Markets are very busy and intensely competitive. People are searching for new places and creating new markets for better investments and business opportunities. This is the main reason why already existing mega centers are less attractive for people as well as for investors. They are too busy creating new possibilities. This is why some countries are focusing on creating new opportunities, and new regions to provide society with new future perspectives.
One of the great examples is West Valley, which is now considered a fast-growing area and one of the best places for new business investments. This new region is special with its great urban planning, high-quality housing, and neighborhood. Great living possibilities with all the resources people need.
In recent years, the whole attention of new businesses and investments has been to the West Valley. This is why it has grown very fast and become leading in the region. According to current data, 1.7 million people live in the West Valley, where 63% are acceptable for workforce age. As the president of WESTMARC claims, the last 12 years were the essential period for the region because the quality of education, as well as the workplace, significantly increased.
Experts say that if the population growth is maintained with the current rhythm, by 2030, West Valley will have more than 2 million people, which is a great result compared to the other new cities.
You may think, what is the specialty of this region? More new cities, especially in Asia, which are featured with specific special features, but West Valley is just an ordinary American region.
The main specialty is the aim of managing the region. The central focus is to attract more investors and implement more businesses in the West Valley towns. This is the key strategy for how the relevant competencies are trying to reach a high level and quality of living in the West Valley. If the quality of living is high and the region has all the needed resources, more and more people will move into the West Valley and the population will grow.
According to the current situation, we can clearly see that the mentioned strategy and aim effectively work. West Valley is rising very fast and attracts more people as well as businesses. Most businesses in the trading and technological sectors are interested. This is why prestigious brokers are suggesting trading with this region’s assets. About one of them, you can check the detailed information in the OspreyFX broker review.
Because the region faced enormous success, many experts think that the current decade will make the West Valley even more successful. Before we outline what are the main reasons and results of the West Valley development, let’s take a look at the current situation.
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The Current Situation In West Valley?
In the last 6 years, many large businesses have started operating in the West Valley. For example, Lord, which is one of the most prestigious tech-based companies in the world, is building a data center campus in 2020. It also needs to be mentioned that in 2019 one of the largest medical companies started investing in West Valley cities. One of them was AKOS which built a high-class and large medical office. These investments created more 1 000 employment opportunities in 2019.
Also, according to local research, most of the residents have degrees in higher education. Currently, the region is working to build Estrella Mountain Community College with diverse educational programs, labs, and other essential services. The aim of building this massive college is to prepare the new generation for future workplaces.
The huge investment which led to other investments was from Taiwan Semiconductor Manufacturing Company. Also included Phoenix children’s hospital, Sports Medical Center, and great colleges. This is why because of the high demand of the population, 8 000 houses are planned to be built in the nearest feature. It is significant to mention that income per household has importantly risen. In the recent period, it increased from 70 000 USD to 100 000 USD. This means that West Valley is attractive to those who have a high annual income.
Why is the West Valley Attractive For Investors?
As we mentioned, the focus on creating a great quality of living in the region was the main reason why West Valley became very popular in a short period. The priority was not only a single sector, but everything including education, employment, entertainment, healthcare, and others. As the central competencies say, the main reason for this hard work and the reason for success are priorities such as patience, planning, and leadership. This is the key to the incredible improvement of the West Valley.
It is needed to mention that the other regions are actively collaborating with West Valley. The mayors have monthly meetings where they discuss new opportunities, current analysis, and other significant issues.