Looking for the next big city for a commercial, hotel, retail, or other building investment? Finding the next up and coming city offers many advantages for investors, especially as the price of property in big cities, such as San Francisco and New York, skyrockets.
PricewaterhouseCoopers U.S. (PwC) and the Urban Land Institute (ULI) took a look at five metropolitan areas that will see a big 2015 for overall real-estate prospects.
While popular cities for real-estate investments usually lie on the coasts of the country, this list featured a few surprises that could help building owners intelligently invest in the New Year.
Investors may find a diamond in the rough looking at Middle America or find that a more expensive city is worth more than the cost of investment. For those who manage buildings, this could mean a building and construction boom in these cities, which will certainly mean more jobs for building professionals.