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Area Development - Site Selection, Facility Planning and Workforce Development

Q1 2023
Cover Story
Construction / Project Planning >>

Deploying Location Strategy + Incentives to Meet ESG Goals

David Hickey, Managing Director, Hickey & Associates (Q1 2023)
CFOs and business leaders can utilize location strategy as part of their ESG mission through their workforce, workplace, and sustainability strategies, as well as by demonstrating social responsibility and good governance. More
Features
Aerospace >>

The Top Investment Location Prospects for Aerospace Manufacturing

Scott Thompson, Global Aerospace & Defense Leader, PwC (Q1 2023)
Which are the most promising states and countries for aerospace production in a rapidly evolving sector-wide landscape? More
Site Selection Factors / Strategy >>

The Decentralization of U.S. Fintech Hubs

Bobby Magnano, President, Financial Services, JLL (Q1 2023)
As the fintech sector continues to evolve, it’s primed to serve as a major economic catalyst in already established core, secondary, and emerging markets as well as new locations that offer the fundamentals for its growth. More
Skilled Labor / STEM >>

The Value of Job Ads Data in the Location Decision

Greg Chmura, Chief Quality Office, Chmura Economics (Q1 2023)
Non-traditional data aggregated from job ads contain a plethora of insights for assessing a possible location. More
Logistics / Infrastructure >>

Industrial Update: Did the Market Overshoot the Equilibrium?

Thomas LaSalvia, Director of Economic Research, Moody's Analytics (Q1 2023)
Although the economic slowdown has some wondering about the health of the industrial real estate sector, the need for shorter shipping times will spur companies to continue to look for space around the country. More
Portfolio Management / CRE >>

Strategies to Overcome Intensifying Industrial Real Estate Challenges

Jacob Everett , Founder, Corsa Strategies (Q1 2023)
Companies facing constraints in the industrial real estate market should build extra time into their site searches and widen their geographic areas of search. More
Taxes / Incentives >>

The Form and Substance of Business Incentives

George Tobjy, Managing Director of Client Services, Maxis Advisors (Q1 2023)
Government at all levels continues to provide numerous incentives to companies in varied industrial sectors in order to generate jobs and economic prosperity. More
Special Report: EV Forward
Automotive >>

Top-Four Location Considerations for EV Battery Plants

Rob Whitson, Senior Civil Engineer, Gresham Smith (Q1 2023)
Prioritizing needs, identifying unique site constraints, and getting the right people involved from the get-go will ensure the long-term success of your operation. More
Automotive >>

Fleet Electrification-Another Big Disrupter

Steve Kaelble, Staff Editor, Area Development (Q1 2023)
There’s a lot to consider when a company decides to electrify its fleet, including available charging infrastructure and employee training, but the move can reduce costs and help to satisfy ESG goals. More
Advanced Manufacturing >>

Front Line: Expanding the EV Battery Pipeline

Karen Thuermer, Staff Editor, Area Development (Q1 2023)
The need to produce EV batteries is presenting opportunities in lithium battery recycling facility expansions. More
Annual Report
Corporate Exec Survey Results >>

19th Annual Consultants Survey: Clients Challenged by Tight Labor Market, Energy Availability

Geraldine Gambale, Editor, Area Development Magazine (Q1 2023)
Consultants responding to our survey say economic conditions are affecting their clients’ expansion/investment plans, with labor and energy availability and costs of prime concern. More
Corporate Exec Survey Results >>

37th Annual Corporate Survey: Economic Pressures Exerting Greatest Effect on Decision-Makers

Geraldine Gambale, Editor, Area Development Magazine (Q1 2023)
Companies looking to grow are facing an historically tight labor market and rising costs, but their plans to invest may be buoyed by recent government legislation. More
Departments
Viewpoint >>

Editor's Note: Cautious Optimism for 2023

Geraldine Gambale, Editor, Area Development Magazine (Q1 2023)
Although manufacturers are facing a challenging year, many are optimistic that lessons learned during the pandemic will help them weather whatever lies ahead. More
Asset / Facility Management >>

First Person: Putting a Cyber Defense Plan in Place

Mike Morris, Managing Director, Deloitte Risk & Financial Advisory, Deloitte (Q1 2023)
To find out more about the current cyber threats companies are facing and their responses to such threats, Area Development’s staff writer, Lisa Bastian, interviewed Michael Morris, a managing director in Deloitte’s Cyber Detect & Respond practice. More
Construction / Project Planning >>

In Focus: The Facility’s Envelope-A Multifaceted Ecosystem

Marc Gravely, Founder, Gravely P.C. (Q1 2023)
For infrastructure preparedness, a big picture and narrow focus are equally important. More
Asset / Facility Management >>

In Focus: CEOs Are Underprepared for Cyber Threats

Frederick Johnson, Vice President, Cybersecurity & Digital Forensics, Marcum Technology (Q1 2023)
New regulations to expand cybersecurity expertise and reporting requirements can only help to eliminate the very real threats companies are facing on a daily basis. More
Food Processing >>

Front Line: The Growth of Indoor and Vertical Farming

Dan Emerson, Staff Editor, Area Development (Q1 2023)
In an attempt to deal with the vagaries of weather and changing climate, farmers are turning to vertical and other high-tech indoor farms. More
Online Content
Energy / Clean Tech >>

The AEC Industry’s Transition to Net Zero Energy

Jennifer Breault, Senior Architect , SSOE Group (Q1 2023)
Early, collaborative planning and design will help facility developers and owners meet their net zero energy goals. More
Business Globalization >>

What in the World? FDI Trends to Watch in 2023

Morgan Crapps, Principal, Parker Poe Consulting (Q1 2023)
Morgan Crapps, Principal at ParkerPoe Consulting, spoke at Area Development’s Women in Economic Development Forum about the trends and factors that shaped foreign direct investment in the United States in 2022, and what we’re tracking for 2023. More
Business Globalization >>

Old Tricks, New Methods: Streamlining the FTZ Process with Software

Brent Dawkins, Director, Product Marketing, QAD (Q1 2023)
Despite the savings garnered by utilizing an FTZ, setting up and managing a foreign-trade zone is often a daunting process, but innovative software solutions can now help. More
Energy / Clean Tech >>

Location Factors for a Large Natural Gas User

Kris Hopkins, Vice President, Business Development , Greylock Midstream (Q1 2023)
By following the four strategies outlined below, the location team for a natural gas user can uncover more potential sites, reduce costs, and enhance competitiveness. More
Workplace Trends >>

How Are Economic Developers Partnering to Solve Workforce Challenges?

Louise Anderson, Director of Research, International Economic Development Council (Q1 2023)
Companies can expect to find help from forward-thinking economic development organizations in fulfilling their labor force requirements. More

Exclusive Research