Great Investor Bet in 2010? Durham-Raleigh!
While we’re looking at lists, the Urban Land Institute recently published its Best Investor Bets for 2010. The list is full of the usual suspects – New York, Washington DC, Austin, Houston. Tucked into the second set of five, however, is our very own Raleigh-Durham. The Institute believes we’ll be successful in 2010 by playing to our strengths as a biotech incubator and our foundation of excellent universities.
This is great news. What makes that even better is that most of the other nine cities are large metropolitan areas [the exceptions are San Jose, which is basically a suburb of San Francisco, and Austin, which is in many ways a clone of the Triangle]. It says a lot for our hometown that we can hold our own when “playing above our weight class”
Tags: investment
