Daily ranking: Milken Top Cities
A note for being among the most improved since the previous ranking. See the Milken Institute's Best Performing Cities 2010.
Thursday, October 14, 2010
This work by Christopher Briem is licensed under a Creative Commons Attribution 3.0 United States License.
Your less than random .
That which was: Pittsblog 2.0
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From Briem.com:
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Did you know the G20 came to Pittsburgh?
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This work by Chris Briem is licensed under a Creative Commons Attribution 3.0 United States License.
5 Comments:
Not a lot of comparably large metros ranked ahead of Pittsburgh--the Texas cities, DC, and Baltimore . . . did I miss any?
Interesting that, among small metros in PA, Williamsport (aka "Marcellus Central") plummeted in the rankings.
I noticed the 2011 ULI Emerging Trends in Real Estate report is out. Pittsburgh region gets a shout out for for being admirably boring.
I'm actually surprised at how low the relative expectations for Pittsburgh were in this survey data, given what I know of Pittsburgh's numerical performance recently. It appears these folks believe a lot of the traditionally hotter, mostly coastal, markets are going to snap back quickly, and they are lumping Pittsburgh in with the traditionally more stagnant Midwest cities.
And maybe they are right, but I also wonder if Pittsburgh is still suffering from an outdated branding, including with respect to regional placement. Anyway, this helps explain why despite the relatively good local numbers, investment in local development has been quite slow, all while vacancies keep going down and rents keep creeping up . . .
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