Medical and Biotechnology
The City’s Medical District is the premier location for medical and biotech business growth in the southeast. The City’s three hospitals contain 40% of the metro area’s hospital beds, and generate services for multiple outpatient centers and support services. This critical mass of Atlanta’s medical community generates demand for additional biotech companies, medical technology and related services.
- Sandy Springs contains 40% of metro area hospital beds.
- The district generates 25% of jobs in Sandy Springs.
- Atlanta’s higher education institutions develop the talent that feeds the local bioscience industry, ranking 7th among the largest U.S. metros in biological/biomedical science degrees awarded, total college enrollment and total degrees awarded.
Business Services and Logistics
Location, Location, Location. With extensive local road access to Interstate 285, Georgia Highway 400 and access to 3 MARTA stations, Sandy Springs makes a great choice for business service providers. Perhaps that is why Sandy Springs has one of the highest ratios of Fortune 500 companies per capita in the U.S., including the worldwide headquarters for UPS and Newell Brands.
Companies are drawn to Sandy Springs for the City’s ready access to markets, educated workers, and low taxes. In addition, Sandy Springs' high quality of life appeals to both executives and employees: mild winters, metro Atlanta’s urban amenities, tree-lined neighborhoods, and national river corridor.
Here's a sample of companies headquartered in Sandy Springs:
- With Hartsfield Jackson-International Airport only 30 minutes away, your company can enjoy direct access to 150 U.S. destinations and 75 international destinations in 50 countries.
- Metro Atlanta is a key gateway for global business, offering both the international diversity and unparalleled access to make meaningful worldwide connections. Sandy Springs is at the forefront of international business, with a diverse population and three consulates.
- One of highest ratios of Fortune 500 companies per capita in the U.S.
- Forbes ranked the City as one of America’s Top Towns to Live Well.
- Over 62 percent of workforce with bachelor's degrees or higher.
- 27-million-square feet of office space with 90 percent occupancy.
- Over 6,000 companies.
- Fortune 500 companies including: Newell Brands, UPS and First Data Corporation.
- 123,000+ employees.
- $3.36 billion commercial real estate value.
- The largest office market in Metro Atlanta and one of the region’s largest employment centers.
From information security to processing financial transactions, the metro Atlanta area is now recognized as one of the top three locations for technology companies. And Sandy Springs is at the center of this growth, due to the access of a highly-educated workforce and the transportation infrastructure to get them to work.
Through the City’s Incentive Programs $21.6 million in private sector capital investments were announced in 2018 and 2019, which will create over 400 jobs by the end of 2021.
Tech Companies Headquartered in Sandy Springs:
- Metro Atlanta has a large IT, software and financial labor force and competitive wages compared to competitive markets. Due to Sandy Springs' location at the intersection of Georgia 400 and Interstate 285, the potential labor pool can be accessed easily.
- Approximately 37 percent of Sandy Springs residents have a bachelor’s degrees or higher, well above the average for metro Atlanta.
- Top ranked programs supporting the tech industry:
The large number of Fortune 500 firms, technology companies, the Medical District, and Perimeter Center shopping creates a strong market for goods and services from small businesses. High incomes of residents in the area also increase likelihood of retail, restaurant, and other small business success.
The City has and will continue to see significant public and private investment in new City Springs, Roswell Road Corridor, Perimeter Center, and elsewhere that can enhance and stimulate small business growth.
- Sandy Springs is one of the most affluent communities in the U.S., with over 16 percent of households with incomes above $200,000. The City’s median household income is $70,920 compared to US average of $57,652 in 2017.
- 20 percent of the City’s annual budget invested in capital improvements, such as transportation and infrastructure upgrades, which is significantly higher than other metro communities.
Interested in doing business in Sandy Springs? With a diverse business community, well-educated workforce, and local resources in place to help you succeed, Sandy Springs is an exciting place to be an entrepreneur. To get started, contact our Economic Development team.
Which Federal/State/Local Permits and Licenses Do I Need?
From federal and state tax registration, to incorporation filing, to local business licenses, several applications are usually required of new business owners. The U.S. Small Business Administration has an online tool to help you learn which permits and licenses you may need.