WORLD - CLASS COMPANIES CHOOSE PITTSBURGH TOP COMPANIES HAVE - PDF document

WORLD - CLASS COMPANIES CHOOSE PITTSBURGH TOP COMPANIES HAVE THOUSANDS OF EMPLOYEES IN PITTSBURGH TOP COMPUTER SCIENCE PROGRAMS (CARNEGIE MELLON/UNIV. OF PITT) TOP RESEARCH INVESTMENT: GOOGLE OVER $2 BILLION IN R&D ANNUALLY 2 AMAZON TOP-RANKED HOSPITALS AND A FACEBOOK LEADING HEALTH-CARE ECOSYSTEM MICROSOFT UBER ARGO AI “ ONE OF THE MOST POWERFUL INNOVATION ECOSYSTEMS IN THE WORLD .” — BRUCE KATZ , BROOKINGS INSTITUTION

: TOP-TIER TALENT #1 Metro for College Graduates —Trulia + LinkedIn Pittsburgh’s pool of young, educated professionals is growing. Our metro area has the second-most computer science graduates 2 and the average tech salary is 21% less than the national average. POPULATION EDUCATION TECH TALENT TECH CONCENTRATION ATTAINMENT LABOR POOL DEGREE 23.5% 45.7% 21.2% 34.9% OF MILLENIALS 1 RATE 1 GROWTH 1 GROWTH 1 (2016) (2012–2017) (2011–2016) $83.1K AVERAGE TECH TALENT SALARY 1 TECH TECH 44.3K 4.4K DEGREE TALENT $51.6K AVERAGE SUPPORT (NON-TECH) SALARY 1 COMPLETIONS 1 TOTAL 1 (2016) 45,000+ STUDENTS CARNEGIE MELLON: 4,400 ANNUAL TECH GRADUATES, GRADUATE FROM 60+ HOME TO THE MANY OF WHOM STAY TO ACCESS REGIONAL UNIVERSITIES #1 COMPUTER EMPLOYMENT OPPORTUNITIES EVERY YEAR. SCIENCE PROGRAM. AND QUALITY OF LIFE. 2 2 : GROWING COMPANIES CHOOSE PITTSBURGH Facebook Amazon Intel Apple SAP Yahoo! Ford Microsoft Smith Micro Bosch NetApp HP Yelp Google Disney Uber TCS 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 RECENT INVESTMENT 280K ft 2 140K ft 2 20K ft 2 20K ft 2 24K ft 2 + 100 JOBS ATC 500+ employees and Expansion for web Expanded into For its Oculus virtual Acquired Avere Systems R&D hub for driverless car 280K ft 2 engineering services, machine 20K ft 2 space in reality research center focusing on cloud-based technology—partnered offjce in Larimer translation and Alexa the Strip District high-performance computing with Carnegie Mellon $72M + 242 JOBS 200K ft 2 HQ 52K ft 2 $32M + 50 JOBS $1B 600 JOBS Expanding into a new, Regional HQ for 1,250 Expanded Advanced New Center for Additive Invested in Pittsburgh 600 permanent 122K ft 2 , fjve-story facility employees in East Liberty Technology Center Technology Advancement startup Argo AI for jobs with completed on North Shore in the Strip District for development & training autonomous vehicle R&D petrochemical complex PITTSBURGH IS $8.7 BILLION TOTAL MORE THAN 350 OF THE HEADQUARTERS INBOUND M&A WORLD’S MOST INNOVATIVE TO 13 FORTUNE OF PITTSBURGH COMPANIES HAVE PARTNERED 1000 COMPANIES. COMPANIES 2008 – 2017. WITH CARNEGIE MELLON.

: QUALITY OF LIFE OUTDOORS #2 Most Livable City —TribLIVE SPORTS CULTURE Pittsburgh has a legacy of investment in parks, trails, OTHER libraries, museums, venues, programs and infrastructure. 30 19 3 24 STATE PARKS CONCERT WORLD-CLASS 15,000 PUBLIC WITHIN 100 MI. VENUES TEAMS LIBRARIES ACRES PUBLIC PARKS $ 1,100 61˚ /42˚ 6 #1 $1B 5 AVERAGE APT. AVERAGE RENT 1 SUPERBOWL TEMPS DIRECT SPENDING WORLD SERIES CULTURAL RINGS ON THE ARTS TITLES SPENDING / YR 27 MINUTES AVERAGE 1,500 32 COMMUTE 700 400 5 $135K PERFORMANCES MILES SETS OF WORLD-CLASS MEDIAN HOUSE PER YEAR STANLEY CITY STEPS TRAILS MUSEUMS PRICE 3 CUPS : CONNECTION Nonstop Destination Duration ATLANTA 1 hr 40 min Accessible and strategic with a strong physical infrastructure: Pittsburgh is a BALTIMORE 1 hr smart destination for businesses. BOSTON 1 hr 30 min CHARLESTON 1 hr 30 min CHARLOTTE 1 hr 30 min PITTSBURGH IS 74 DIRECT 1.5 HOURS OR WITHIN 500 MI. FLIGHTS WITH LESS TO N.Y., CHICAGO 1 hr 30 min OF 48% OF U.S. MORE ADDED CHICAGO, D.C. DALLAS 3 hrs BUSINESSES. EVERY YEAR. AND BOSTON. DENVER 2 3 hrs 30 min DETROIT 1 hr 15 min HOUSTON 3 hrs LAS VEGAS 4 hrs 30 min LOS ANGELES 5 hrs 15 min MIAMI 2 hrs 45 min MINNEAPOLIS 2 hrs 15 min NASHVILLE 1 hr 30 min NEW YORK 1 hr 30 min NEWARK 1 hr 30 min ORLANDO 2 hrs 15 min PHILADELPHIA 1 hr 15 min PHOENIX 4 hrs 30 min RALEIGH 1 hr 30 min SAN FRANCISCO 5 hrs 30 min SEATTLE 5 hrs 30 min ST. LOUIS 1 hr 40 min PIT: 2017 Airport TORONTO 1 hr of the Year WASHINGTON D.C. 1 hr —Air Transport World

: PITTSBURGH IS WORLD-CLASS REGIONAL COLLEGE DEGREES STARTUP GROSS DOMESTIC R&D INVESTMENT UNIVERSITIES AWARDED ANNUALLY INVESTMENT 2017 PRODUCT 2017 2 2 UNIVERSITY 2 CORPORATE & GOV 2 60+ 45,000+ $687M $139B $1B+ $2B+ ... AND AFFORDABLE One of the Most Afgordable Places to Live in the U.S. —U.S. News & World Report PITTSBURGH HAS Averages 2Q 2018 Pittsburgh SF 3 ROOM TO GROW. TECH TALENT WAGE $83,117 $125,438 SUPPORT SALARY $51,563 $72,118 650K BUILT CAPACITY OFFICE RENT $22.02 ft 2 $62.73 ft 2 INDUSTRIAL RENT $5.68 ft 2 $16.18 ft 2 CURRENT POPULATION 300K COST OF LIVING INDEX 0.94 1.57 MEDIAN HOUSE PRICE $135K $957k : STRATEGIC SECTORS $ FINANCIAL & ADVANCED INFORMATION HEALTH CARE & BUSINESS SERVICES MANUFACTURING ENERGY TECHNOLOGY LIFE SCIENCES • Electrical equipment • $1B in energy-related • Corporate support • Robotics • Medical devices R&D funding • Industrial machinery • Legal services • Artifjcial intelligence • Regenerative medicine • National Energy • Nanotechnology • Mortgage servicing • Cybersecurity • Tissue engineering Technology Lab • Precision machining • Transaction processing • FinTech • Diagnostics • Marcellus Shale • Specialty chemistry • Employing 230,000 • Machine learning • Transplants Coalition (PA-OH-WV) people at approximately • Specialty metals • Big data • More than $750M spent • Energy Alliance 15,000 fjrms on academic Life of Greater Pittsburgh Sciences R&D annually SOURCES 1 CBRE Scoring Tech Talent 2018 (mapping.cbre.com/maps/Scoring-Tech-Talent-2018/Analyzer) 2 ACCD Market Research, 2018 3 Pittsburgh Regional Alliance, 2018 One America Works helps connect innovative companies with cities that can best support their growth. Tell us about oneamericaworks.org your company at pittsburgh@oneamericaworks.org .