News

The Office of Economic Development has just released its inaugural Annual Report. The FY 2013/2014 report includes data previously found in the Growth and Development Report produced by the Long Range Planning Division and tells the story of development and investment happening all over Raleigh.

Featured in the report is the relocation story of Citrix/Sharefile. Jesse Lipson, founder of ShareFile which was acquired by Citrix in 2011, convinced executives that Raleigh was the ideal location for their corporate headquarters. “Raleigh has a healthy mix of people who have been here for a generation or more and transplants who are new, so it’s grounded enough to feel stable but not stagnant. Raleigh has a really good balance” says Lipson. The 130,000 square foot facility is scheduled to open this year.

Raleigh is known for its strengths in technology and innovation which can be seen in the growing number of tech companies and the creative industry evolving around the makers.  The report highlights Raleigh’s business clusters including Life Sciences, Cleantech, Startups, Consumer Goods, and IT/Software.

The report also explores why Raleigh is one of the fastest growing metro areas in the country. When compared to national averages, Raleigh has a lower overall cost of living, a higher median household income, and a greater percentage of the population with a bachelor’s degree. Raleigh is also in close proximity to some of the finest universities in the nation and appeals to many because of its four distinct seasons and vast cultural activities.

 
Raleigh4u RT @kingbill24: Congrats to the @Trophybrewing crew for expansion of the always popular Morgan St spot with more production of sours and ba…
Raleigh4u RT @fscottmoody: #Triangle’s @sageworks acquired by PE firm, 400 employees. Hoepfully will see lots more growth, then IPO! https://t.co/S
Raleigh4u RT @APompliano: We recently tokenized the equity of one of the 500 fastest growing private companies in the US. The company has tens of mi…
Raleigh4u RT @visitRaleigh: Giant bicycles. Art pianos. A full music schedule. Local beers. More than 170 artists with work on display. @artsplosure
Raleigh4u RT @NCState: #NCState will become one of four university-based @IBM Q Hubs in the world, and the only one in North America: https://t.co/ix
LaunchRaleigh RT @RaleighMoves: Raleigh and Durham are the highest rated cities for cycling in NC based on the @PlacesForBikes metrics. We know we still…
LaunchRaleigh RT @fscottmoody: #Triangle’s @sageworks acquired by PE firm, 400 employees. Hoepfully will see lots more growth, then IPO! https://t.co/S
LaunchRaleigh RT @NCState: #NCState will become one of four university-based @IBM Q Hubs in the world, and the only one in North America: https://t.co/ix
LaunchRaleigh RT @NCRIoT: Via @WRAL: Local tech companies: Apple's interest speaks to Triangle's potential https://t.co/Ylf62usshA
LaunchRaleigh RT @kingbill24: Congrats to the @Trophybrewing crew for expansion of the always popular Morgan St spot with more production of sours and ba…