Cedar Park Ranks 7th Amongst Fastest Growing Cities in America


Cedar Park Ranks 7th Amongst Fastest Growing Cities in America

Cedar Park has quickly become one of the fastest growing cities in America. According to the most recent data released in May 2020 by the U.S. Census Bureau, Cedar Park is the seventh fastest-growing large city in the U.S. From 2010-2019, the city’s population expanded to 79,462, a 44.2% increase. This steady growth is fueled by several large companies that call Cedar Park home, such as: Firefly Aerospace, Cedar Park Regional Medical Center, ETS-Lindgren, National Oilwell Varco, and BHI amongst others.

Skilled Workforce

Cedar Park’s access to a talented workforce has become a blueprint for success. Within 10 miles of Cedar Park, over 25,000 individuals are employed in math and technology fields. The emergence of high-tech firms in the surrounding area has helped make Cedar Park an attractive destination for both employers and employees looking to be part of a vibrant and growing region. And the many colleges and universities in close proximity to Cedar Park that bring students from around the world are another great resource for attracting skilled workers.

Affordability and Exceptional Environment 

Aside from the talented workforce that calls Cedar Park home, the cost of doing business also makes our city an attractive place to open a new venture or relocate an established company. With a low tax burden and competitive regulatory environment, Cedar Park ranks high amongst similar landscapes throughout the country. Our diverse offering of office and flex space provides ample opportunities for businesses to open in the area. Additionally, Cedar Park’s proximity to Austin and the Texas Hill Country gives residents easy access to an abundance of outdoor activities.

Development Across the Board

Cedar Park’s growth has enabled it to become one of the best cities in Texas for new business development. Over the past five years alone, Cedar Park has seen a considerable amount of new corporate offices and headquarters in city limits. These developments include businesses in the fields of software development, healthcare and biotechnology, clean technology, advanced manufacturing, and defense and aerospace. With great resources for residents and business owners alike, new mixed-use development projects, such as Bell Boulevard, Presidio, and Indigo Ridge, will continue to provide exceptional options to live, work, and play in Cedar Park.

  • Bell Boulevard is a 50-acre project being carried out by RedLeaf. Upon completion, the mixed-use development is anticipated to include approximately 16 acres of greenspace, a new library, park and social hub, in addition to restaurants, multiple blocks of high-density residential, some with ground-floor retail, and professional office space.
  • Presidio is a mixed-use project with over 100 acres in development by Riverside Resources. With phase one and two already complete, this project includes more than 100,000 square feet of office space, urban lofts, restaurant and retail space, and a corporate campus.
  • Indigo Ridge is a 1.5-billion-dollar development that will be anchored by the United States Tennis Association (USTA) – Texas Headquarters. This project is anticipated to include 1.7 million square feet of office space, 240,000 square feet of retail offerings and 440,000 square feet of hotel space.

Cedar Park has made bountiful strides over the past decade in economic growth and has become one of the fastest growing cities in America. This has correlated to a sustainable workforce, a high quality of life for residents and new opportunities across various industries. If you’re ready to learn more about how Cedar Park can help with starting a new business or relocating your existing business, contact us today.