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Startup city: Phoenix ranks among best big cities for early ventures

Phoenix skyline and cactus
Posted at 7:37 AM, Jul 18, 2019
and last updated 2019-07-18 10:38:16-04

PHOENIX — Phoenix's growing reputation as a tech hub received more recognition this week.

The city landed on a list of the 10 best U.S. metros for startups with populations larger than of 1 million.

The analysis and ranking from Commercial Cafe, a blog that focuses on the commercial real estate industry, ranked Phoenix as the eighth best big city for startups — ahead of East Coast biggies Philadelphia and New York City.

Perhaps unsurprisingly, Phoenix's affordability helped bolster its position on the list, considering the city had the second-slowest growth in tech wages among the top 10 cities, according to Commercial Cafe.

Read more from the Phoenix Business Journal.