Filed under: Arizona, City of Scottsdale, City of Scottsdale News, Scottsdale, Scottsdale Arizona, Scottsdale Events | Tags: Arizona, biotech, Scottsdale Arizona
“The Economic Report” Show to Feature City of Scottsdale
Deerfield Beach, FL, December 26, 2008 –(PR.com)–
The producers of The Economic Report are pleased to announce that City of Scottsdale, Arizona will be featured in an upcoming segment on topics, trends and issues related to “Hidden Gems of the Bio Tech Industry” as part of the show’s Leaders in Economic Development series.
During the late 1970’s and early 1980’s, the economic base of Scottsdale was highly dependent upon tourism. Few other local industries existed, and Scottsdale was regarded as primarily a bedroom community of Phoenix. Over the past decade, however, the City has undergone a transformation.
Located in the heart of the desert southwest, just a short distance from Sky Harbor International Airport, Scottsdale is a premier location for new or expanding companies. With a growing population of more than 240,000, and more than 50% of residents with a bachelor’s degree or higher, Scottsdale offers businesses a highly educated workforce and a prime location for competing in today’s global economy. Because of their competitive advantages, Scottsdale is attracting sustainable and clean technologies, biotechnology industries, aerospace and aviation industries, software firms, corporate and regional headquarters, administrative headquarters, and advanced business and professional service industries.
“We are positioning Scottsdale for short- and long-term economic prosperity by strengthening, expanding, and diversifying our economic resources and achieving international awareness,” says Harold Stewart, Acting Economic Vitality General Manager for the City of Scottsdale. “We are attracting small to mid-sized companies that generate high wages, provide new technologies, or support the environmental sustainability of the planet while having minimal community impacts.”
In 2007, Scottsdale attracted 15 new companies with 1,400 jobs at an annual average salary of $52,000. The area has seen over $3.1 billion in planned, under construction, or completed new development.
“Scottsdale’s future as a desirable place to live, work, and visit is dependent upon a dynamic, diversified, and growing economic base that compliments the character of our community,” says Stewart. “We are balancing the competing needs of residents and businesses so neighborhoods are protected and enhanced, while business districts are competitive and attractive.”
The five-minute segment will highlight the economic growth occurring in Scottsdale and will primarily focus in the development of the biotechnology sector. Interviews will include Stewart along with representatives from the Flinn Foundation, InNexus Biotechnology, Mayo Clinic and The Translational Genomics Institute (TGen).
For more information about the City of Scottsdale, please visit http://www.scottsdaleaz.gov.
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