I hate to rain on the Phoenix good news parade and that “Phoenix on the rise” video…
There’s a story circulating around on all of Phoenix’s social media channels about Yahoo! News’s Katie Couric focusing on Phoenix. I even watched it, because self-denial or something like that. It’s got all of the local players you’d expect in it, because they’re the Very Serious People in town.
And all of what was said in the video may be true.
But what Phoenix’s leaders are forgetting at best (or ignoring at worst) is that this isn’t a competition about Phoenix in 2017 vs. Phoenix just after the Great Recession. Navel gazing doesn’t make our city better; it lets other cities pass us while we congratulate ourselves over smaller accomplishments. It’s Phoenix vs. our peer cities both in the United States and around the world. So it’s not just Phoenix vs. Seattle, Denver, Minneapolis, or Philadelphia, it’s Phoenix vs. Melbourne, Brasilia, Johannesburg, Stuttgart, and Osaka. These are all things that I’ve said before.
Let’s deconstruct one of the points of the
P.R. piece very serious journalism: that Phoenix is the “next big tech hub.” Again, it may be compared itself a few years ago. But a landmark study commissioned by the real estate conglomerate Cushman and Wakefield, Tech Cities 1.0: An Interactive Look at Metrics and Cities to Watch, Phoenix didn’t make the top 25, despite being the 5th largest city by population and the 12th largest metro area by population. In in a passing bullet point on a piece on Tech Cities 1.0, cities are assessed on the quality of their institutions of higher learning, supply of tech workers, amount of venture capital, skilled knowledge workers, and entrepreneurial growth engines. Phoenix isn’t mentioned except CityLab by Richard Florida: “Phoenix ($269 million), which is not on the chart above, attracted more venture capital investment than Baltimore ($254 million).”
Is it nice that Phoenix is getting attention? Probably. But while attention is nice, we have to remember that we have a long way to go to break even with our peer cities nationally and internationally.