Tucson offers relatively low commercial real estate costs compared to many other metropolitan areas, making it more feasible for businesses to establish or expand operations.
Lower Operating Costs
The cost of utilities, such as electricity, water, and gas, tends to be lower in Tucson than in larger cities, reducing overhead expenses for businesses.
Competitive Wages
The cost of living in Tucson is generally lower than in many other major cities, which often translates to more competitive wage rates for employees and lower labor costs for businesses.
Business Incentives
Tucson and the state of Arizona offer various tax incentives, grants, and other financial assistance programs to attract and support businesses, reducing the overall cost of doing business.
Transportation
Tucson's strategic location and comprehensive transportation infrastructure—including Interstate 10, major rail lines, and an international airport—facilitate efficient movement of goods and people, thereby reducing logistical costs for businesses.
Supportive Business Environment
Tucson fosters a supportive business ecosystem with access to resources such as business development programs, industry clusters, networking events, and mentorship programs that can help businesses minimize costs and accelerate growth.
CBRE identified Tucson in the top...
15
Tech Talent Markets due to its strong labor market and growth opportunities for companies.
