performing and where the biggest opportunities for growth exist.

Back in 2009, we identified a gap in the industry for a full-service commercial real estate provider that truly puts their clients first. Having successfully built and managed an international CRE platform for over 25 years, we decided that it was time for iCORE to fill the void of domestic commercial real estate firms and expand our office base throughout the US.

Since that time, we’ve focused on opening offices in top US cities as well as continuing to grow our international base. Our goal is to be the leading commercial real estate provider worldwide with offices in every major market and the ability to service our clients’ global portfolios.

CNNMoney and Bloomberg recently posted their lists of the top growing cities. While the articles analyze slightly different metrics for determining growth, both lists are valuable tools for measuring growth and potential. For easy reference, we included a reader’s digest version of the lists below.

With offices in five of the 10 cities on CNNMoney’s list and seven of the 12 cities on Bloomberg’s list, iCORE is well positioned to meet the current and future real estate needs of our clients.

Of course our growth is nowhere near over. We’re in discussions with real estate professionals around the world and will continue to open new offices in key markets.

Interested in being part of our growth?
Email Hannah at Hannah.Parker@icoreglobal.com today to set up an informational call.

 

The Top 12 American Boomtowns: Fastest Growing Metropolitan Areas  – Bloomberg.com

1. Austin-Round Rock, Texas
Population Growth: 11.60
GDP Compound Annual Growth: 3.26%

2. New Orleans-Metairie-Kenner, Louisiana
Population Growth: 15.60
GDP Compound Annual Growth: 2%

3. Raleigh-Cary, North Carolina
Population Growth: 11.06
GDP Compound Annual Growth: 1.49%

4. San Antonio, Texas
Population Growth: 10.26
GDP Compound Annual Growth: 1.47%

5. Houston-Sugar Land-Baytown, Texas
Population Growth: 8.15
GDP Compound Annual Growth: 1.55%

6. Washington, D.C. Metro Area
Population Growth 7.49
GDP Compound Annual Growth: 1.46%

7. Oklahoma City, Oklahoma
Population Growth: 7.13
GDP Compound Annual Growth: 1.44%

8. Nashville-Davidson-Murfreesboro-Franklin, Tennessee
Population Growth: 6.29
GDP Compound Annual Growth: 1.37%

9. Portland-Beaverton Oregon, Vancouver Washington
Percent Change: 4.02
GDP Compound Annual Growth: 5.23%

10. Charlotte-Gastonia-Concord, North Carolina
Percent Change: 8.71
GDP Compound Annual Growth: 0.14%

11. Dallas-Fort Worth-Arlington, Texas
Percent Change: 6.21
GDP Compound Annual Growth: 0.84%

12. San Jose-Sunnyvale-Santa Clara, California
Percent Change: 3.43
GDP Compound Annual Growth: 4.37%

 

10 Fastest Growing CitiesCNNMoney

1. Charlotte, NC
Growth (2000-2010): 64.6%

2. Raleigh, NC
Growth (2000-2010): 63.4%

3. Cape Coral, FL
Growth (2000-2010): 60.8%

4. Provo, UT
Growth (2000-2010): 59%

5. Austin, Texas
Growth (2000-2010): 51.1%

6. Las Vegas
Growth (2000-2010): 43.5%

7. McAllen, Texas
Growth (2000-2010): 39.3%

8. Knoxville, Tenn.
Growth (2000-2010): 33.1%

9. Greenville, S.C.
Growth (2000-2010): 32.5%

10. San Antonio, Texas
Growth (2000-2010): 32.4%

 

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