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Q1 2024
Area Development Q1 2024 Cover
Cover Story
Energy / Clean Tech >>

Industry in the Era of the Electron

Courtland Robinson, Energy & Location Strategist,  (Q1 2024)
Growth of the digital economy has put transmission-adjacent properties and the ability to interconnect at the forefront of the site selection process. More
Features
Asset / Facility Management >>

Why Smaller May Be Better for Some Businesses

Tim-Logan, Partner, Parker Poe (Q1 2024)
Although records have been set for massive industrial spaces, the market has been shifting to smaller buildings. More
Business Globalization >>

Navigating the Dynamic Landscape of Logistics in Mexico

Maribel Gaytán, Strategic Consultant, Cushman & Wakefield (Q1 2024)
Companies considering nearshoring operations to Mexico will find a resilient and interconnected logistics network to handle their import and export processes. More
Workplace Trends >>

Making Hybrid More Human in 2024

Katie Rodrigues, Managing Director, JLL (Q1 2024)
From theory to action — CRE leaders are putting strategies in place to make the workspace a center of collaboration and innovation. More
Sustainable Development >>

Navigating the Digital Transformation

Courtney Dunbar, Site Selection & Economic Development Leader, Burns & McDonnell (Q1 2024)
Courtney Dunbar, site selection lead at Burns & McDonnell, recently asked Matt Olson, Burns & McDonnell’s chief innovation officer, about how companies are navigating the digital transformation and its potential of fostering sustainable, resilient manufacturing practices. More
Manufacturing / Industrial >>

Up Next for Industrial in 2024

Jason Price, Senior Director of Research for U.S. Industrial Sector, Cushman & Wakefield (Q1 2024)
Here is a look at the normalizing sector’s upcoming supply, demand, and pricing outlook. More
Construction / Project Planning >>

Public-Private Partnerships Incentivize Industrial Development

Jenae Valentine, Manager, Location Analysis and Incentives, Maxis Advisors (Q1 2024)
Communities that embrace creative solutions and collaborative approaches are well-positioned to thrive and attract jobs and investment from the private sector. More
Manufacturing / Industrial >>

Manufacturing Momentum Is Building

Brian Gallagher, Vice President, Corporate Development, Graycor (Q1 2024)
A desire to bring manufacturing closer to the consumer, recent federal funding initiatives, as well as access to a skilled workforce and reliable power among other advantages have converged to spur growth in construction of U.S. manufacturing facilities. More
Taxes / Incentives >>

How to Break the Bad News: Navigating the Conversation When a Company Doesn’t Meet Expectations

Ben Worrell , Principal, McGuire Sponsel (Q1 2024)
When a company cannot meet the original parameters set by its project, communication is critical to identifying potential solutions. More
Workforce Training / Education >>

Applied Learning Fuels Investment in Workforce Training Facilities

Brent Amos, Principal, Cooper Carry (Q1 2024)
With tailwinds such as government incentives and changing vocational preferences, workforce training facilities are poised for continued growth throughout the U.S. More
Annual Reports
Corporate Exec Survey Results >>

20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government

Steve Kaelble, Staff Editor, Area Development (Q1 2024)
The responding consultants say economic pressures are creating the biggest potential impact for their clients’ location and expansion plans, with finding available skilled labor being the most important concern. More
Corporate Exec Survey Results >>

38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?

Steve Kaelble, Staff Editor, Area Development (Q1 2024)
Small and mid-size firms — which account for most of our Corporate Survey respondents — are holding their plans for new and expanded facilities in check despite economic news being better than what had been predicted. More
Departments
Sustainable Development >>

In Focus: 5 Smart Building Resolutions for 2024

John Fleming, Vice President, Johnson Controls (Q1 2024)
Building owners may look at the new year as a time to make good on goals they set for their buildings in previous years – whether that means upgrading outdated technology, focusing on net-zero carbon goals, or enhancing occupant experience. More
Workplace Trends >>

In Focus: Rethinking Industrial Site Selection: A Retail Perspective

Evan L. Stair, Managing Director, Analytics, Vista Site Selection (Q1 2024)
The idea of putting the needs of the potential workforce first when making the location decision mirrors retail’s tradition of prioritizing customer satisfaction. More
Logistics / Infrastructure >>

Front Line: Solutions Needed for Truck Driver Shortage

Dan Emerson, Staff Editor, Area Development (Q1 2024)
The supply chain continues to be negatively affected by a shortage of long-haul truckers, in particular, but recruiting more military veterans and women may be part of the solution. More
Labor Costs / Organized Labor >>

Front Line: Impact of the Latest Minimum Wage Increases

Dan Emerson, Staff Editor, Area Development (Q1 2024)
The new year brings some significant changes that will impact employers who have entry-level workers, with 22 states raising their minimum wages effective January 1st. More
Taxes / Incentives >>

First Person: Realizing the Inflation Reduction Act’s Full Potential

Brian Murphy, Americas Power, Utilities and Renewables Tax Leader, EY (Q1 2024)
Brian Murphy discusses how tax and finance can collaborate to advance a company’s key sustainability goals. More

Exclusive Research