Business Facilities - August 2008 - (Page 45)

So universities and business schools that put an emphasis on finance courses are a must, as are locations that have a number of securities law firms, accounting firms and other services the help financial centers thrive. Although information can be gathered on the Internet from any location, financial services require a large amount of face time to complete transactions. And as with any location choice, when finding a location for your financial services corporation, the best economic development incentives are always a factor. Here are some locations that are rolling out the red carpet to attract financial services firms. created division called Capital One Home Loans that would eventually employ 900. Another financial services firm, Ace Mortgage Funding, the ninthlargest mortgage broker in the country, opened a regional processing center in 2007. Ace Mortgage Funding found affordable space in one of Overland Park’s Class A office properties. Overland Park has more than 21 million square feet of office space with average rental rates ranging from $18 to $20 per square foot. Within the financial services industry, securities and investments are related segments that have continued to grow with the presence of Overland Park, KS: Midwest Business Leader Overland Park, KS, located in Johnson County, has been a premier corporate location in the Midwest for nearly 40 years. This suburban community on the southwest quadrant of Kansas City has seen its population more than double since 1980 to 173,225 in 2008. Within the financial services industry, corporate giants like Wells Fargo, AIG, ADM, MetLife and Chrysler all have operations Overland Park. The community’s centralized location, breadth of commercial office space, low-cost of living despite high-quality residential developments, and smart and skilled workforce all combine to create a community perfect for financial services firms. As a result, the financial services industry has become a major factor in the growth of Overland Park. This growth has been strengthened by recent relocations and expansions. In 2005, Capital One Financial Corp. purchased the locally based eSmartLoan.com. Initially, several states were considered for the newly A S P E C I A L A D V E RT I S I N G S E C T I O N O F B U S I N E S S FA C I L I T I E S Great business climate, great schools, low taxes, strong workforce, planned growth – they all contribute to making Overland Park the leading suburban business community in the Midwest. www.opedc.org e leading suburban business community in the Midwest. #3409 at www.BusinessFacilities.com 45 http://www.opedc.org http://www.opedc.org http://eSmartLoan.com http://www.BusinessFacilities.com

Table of Contents Feed for the Digital Edition of Business Facilities - August 2008

Business Facilities - August 2008 Contents First Word Snapshots Corporate Moves: Florida Economic Development 2.0 Everything's Big in Texas Aerospace Sites: Poised for Takeoff The Nebraska Advantage Metro Spotlight: Cullman, Alabama Special Focus: Louisiana Industry Focus: Financial Centers Advertiser Index Inside LiveXChange

Business Facilities - August 2008

For optimal viewing of this digital publication, please enable JavaScript and then refresh the page. If you would like to try to load the digital publication without using Flash Player detection, please click here.