Economic Development

Raleigh-Durham Greeted As "New Silicon Valley" In Heart of "Recoveryland"

Boosted by job growth over the last decade, and a relatively financially stable and fiscally conservative state government, Raleigh-Durham, North Carolina has been dubbed by the good folks from Newsweek as one of the ten American cities “best situated for recovery.” Along with the Texaplex of Dallas-Austin-Houston-San Antonio (energy and startups), the Heartland cities of Indianapolis, Des Moines, and Oklahoma City (high-end industrial and agribusiness), and Salt Lake City and Northern Virginia (tech), Raleigh-Durham sits in the middle of “Recoveryland” insofar as the the jobs are plentiful and the cost of living is reasonable.

View the full article here.

Mike Thelen is a lawyer in Womble Carlyle’s Real Estate Litigation practice group. He regularly represents a wide variety of clients in land use and land development issues, from local governments to businesses, in both state and federal venues throughout North Carolina.

Categories: Economic Development

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