A handful of Silicon Valley companies are relocating or expanding their presence in Tempe.

The city, especially the area around Tempe Town Lake, has become a magnet for technology companies, financial institutions and cybersecurity firms from northern California.

Tempe, in particular, is attractive because of its central location in the Valley, access to the airport, and educated population, officials say.

Mayor Mark Mitchell, in a written statement, attributed the influx to “the availability of a highly trained workforce, a lower cost of doing business and a tremendous quality of life.”

Read More