Christa Huffstickler, of Engel & Völkers Atlanta, Says Affordability Is a Major Factor in This Emerging Trend. Other Factors Common Among Drawcard Cities Include Milder Climates, Looser Regulations and Incentives That Fast Track Start-Ups.

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Huffstickler Says the Development Has Attracted a Swathe of Tech Talent to Buy. “They Are Interested in 40 West 12Th Because of Its Prime Location at the Heart of Atlanta’s Most Desirable Neighbourhood for Silicon Valley Defectors, ” She Said. “Buyers Want to Be at the Centre of the Action and Close to Their Workplaces, and Choose 40 West 12Th for Its Unique, Hyper-Urban Lifestyle Merging Walkability, Spacious Floor Plans and Panoramic Views. ”

Dallas and Houston, Texas

Cindi Caudle, of Briggs Freeman Sotheby’s International Realty, Has Seen a Similar Trend in Texas. “The Influx of Residents from California and Other Gateway Cities to Dallas Fort Worth (Dfw) Is Largely Due to Corporate Relocations to the Region, as Companies Have Been Drawn to Dfw’s Pro-Business Climate, Central Location and Attractive Cost of Living for Their Employees, ” She Said. “Texas Overall Is Currently Seeing Several Major Relocations in the Tech Industry, Including Tesla, Hp and Oracle, and We Expect More to Follow. ”

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A 17,000 Sq Ft Amenity Level Includes Outdoor Terraces, Resort-Style Pool, Private Dining Room with Climate-Controlled Wine and Full Catering Kitchen, Private Dog Park and Grooming Station, 24/7 Valet and Concierge.

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In Arizona, Developer Banyan Residential Is Constructing Scottsdale Entrada, One of the Largest Mixed-Use Developments in the Phoenix Area, Bringing 250,000 Sq Ft of Office Space, 8,000 Sq Ft of Retail and 735 Flats to a Formerly Unutilised 13.35-Hectare Lot. Phase 1 (220 Units) Will Be Completed in June 2022, Followed by Phase Ii (515 Units) in Mid-2023.

Finally, for Tech Talent Flocking to Florida, Where the Millennial Population Is Growing 13 per Cent Faster Than in the Us as a Whole, and the Likes of Rapid7, Fast and Reliaquest Are Present, Water Street Tampa Has Created a 15-Minute City. Developed by Spp, the 22.66-Hectare District Includes 1,300 New Homes Catering to a Variety of Residential Lifestyles – from Hotel-Branded Condominiums to Highly Amenitised Rental Flats to Extended-Stay Hotel Options – Intended, the Developer Says, to Support the New Commercial Spaces and Influx of Top Tech Talent.

Inside This Us$34M Florida Penthouse – Listed by Selling Sunset’s Christine Quinn

One of 64 Luxury Condos at 40 West 12Th in Midtown Atlanta, Us. Manhattan-Style Resident Amenities Include an Outdoor Terrace, Shared Event Lawn, a Hotel Pool and Bar, as Well as Private, Resident-Only Grilling Stations and Lounge Areas. Residents Can Also Access a State-of-the-Art Fitness Centre with a Yoga Studio, and an All-Season Pool Linking to Scenic Terraces.

Is Silicon Valley No Longer Start-up Central in the Us? 5 Southern Cities Drawing Tech Companies Like Tesla and Apple Away from California to Texas, Georgia, Arizona and Florida

By Elena Rostova

• Oct 8, 2026 • 6 min read

Is Silicon Valley No Longer Start-up Central in the Us? 5 Southern Cities Drawing Tech Companies Like Tesla and Apple Away from California to Texas, Georgia, Arizona and Florida

Direct Answer • Key Takeaway

How China’s ‘Silicon Valley’ Shenzhen Stacked up More Billionaires Than the Us

Elena Rostova

Lead Health, Wellness & Medical Journalist

Elena Rostova holds a Master's degree in Public Health Journalism. She covers groundbreaking medical research, holistic wellness trends, mental health awareness, and nutritional science.

Tags: silicon valley no longer start central us 5 southern cities drawing tech companies tesla and apple