Lake Havasu City is transforming from a vacation destination known for boating to a thriving economic hub with innovative co-working spaces and forward-thinking developments. James Gray, Director of Economic Development, shares insights on how the city is evolving beyond its recreational reputation, particularly with expansion on the north side.

• Nomadic co-working space has maintained 100% office occupancy since opening, demonstrating strong demand for professional workspaces
• Post-pandemic work culture allows professionals to live in Lake Havasu while maintaining high-level careers with companies across the country
• The city's population of 63,000 residents (70,000 including unincorporated areas) is supplemented by 1.6 million tourists annually
• Today's demographic includes active 60-year-olds and 35-50 year old professionals seeking lifestyle balance, not just traditional retirees
• North Lake Havasu is experiencing rapid development with $30M in healthcare investment and innovative projects like "barn caves"
• The Paradyme storage and barn caves development will add approximately 730,000 square feet of built space
• Lake Havasu's economic backbone is entrepreneurial companies of 4-6 people rather than large employers
• Community-building initiatives like First Friday events have grown from small beginnings to attracting 42,000 people annually

We'd love to hear your questions about Lake Havasu's growth and economic development for future episodes. Let us know in the comments what topics you'd like us to explore next.

Paradyme