The American dream is all about building your path to success, so it’s no surprise that there are millions of businesses in this nation. Creating and growing a business can be a fantastic opportunity. Still, you’ll need a welcoming property for clients and employees alike.
Are you unsure how to develop existing land into commercial property? That’s where Catalyst Capital Partners comes in. Our commercial real estate development experts can help your business find the property it deserves. But you’ll need to decide where to pursue commercial real estate development first.
If you’re on the hunt for America’s top real estate areas, look no further. Here, you’ll find our list of the leading commercial real estate development regions in the country.
Our Top 10 Cities for Development
The commercial real estate market in “Music City” has been music to investors’ ears for some time now. Fortunately, not even the COVID-19 pandemic has been enough to stop Nashville’s momentum, and Amazon is hard at work building a $230 million facility downtown. Another $585 million project will bring a swanky Ritz-Carlton Hotel to the SoBro District.
Recently, Forbes named this city a top market for commercial real estate investment. It’s become a hotspot for “hipsturbia,” or the development of suburban mixed-use spaces accessible to pedestrians.
San Jose, California
Development in San Jose has been strong lately, and it’s easy to see why. The city’s downtown district is designated as a qualified opportunity zone to drive economic development.
Since it’s a leader in job growth, it stands to reason that Austin’s experiencing a population boom. Major corporations have taken notice – including Apple, which is building a campus there.
Charlotte, North Carolina
Charlotte has already started bouncing back from the economic effects of the pandemic. Industries that are particularly strong in this city include IT, business/professional services, and finance, all of which had no trouble adapting to remote work. Efforts to expand the LYNX Blue Line should help make the city even more appealing.
With a name closely tied to rebirth, it’s no wonder Phoenix has already started recovering from the pandemic. It’s also benefitted from people moving out of many California metro areas en masse.
Unlike many cities here, growth isn’t expected for Boston’s job market or population. However, this city’s GDP per capita is among the nation’s highest.
Dallas-Fort Worth, Texas
This metropolitan area’s future is up in the air – in a good way! Expanded rail will link Dallas-Fort Worth International Airport to nearby communities. Along with this, American Airlines is investing in a new airport terminal.
Tampa-St. Petersburg, Florida
This metro area boasts no state income tax, but that’s not all it has to offer. Population growth has been healthy, while its location in the Sunbelt is appealing.
Raleigh, North Carolina
Raleigh’s been a boom market for all types of real estate as of late, and that includes commercial real estate development. The local population has exploded in the past decade, and tourism has also been strong. On the commercial side of things, one of the most significant projects in the works right now is a $20 million mixed-use development known as Hub RTP.
Choose Us for Commercial Real Estate
Commercial real estate development that meets a city’s needs is crucial. We believe the cities listed here represent fantastic investment opportunities. Would you like to do business in the Charlotte, Nashville, or Raleigh areas? If so, the team at Catalyst Capital Partners is ready to work with you!