We probably won't attract Amazon's highly touted second headquarters, but a new study by the business web site 'CommercialCafe.com' shows San Antonio is the second best city in the country to relocate a business, News Radio 1200 WOAI reports.
San Antonio ranks behind only Phoenix in the CommercialCafe study.In fact, Texas ranks tops overall, with five big Texas cities in the top twenty of relocation cities.
CommercialCafe looked at three key metric, including the availability of skilled and educated labor, the costs of wages and office space, and tax conditions in the region.It also studied 'quality of life' issues like average commute time, the general health of the region's economy, and the rent and housing costs that the company's employees will have to pay.The top cities were Phoenix, followed by San Antonio, Indianapolis, Columbis Ohio, and Dallas.
CommercialCafe says while the metrics demonstrate what's good for the company, it doesn't necessarily add up to what's good for the employer. For example, San Antonio's still relatively low wage rate worked in the city's benefit.
For that reason, cities like Detroit, which most people might not consider to be a golden destination, made the top twenty.
CommercialCafe studied every city in the US with a population of more than 100,000, but gave extra points to cities like San Antonio, with populations in excess of one million.
The worst places to relocate, not surprisingly, are on the west coast, where costs, rents, office space and wages are known to be high.
Interestingly, the city that most analysts say Amazon has already settled on for its second headquarters, Denver, ranks in the middle of the pack, and Amazon's current home, Seattle, is listed among the worst places in the country to relocate.
READ THE STUDY: https://www.commercialcafe.com/blog/2017/11/01/looking-relocate-business-phoenix-best-bet/