-Area cited as favorite location due to low unemployment, steady home prices, diversifying economy and quality of life-

ROANOKE, Va. (October 28, 2009) – The Roanoke Region has been named the favorite location by editors of Business Facilities, a national publication for site busmf1_1.bmpselectors and economic development officials.

In its October cover story, the 43,000-circulation journal cited the region’s low unemployment, rising home prices, diversifying economy and quality of life.

“The Roanoke Region jumped to the top of the list because, in a time of flat-lining economic indicators, every arrow … is pointing in the right direction,” the magazine wrote. “Roanoke, VA also stands out because it is successfully diversifying its economic base while maintaining a charming, comfortable quality of life that glows with old-fashioned hospitality.”

The article cites the Virginia Tech Carilion School of Medicine and businesses such as LiteSteel Technologies, TMEIC GE and Synchrony for leading the region’s economic transformation.

A digital version of the magazine, with the complete story, can be viewed Here.

It was the second time this year the Roanoke Region was prominently featured in a national magazine. The region also has been profiled in US Airways magazine for Roanoke, VA as well as The Wall Street Journal, USA Today, Southern Living and other publications.


ABOUT THE ROANOKE REGIONAL PARTNERSHIP

The Roanoke Regional Partnership was founded in 1983 as a regional economic development organization for the greater Roanoke area that includes Alleghany, Botetourt, Franklin and Roanoke counties plus the cities of Roanoke and Salem and the town of Vinton. Its program of work includes image building, asset development, and business recruitment. The Partnership has been involved in business locations and expansions that have created more than 13,600 jobs and $1.3 billion in investment in real estate and equipment. To learn more, please visit www.Roanoke.org.

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