Fresh off of the Holidays I have once again been reminded how quickly our horizons have changed here in Central Iowa and in the Des Moines Metro area. Every year friends and family return home for the holidays from all corners of the United States. They come from huge Cities like Seattle, New York, Boston, Chicago, Dallas and the one common thing they all have to say is "where are all of these people coming from?" Most are referring to the thousands of homes that have been errected since the last time they were home and many of them refferring to the size and price tag of many of those homes.
For the first several years I would always reply, I don't know. Now I am finding out...
Banking and insurance jobs account for about 15% of our area's total non-farm jobs. Percentage-wise, this is even higher than Hartford, Connecticut, long known as an insurance capital. Companies are finding that Des Moines is a great place to recruit employees and is a great place to raise a family. The recent expansion of Wells Fargo specifically is highlighted by the 960,000 square-foot office campus they have recently completed in West Des Moines. Between that and the 360,000 square-foot building that went up in Des Moines, Wells Fargo will have increased their workforce in the area from 5,000 in the year 2000 to over 11,000 employees.
Well it is no wonder then where these people are coming from. They are coming from Seattle, New York, Boston, Chicago and Dallas...
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