Kiplinger.com names two Florida cities – Jacksonville and Orlando – to its list of 11 comeback cities in 2011. According to the website, 2011 will see a “dramatic turnaround – new investment by businesses, growth in the number of jobs and a reblooming of hope” in the noted cities.
The website did not list the cities in any particular order.
Orlando
Kiplinger predicts that Orlando employment will increase by 3 percent this year. It points to an improvement in tourism for the vacation destination, but also points to the growth of a “life science cluster of medical care and research.”
Jacksonville
Kiplinger expects job growth of 2.8 percent this year. It points to increased demand from financial service firms, hotels, health care, restaurants and warehousing.
Other cities in the top 11 for a turnaround include:
• Charlotte, N.C.
• Chattanooga, Tenn.
• Flint, Mich.
• Las Vegas
• Nashville, Tenn.
• Phoenix
• Portland, Ore.
• San Jose, Calif.
© 2011 Florida Realtors®
