Downtown Austin Alliance & Capital City Innovation Release Innovation District Market Analysis

Technology, healthcare, and life sciences are converging in Austin’s Innovation District to create a hub of health innovation and economic growth.

Released late January, a market analysis commissioned by the Downtown Austin Alliance and Capital City Innovation shows that over the next 10 years, the Innovation District has the potential to create 2,800 new permanent jobs and add $800 million to the economy.

The Innovation District leverages our city’s strong economy and technology ecosystem to create a vibrant, inclusive district benefiting the entire region.

Highlights of the Market Analysis Findings:

  • $800 million in economic output

  • 2,800 new, permanent jobs

  • 27% increase in jobs accessible to those without a college degree

  • 53% increase in land value

 

Our work is made possible by our founders and supporting sponsors. See who is fueling Austin’s Innovation

 

Victoria O'Dell, Program and Communications Manager, Capital City Innovation
As program and communications manager of Capital City Innovation, Victoria facilitates channels for collaborative work around Austin's emerging Innovation district in downtown Austin and beyond. Previously, she was a freelance designer working with non-profits, small businesses, and startups across Austin.

Follow Victoria on Twitter @victoria_odell

 

Vic