Many come to the beautiful area of Prescott to savor its warm and relaxing environment. Business locates here because it pays. Growth in the area has steadily increased over the past 10 years and business owners, investors and entrepreneurs looking for new opportunities find Prescott a welcome change from the big cities. Located approximately 90 miles from Phoenix, AZ Prescott offers convenience without the traffic and heat.
Economic indicators Sales tax revenue up 5.6% YTD (through Mar.); Lodging tax up 4.9% YTD (through Apr.), Cost of Living Index (1st quarter 2007): 105.4 (national norm of 100.0) Unemployment (May 2007): Prescott - 2.7%; YavapaiCounty - 3.1%
Many have taken note of Prescott's desireable environment.
Prescott is Ranked:
• National Geographic Adventure Magazine named Prescott as one of its Top Adventure Towns in their October 2009 issue. • Trail Runner Magazine has named Prescott one of the seven Top Trail Towns in their October 2009 issue. • 3rd Best Metro for Job Creation by the Milken Institute's 2005 Best Performing Cities Index (out of 179 smaller metros) • One of Top 5 Places to Retire by Money Magazine • In the Top 20 Medium Community Hospitals by Solucient, a National Leader in Healthcare • One of "7 Great Places to Live" by Bottom Line • 3rd in the Country (all metro markets) by INC. Magazine for job growth and economic vitality • Top "Green" Arizona City by Sperling's Best Places • One of 100 Best Communities for Young People by America's Promise
Major corporations have found Prescott to be a favorable place to do business. Wal-Mart currently boasts 2 stores in Prescott and a third on the way in Prescott Valley. Loew's recently broke ground and is building its first facility in the area.
Prescott is rich in Arizona history and tourist traffic remains consistently high especially during the summer months when many activities occur in the downtown area such as the Frontier Days Rodeo and Parade. There are local hotels and motels to accommodate the traveler but demand remains high and hotel owners have seen Prescott as a valuable place to locate. Hampton Inn, Holiday Inn Express, Forest Villas and Spring Hill Suites by Marriott are just a few of the hotels doing business in Prescott.
In addition to all the fine large and small businesses in the community Prescott has added a WestCor shopping center to its landscape. Sears, Dillards, JC Penney, World Market, Barnes and Noble, Best Buy and a variety of smaller shops and food vendors fill the grounds. The Room Store is currently under construction and will soon open its doors. Additional pads are available. For more information contact David.
For more information about Prescott check out the following links:
