Lowe’s global tech hub announcement highlights Charlotte as a nationally-recognized tech market
In a Q4 2018 study published by national market research firm Forrester, Charlotte was identified as the nations No. 1 high-growth market for tech talent
July 24, 2019
- In a Q4 2018 study published by national market research firm Forrester, Charlotte was identified as the nations No. 1 high-growth market for tech talent. With a 10.3% compounded annual growth rate in tech workforce since 2012, Charlotte ranks above Portland and Indianapolis, on track to become a major tech hub moving forward. Further, as of Q4 2018, Charlotte has added at least 77% more jobs in the tech industry in under a decade.
- On the heels of this announcement came CompTIA’s Tech Town Index which ranks Charlotte as No. 1 for best places for tech workers. A ranking which intends to assist IT employees in deciding where to live and work, Charlotte topped Raleigh (No. 2) and Durham (No. 15) when comparing growth and opportunity costs.
- Lowe’s recently recognized Charlotte’s growing tech industry by announcing South End as the home to their global tech center. With plans to host over 2,000 new employees, Lowe’s will serve as the anchor tenant in the new Design Center Tower, leasing 357,000 square-feet. Lowe’s CEO shared that Charlotte culture and proximity to transit will be key in attracting and retaining technically-skilled employees.
Source: JLL Research