Pittsburgh – “a Place Where You Make Big Things” – is Among Top Northeast U.S. Metros for New Projects

by on March 7, 2018

Conway Inc., the parent company of Site Selection magazine – an industry-leading publication covering corporate real estate and economic development – has announced its Top Metros for 2017.  Pittsburgh took second place for the Northeast U.S., second only to the New York-Newark-Jersey City metro, with 53 new corporate location projects.

Conway Inc.’s annual analyses are regarded by corporate real estate analysts as the industry scoreboard.  The ranking are detailed in the March 2018 edition of Site Selection in a feature managing editor Adam Bruns entitled “Repeat Defenders.”

New facilities and expansions included in the analyses must meet at least one of three criteria:

  1. Involve a capital investment of at least US $1 million,
  2. Create at least 50 new jobs or
  3. Add at least 20,000 SF of new floor area.

Retail and government projects, schools and hospitals are not tracked.

Other major Northeast U.S. metros bested by Pittsburgh included Philadelphia-Camden-Wilmington and Boston-Cambridge-Newton.

Chicago, for the third year in a row, took the No. 1 for its population tier, and Pittsburgh – as a fellow Great Lakes metro – got a shout-out in the feature article about Chicago that’s worth noting.

California’s Hyperloop Transportation Technologies (HTT), creators of high-speed, tubular transportation systems, has signed official agreements to begin a $1.2 million feasibility study around Hyperloop connections that would provide next-generation travel between places such as Pittsburgh and Chicago.

HTT’s chief global operations officer for the Great Lakes region told Site Selection:  “We came here because places like Cleveland, Chicago and Pittsburgh have the manufacturing, the raw materials and the talented, hard-working people in order to make it happen. We can source everything from this area. This is a place where you make big things.”