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The article talks about Boom Supersonic. But Toyota and Boom Supersonic may not be all. Mayor Nancy Vaughn hints there may be another major economic announcement on the horizon for Greensboro.
I saws this quote from the mayor earlier. If there's another big announcement comparable to the last two, the cumulative impact of these influx of jobs could be really substantial for the region.
But those two metros have been seeing the highest growth rates in the country for some time now, are constantly ranked at the top of most "Best" lists, and by far are the most recognizable NC metros nationally and internationally.
I am as optimistic and thrilled to see Toyota and possibly BOOM come to the area as everyone else, but i'm also a realist. As others have said in this forum, expectations need to be tempered.
The commercial and residential development will follow the types of industries coming to the area. If the companies coming to the area warrant for Class A office space, then you will see more mid rise and high rise office space development. If the companies demand more industrial space, then we you will more industrial building space development. Same with residential. If the jobs are more high paying white collar jobs, you will see more higher end developments in the nicest neighborhoods with the best schools. If the jobs are more blue collar, whether high paying or average paying, you're going to see more reasonably priced developments on the outskirts of cities and in suburban areas.
That's just the reality of how things work in a capitalistic economy.
Reuters: ‘Overture,’ a supersonic passenger plane by Colorado start-up Boom Supersonic hopes to half the fly time between New York and London. The company is targeting its maiden flight in 2026 https://t.co/Z7TkpYPtqu
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