Many cities have struggled post-pandemic. And, with talk of a looming recession, it's not always easy. But, Tempe is booming. Why?
Many cities have struggled post-pandemic. And, with talk of a looming recession, it's not always easy.Tech is growing rapidly – but so are restaurants, retail, and hospitality – in Tempe. They all continue seeing growth.Voodoo Doughnut, based in Portland, is opening its first Arizona location on Thursday, Sept. 7 in Tempe. We have more on what you need to know.
"We have a lot of corporate offices along Rio Salado. So, you’ve got a lot of larger players like Caravana, State Farm, and Open Door. We still have a decent amount of health care. There’s financial tech that’s growing as well, manufacturing is still a pretty good space," said Colin Diaz, president, and CEO of the Tempe Chamber of Commerce.
Diaz says new businesses tend to shy away from college towns, making Tempe, home to ASU, quite unique."I always ask the businesses a question. What keeps them up at night? It’s oftentimes finding and retaining a qualified workforce," he said. That's where Arizona State University and Rio Salado College step in by providing an educated workforce.
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