Springfield is the fourth largest city in New England and home to 153,060 people. It is the hub of Western Massachusetts. Springfield businesses are in the center of the Northeast's major markets while operating at lower costs, utilizing one of the nation's leading workforces and enjoying a more affordable, higher standard of living in any of our urban, suburban, rural or college town settings. Advantages are:
- High-Tech Infrastructure featuring state-of-the-art fiber optic telecommunications infrastructure for voice lines, high-speed data and Internet access. Springfield is a major switch hub of the Northeast and the home of switching centers for several major long distance telephone carriers. The city is also located in the crossroads of all national and international fiber optic backbones serving the Northeast.
- Low operating costs including wages up to 20% below other Northeastern metros, as well as significantly lower rates for land and office rentals. Competitive utility rates, tax exemptions and incentives are available to companies interested in location or expansion.
- Easy access to major markets, a ninety minute drive to Boston; two hours to New York City. Bradley International Airport offers direct daily flights to 35 North American cities with an average of 300 daily arrival and departures through 15 carriers; short commute to Logan, Newark and JFK, all international airports.
- A national hub for higher education with more than 125,000 students attending 29 colleges and universities including the Universities of Massachusetts and Connecticut, in addition to some of the nation's most prestigious private schools.
- Everything is closer than you think to our urban, suburban, rural or college town settings, all with average commute of less than 20 minutes. North-South and East-West interstate highway connections through Interstates 91 and 90 (Massachusetts Turnpike). Bradley International Airport, several smaller airports, Peter Pan Bus Lines passenger service to more than 100 cities daily, local Amtrak service and a major freight hub are also regional advantages. Union Station is expected to be complete in 2015. Union Station is a $81 million project that integrates multiple transit modes (local and intercity bus; Amtrak intercity and planned New Haven‐Hartford‐Springfield commuter rail; and taxi, bicycle and pedestrian travel in one state of‐the‐art transportation complex.
The Western Massachusetts-Hartford, Connecticut region known as "The Knowledge Corridor" contains some of the nation's top-ranked schools among its 29 colleges and universities. This prestigious list includes both state universities and the world-famous five-college consortium of the University of Massachusetts, as well as Amherst, Hampshire, Mount Holyoke and Smith Colleges which are 30 minutes away from Springfield. Springfield itself is home to American International College, Cambridge College sattelite center, Springfield College, Springfield Technical Community College, Western New England University, UMASS sattelite center coming in Fall 2014.