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RECENT FEATURES
U.S. Regional Reports >>

Regional Report: A Rosy Economic Outlook in the Southwest U.S.

The well-known investment disclaimer states that past performance is not indicative of future results. It stands to reason that just because Texas has led the nation in job growth for four years in a row, that doesn’t mean growth will continue to sizzle in the future. And yet, analysts expect that it will. The same rosy outlook holds true in Arizona, and there are healthy jobs reports in New Mexico and Oklahoma as well. More
Manufacturing / Industrial >>

Reducing Industrial Facility Costs with Sustainable Planning

Long-term savings achieved by sustainable facility design can trump short-term savings, while also resulting in a more productive, environmentally conscious workplace. More
Capital Access / Finance >>

Front Line: The New Economy, Crowdfunding for Civic Projects

For a small but growing number of locales, “crowdfunding” is part of the solution for funding economic development projects. More
Asset / Facility Management >>

Facilities Management on the Frontier of Service and Technology

Technology has had a major influence on facilities in recent years — affecting everything from where a company needs to locate, to building infrastructure, to space requirements. It has also changed the job description for facility managers, professionals increasingly in short supply. More
 
Skilled Labor / STEM >>

First Person: Developing the Next Generation of STEM Leaders and Space Technology

Jennifer Carter, curriculum director for SpaceTrek at Morehead State University and director of Space Science for the Institute of Aerospace Education, recently talked with Area Development about the role that space science is now playing in growing the leaders and small businesses of tomorrow. The Space Science Center has become an important focus for research in nanosatellite technologies. More
DCs / Warehousing >>

How a Global Tire Manufacturer Finds the Perfect Match in a Distribution Center Location

At least 80 percent of the cost of a tire comes from the logistics and transportation of moving that tire through the supply chain – as such, identifying the ideal location for a DC is a crucial process for a global company like Michelin. More
Louisiana >>

Location Notebook: Economic Innovation in the “New” New Orleans

As New Orleans approaches the 10-year anniversary of Hurricane Katrina in 2015, the city is in many ways barely recognizable to what it was years ago. Economists and national publications say it has undergone one of the most rapid and dramatic economic turnarounds in recent American history. More
Site Selection Factors / Strategy >>

Leading Practices to Consider When Beginning the Location Decision Process

Identifying all stakeholders early on, defining evaluation criteria, staying ahead of the changing environment, and assessing risk lead to obtaining an appropriate site and avoiding costly mishaps. More
Thought Leadership
View Point

In Focus: Tenants Must Plan for the Unimaginable

Nora Hogan, Principal, Transwestern 
Business shifts are often unimaginable to the tenant at the beginning of a lease term, but planning for them is as important as negotiating any other element in the agreement. More
View Point

First Person: Foreign Investment Driving Uptick in Manufacturing Plant Construction

Stephen Gray, CEO, Gray Construction 
Stephen Gray, Gray Construction CEO, comments on manufacturing’s contribution to U.S. economic growth and the factors influencing the uptick in construction of domestic plants. More
The Top Site Selection Factors

Critical Site Selection Factor #1: Availability of Skilled Labor an Acute Need

With a growing U.S. economy and an “onshoring” trend fanning demand, the availability of skilled labor has become the #1 factor in site decisions. More

Critical Site Selection Factor #2: Highway Accessibility - The Supplier/Market Connection

Highway accessibility ranks as the #2 most important factor to corporate executives, certainly reflecting the crucial role of transportation costs and logistical efficiencies in a U.S. and global market with less and less margin for error in the supply chain. More
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