Wednesday, March 4, 2015

Report: Austin leads U.S. in downtown job growth via Real Estate Center at Texas A&M

Although most newcomers choose to live a suburban life, job growth in Central Austin is now outpacing job growth in the suburbs, according to a new report from City Observatory, an Oregon-based think tank.

In fact, Austin now leads all other U.S. cities in terms of the percentage of its overall workforce working downtown and in downtown job growth.

According to the report titled "Surging City Center Job Growth," the downtown-oriented job growth in Austin mirrors trends seen in metro areas across the nation, reversing suburban-oriented job growth trends that stretch back more than 50 years.

Read more...Report: Austin leads U.S. in downtown job growth via Real Estate Center at Texas A&M

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