Atlanta Soars: World’s Most Competitive Cities

Atlanta is now the third most competitive city in the US for new international headquarters, and the 14th in the world.

This is just one of the findings of a new report from IBM Global Business Services and Site Selection Magazine, as reported by the Atlanta Business Chronicle. The report ranked the 100 top metropolitan areas in the world based upon competitiveness for attracting international investment projects, in five categories. There were 12 US metros ranked: (alphabetically) Atlanta, Charlotte, Chicago, Dallas, Detroit, Houston, Los Angeles, Miami, New York, Philadelphia, San Francisco, Washington DC

So, buckle your seat belts, ladies and gentlemen, there are going to be a lot of new buildings, offices, hotels and homes to be designed and built in Atlanta.

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Here are the rankings for Atlanta:

International Headquarters

# 14   most competitive city in the world for international headquarters 
#   3   most competitive city in the USA for international headquarters

Shared Service Centers

#   8   most competitive city in the world for shared services center 
#   4   most competitive city in the USA for shared services center 

Software Development

# 10   most competitive city in the world for software development 
#   4    most competitive city in the USA for software development 

Financial Services

# 10   most competitive city in the world for financial services 
# 5      most competitive city in the USA for financial services

Life Sciences R&D and Production

# 27  most competitive city in the world for life sciences R&D and production
#   6   most competitive city in the USA for life sciences R&D and production

Here are the top winners:

International Headquarters:  1 London, 2 Singapore, 3 New York, 4 Amsterdam, 5 Hong Kong, 6 Paris, 7 Chicago, 8 Toronto, 9 Zurich, 10 Berlin, 11 Stockholm, 12 Frankfurt, 13 Brussels, 14 Atlanta (beat 86 world metros)

Shared Service Centers: 1 London, 2 Singapore, 3 New York, 4 Dublin, 5 Amsterdam, 6 Chicago, 7 Dallas, 8 Atlanta (beat 92 world metros)

Software Development: 1 London, 2 New York, 3 San Francisco, 4 Paris, 5 Berlin, 6 Stockholm, 7 Singapore, 8 Chicago, 9 Toronto, 10 Atlanta (beat 90 world metros)

Financial Services: 1 New York, 2 London, 3 Singapore, 4 Chicago, 5 Hong Kong, 6 Toronto, 7 San Francisco, 8 Amsterdam, 9 Dallas, 10 Atlanta (beat 90 world metros)

Life Sciences R&D and Production: 1 London, 2 New York, 3 Singapore, 4 Paris, 5 Stockholm, 6 Berlin, 7 Chicago, 8 Frankfurt, 9 Dublin, 10 Copenhagen, 14 San Francisco, 20 Philadelphia, 24 Washington DC, 27 Atlanta (beat 73 world metros)

The Atlanta Metro Chamber added from their November 2013 study of the 50 largest US metros:

  • #1 in the growth of total college students 35 years and older.

  • #3 in total people with BA Engineering

  • #5 in University Research expenditures

  • #8 in total number of college students… ahead of Houston, Dallas, and San Francisco

  • Since 2000, metro Atlanta has gained 1.1 million people, a 26% increase.

  • Atlanta’s Tech sector has 13,000 companies with 250,000 workers.

  • Atlanta has the #1 lowest cost of doing business among the US 10 largest metros (KPMG 2012)

  • New offices rated as Walkable Urban Places (WalkUPs) have grown from 19% in the 1990’s to 31% in the 2000’s to 50% in 2009-2013.

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Cycling in Atlanta critical mass.
Cycling in Atlanta critical mass. (Photo credit: Wikipedia)

 

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