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Tier 1: New York & Los Angeles
Tier 2: Chicago
Tier 3: Atlanta, Dallas, Houston, Washington D.C., San Francisco, Philadelphia, Detroit, Miami
Tier 4: Phoenix, Boston, Minneapolis, Seattle
Tier 5: San Diego, Cincinnati, Cleveland, St. Louis, Denver, Tampa,
Tier 6: Kansas City, Baltimore, Pittsburgh, Orlando
Tier 7: Charlotte, Portland, Nashville, Columbus, Austin, San Antonio, Hampton Roads, Indianapolis, Sacramento, New Orleans
Tier 8: Louisville, Richmond, Memphis, Birmingham, Jacksonville, Milwaukee, Oklahoma City, Salt Lake City, Buffalo, Las Vegas, Raleigh-Durham,
Tier 9: Albuquerque, Hartford, Providence, Baton Rouge, Tulsa, El Paso, Omaha, Syracuse, Rochester, Allentown, Scranton, Grand Rapids
Tier 10: Charleston, SC, Greenville, SC, Spokane, Des Moines, Knoxville, Little Rock, Boise, Tucson, Piedmont Triad
I think Pittsburgh should be tier 5. We are 7th out of cities for Fortune 500 locations with 7 in our metro and also have a major national presence or headquarters for many other companies including Alcoa, BNY Mellon, American Eagle, Bayer North America, Dick's Sporting Goods, etc. I think the city has more importance than Baltimore and Kansas City (Orlando would be nothing either without Disney and tourism)
Seriously, Boston isn't what most people act like it is. I don't care how many fortune 500 companies they have. That is one of the most overrated regions in the United States. It looks like a much smaller city when you visit. You have this idea of Boston being a really big city, and when you visit, it might as well be comparable to Orlando. Yes, it's a big city, but simply overrated.
As far as Pittsburgh goes, it looks about the size of Nashville.
Seriously, Boston isn't what most people act like it is. I don't care how many fortune 500 companies they have. That is one of the most overrated regions in the United States. It looks like a much smaller city when you visit. You have this idea of Boston being a really big city, and when you visit, it might as well be comparable to Orlando. Yes, it's a big city, but simply overrated.
As far as Pittsburgh goes, it looks about the size of Nashville.
Are you serious dude? You obviously have no idea what you're talking about since Boston actually has a remarkably low number of Fortune 500 companies given the size/importance of the city. Sorry to the rest of the forumers, but I'm going to have to toot Boston's horn for a moment. I would argue that in general, Boston's importance is under valued if anything...potentially due to the low number of major headquarters in the area.
First of all, it's insane to think Boston and Orlando are even...remotely of the same size. Boston has the fourth or fifth largest CBD in the nation and the third or fourth densest central area in the country.
In terms of economic importance, Boston pulls a lot of weight. Financially, it's currently ranked second in the country and eighth in the world in the GFCI Index. If you look at the assets under management, Boston is far and away the largest in the United States after NYC:
1. NYC 101 firms totaling $11.670 trillion under management
2. Boston 26 firms, $5.563 trillion
3. Los Angeles 13 firms, $2.965 trillion
4. San Francisco 12 firms, $1.711 trillion
5. Philadelphia 6 firms, $1.589 trillion (95% is from Vanguard)
6. Chicago 17 firms, $1.508 trillion
On top of this, Boston is arguably the premier life science cluster on the planet. Jones Lang Lasalle and the Milken Institute have both listed it as the top area in the United States. If you check out this article, you'll see that Boston is likely the top biotech cluster in the United States. As referenced in the article, all of the major biotech companies around the world have been laying off pieces of their workforce, but expanding in Boston (particularly Novartis, Pfizer, and Sanofi Aventis). On top of that Boston has led NIH funding for the last 17 years. In fact, Boston/Cambridge receive more funding than any state in the country aside from California (and obviously MA too). Massachusetts is also #1 in the Milken's Technology and Science Index. Greater Boston has the second largest concentration of venture capital in the nation too, trailing only the Bay Area.
Cambridge is thriving at the moment, especially Kendall Square. Companies with a presence in the area include: Google, Microsoft, Novartis, Akamai Technologies, EMC Corporation, Genzyme, Shire, Pfizer, GlaxoSmithKline, Biogen Idec (under construction), Amazon, Staples, Yahoo, Amgen, VMware, Facebook just announced an expansion into the area, as did Johnson & Johnson, and Oracle just made a major purchase too.
Boston's hospitals are also tops in the world. Between Mass General, Brigham & Women's, Boston Children's Hospital, Dana Farber, Beth Israel Deaconess, Mass Ear & Eye, and Joslin Diabetes, among others, you will not find a more impressive lineup anywhere else.
Boston is also home to three of the most powerful management consulting firms on the planet in Boston Consulting Group, Bain & Co, and Monitor Group.
Sitting in the background of all this is the world's most impressive lineup of universities. Harvard, MIT, Boston College, Tufts, Brandeis, Bentley, Suffolk, Northeastern, BU, Berklee, Wellesley, and others come together to create an incredible and unique environment which serve as the catalyst to create what some believe is the world's most innovative city.
Tier 1: New York & Los Angeles
Tier 2: Chicago Tier 3: Atlanta, Dallas, Houston, Washington D.C., San Francisco, Philadelphia, Detroit, Miami Tier 4: Phoenix, Boston, Minneapolis, Seattle
Tier 5: San Diego, Cincinnati, Cleveland, St. Louis, Denver, Tampa,
Tier 6: Kansas City, Baltimore, Pittsburgh, Orlando
Tier 7: Charlotte, Portland, Nashville, Columbus, Austin, San Antonio, Hampton Roads, Indianapolis, Sacramento, New Orleans
Tier 8: Louisville, Richmond, Memphis, Birmingham, Jacksonville, Milwaukee, Oklahoma City, Salt Lake City, Buffalo, Las Vegas, Raleigh-Durham,
Tier 9: Albuquerque, Hartford, Providence, Baton Rouge, Tulsa, El Paso, Omaha, Syracuse, Rochester, Allentown, Scranton, Grand Rapids
Tier 10: Charleston, SC, Greenville, SC, Spokane, Des Moines, Knoxville, Little Rock, Boise, Tucson, Piedmont Triad
Quote:
Originally Posted by Sound of Reason
Seriously, Boston isn't what most people act like it is. I don't care how many fortune 500 companies they have. That is one of the most overrated regions in the United States. It looks like a much smaller city when you visit. You have this idea of Boston being a really big city, and when you visit, it might as well be comparable to Orlando. Yes, it's a big city, but simply overrated.
As far as Pittsburgh goes, it looks about the size of Nashville.
I GET THE JOKE!!!!!
(just kidding, no I dont.....)
I mean, I don't have much personal experience with Dallas, Houston, Washington D.C., San Francisco, Philadelphia, Detroit, Phoenix, or Seattle, but how can you think that Boston is a step behind Miami and Atlanta and equal to Minneapolis?
Seriously, Boston isn't what most people act like it is. I don't care how many fortune 500 companies they have. That is one of the most overrated regions in the United States. It looks like a much smaller city when you visit. You have this idea of Boston being a really big city, and when you visit, it might as well be comparable to Orlando. Yes, it's a big city, but simply overrated.
As far as Pittsburgh goes, it looks about the size of Nashville.
Boston is not home to that many Fortune 500 companies. There are other areas that are either similar in population, or smaller in population that are home to more. Who is calling Boston a really big city? The population sits at around 630k, much smaller than NYC, LA, Chicago, Houston, etc. It's also a small city in physical size, so of course it's not going to feel as big as some other US cities. That's one of the things that makes Boston unique.
Orlando is not comparable to Boston at all. You're talking about two cities that are very different. Orlando is a nice city, but it's not in the league of Boston.
In the context of the list, you're saying Boston has been placed in a tier too high?
Location: That star on your map in the middle of the East Coast, DMV
8,128 posts, read 7,560,868 times
Reputation: 5785
The notion that Cleveland, Minneapolis, Pittsburgh, and St Louis are on the same tier with SF and DC is hilarious, (credibility lost Rand MCNally)
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