The City of Phoenix is the 5th largest city in the United States and most populous state capital. Phoenix has led the nation in population growth for four consecutive years. The city is ranked 5th in the nation by CBRE as an emerging life science market. Currently, more than $3.25 billion in bioscience healthcare capital investment is under construction or awaiting plan approvals. The surge in bio- and life science facilities will add more than 5 million square feet of new facilities and create over 8,000 jobs. Phoenix’s strengths are in bioscience healthcare, advanced manufacturing, technology, and business and financial services. The city has been cited as one of the best markets in the U.S. for entrepreneurship and finding a job.