Charting the 'Urban Shift' Among Technology Start-Ups

Once upon a time, tech start-ups located almost exclusively in the suburbs. New data reveals the extent to which this pattern has been reversed.

Richard Florida analyzed the urban shift in America’s start-up economy for a report from the Martin Prosperity Institute. He found that in seven out of 13 metropolitan areas, more than half of venture-capital funds went to businesses located in city centers or the walkable suburbs.

Why the switch from the suburbs to downtown? Florida identifies several factors. First is the tendency of talented workers to cluster in urban areas. Then there’s the efficiency factor: dense areas enable companies to offer workers more amenities for less. Finally, the fact that so much of today’s tech is based in the virtual world means that it no longer requires large campuses.

Full Story: The Urban Shift in the U.S. Start-Up Economy, in One Chart


Prepare for the AICP Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $199
Planetizen Courses image ad

Planetizen Courses

Advance your career with subscription-based online courses tailored to the urban planning professional.
Starting at $14.95 a month
Women's t-shirt with map of Los Angeles

City T-Shirts for the ladies!

Women's Supersoft CityFabric© Fashion Fit Tees. Now available in six different cities.
DVD Cover of The Story of Sprawl

The Story of Sprawl

See how America changed shape in this collection of historic films that visually document how sprawl evolved.
$29.99 for 2-DVD SET