Data don’t lie: Portland jumps up the ranks of national tech cities
We’ve been closely following the emerging narrative of Portland’s latest tech boom with homegrown startups adding staff, building-out new offices and welcoming reams of regional offices from tech companies in other states.
All this activity has Portland jumping up the list of nationwide tech hubs and cracking the top 10.
Real estate firm JLL is out with its latest national rankings of high-tech hubs and Portland jumped from No. 16 last year to No. 8 this year. Our neighbor to the north also jumped up the rankings and overtook Silicon Valley for the No. 2 spot.
The elements examined for the ranking include employment growth, high-tech office employment concentration, market dynamism, innovation and investment trends. A major factor in Portland’s rise in the rankings came from the city’s “ market dynamism,” which translates to concentration of amenities, walkability, high-tech clustering and vibrancy of the broader market beyond office space.
Here’s how the Top 10 high-tech cities and areas shake out, according to JLL’s 2014 office outlook:
- 1. San Francisco
- 2. Seattle-Bellevue
- 3. Silicon Valley
- 4. New York
- 5. Austin
- 6. East Bay (or San Francisco Bay Area)
- 7. Boston
- 8. Portland
- 9. Chicago
- 10. Dallas