In the decade since the financial crisis, the US has experienced a major power shift. The post-recession economic recovery has removed major international cities as the key drivers of economic growth, with ambitious start-ups and SMEs increasingly finding themselves priced out of such areas. Instead, smaller communities have come to prominence, being flexible enough to encourage and reward business investment and push growth single-mindedly.
In this regard, the Orange County coastal city of Newport Beach in California is one of the country’s leading examples. Situated only an hour’s drive away from both Los Angeles and San Diego, Newport Beach offers businesses all the advantages of these two international cities, while also demanding much lower rates. That said, this state of affairs is not permanent; with Newport Beach home to Fortune 500 giant Pacific Life and household names PIMCO and Jazz Semiconductor, it won’t be long until competition intensifies and drives up prices. It’s definitely worth beating the rush to get set up now, in order to be beneficiary of this growth.
With a convenient central location and affordable rates, the John Wayne Airport Center offers fully equipped meeting areas and conference rooms, ready to be adapted to suit your company’s requirements. Alternatively, be sure to consider the Birch Street Business Center as well.
In addition to meeting rooms, our business centres in Newport Beach also include virtual offices are ideal for establishing your company with a recognisable business address. Alternatively, small companies that don’t want to invest in a whole office can enjoy sociable working in our co-working spaces.