Growth Has Surprise In 'Different League'

Growth has Surprise in 'different league', from the Arizona Republic, reports that the city of Surprise now has a population of 100,000, joining the ranks of Phoenix, Scottsdale, Mesa, Glendale, Peoria, Chandler and Gilbert as a Valley city with at least 100,000 residents. Surprise's rapidly growing population bolsters its reputation among major retailers, restaurant chains and companies looking to expand. Surprise's commercial properties were worth about $61 million in 2005, a dramatic increase over the $7 million they were worth in 1996 when the city's population was only 11,395. In the real estate market, Surprise homes have stayed hot while others around the Valley have cooled. The Maricopa County Assessor's Office pegs the median home value in Surprise at $186,000, up from last year's $123,500. What a success story Surprise has become!



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