Downtown Baltimore saw job growth last year

February 8, 2011

downtown baltimoreGreat news for the downtown Baltimore area. The Baltimore Sun is reporting that last year saw a job growth of 6 percent in the downtown area.

The employment gain was due to the improving economy, and was the first gain in three years. In fact, it’s a faster pace of employment growth than the city overall, the story says.

Surely, the managers and owner of any company that is large enough to need an office space debates about the best place to set up shop — downtown or the suburbs? Both have advantages: Downtown businesses can take advantage of nearby restaurants and services, but the suburbs are were the people, and more parking, tend to be.

In Baltimore’s case, one local business head says:

“The heart of the business community is downtown, and to be part of and have greater access to the city and the major financial center that’s downtown is consistent with the firm’s strategy to be where those centers exist,” said Art Yonowitz, managing director and head of the tax practice for RSM McGladrey in Baltimore. “It feels like the economy is starting to upswing a little bit and more jobs coming into the city doesn’t surprise me.”

What do you think? Are businesses on the reverse swing of the pendulum, and will they start moving back into our nation’s downtowns? And if you work in downtown Baltimore, what are the good and bad points? We’d love to hear your thoughts.

This post is brought to you by Dale Carnegie Training of Maryland and the DC Metro Area. We would love to connect with you on Facebook and Twitter.

Image courtesy of David Davies via Flickr
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