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Naples a top city for corporate headquarters post-pandemic

Laura Layden | Naples Daily News

Move over New York and Chicago. Step aside San Francisco.

A new study names Naples as a top city for corporate headquarters post-pandemic.

The Boyd Co., a corporate site selection consultant based in Princeton, New Jersey, conducted the national study.

The results reflect the “new normal” of remote work and the growing “fiscal and quality of life challenges” in more traditional hubs for head offices, such as “The Big Apple.”

What factors did the study look at?
The study included an examination of annual operating expenses and a review of state tax structures.

The cost analysis is based on operating a new, top tier Class A, 75,000-square-foot corporate headquarters, with 200 administrative support workers, from top to bottom.

The estimated outlay in Naples: Roughly $19.2 million a year.

That compared to more than $21.1 million in Everett, Washington, the most expensive to operate in, and less than $17.8 million in East Brainerd, Tennessee, the cheapest – among the top cities named in the study.

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