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Area Development Q1 2024 Cover

Q1 2024

Features

Why Smaller May Be Better for Some Businesses

Tim-Logan
Tim-Logan Partner Parker Poe

Although records have been set for massive industrial spaces, the market has been shifting to smaller buildings.

Navigating the Dynamic Landscape of Logistics in Mexico

Maribel Gaytán
Maribel Gaytán Strategic Consultant Cushman & Wakefield

Companies considering nearshoring operations to Mexico will find a resilient and interconnected logistics network to handle their import and export processes.

Making Hybrid More Human in 2024

Katie Rodrigues
Katie Rodrigues Managing Director JLL

From theory to action — CRE leaders are putting strategies in place to make the workspace a center of collaboration and innovation.

Navigating the Digital Transformation

Courtney Dunbar
Courtney Dunbar Site Selection & Economic Development Leader Burns & McDonnell

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.

Manufacturing Momentum Is Building

Brian Gallagher
Brian Gallagher Vice President, Corporate Strategy and Development PPC Partners, Inc.

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.

Up Next for Industrial in 2024

Jason Price
Jason Price Senior Director of Research for U.S. Industrial Sector Cushman & Wakefield

Here is a look at the normalizing sector’s upcoming supply, demand, and pricing outlook.

Public-Private Partnerships Incentivize Industrial Development

Jenae Valentine
Jenae Valentine Manager, Location Analysis and Incentives Maxis Advisors

Communities that embrace creative solutions and collaborative approaches are well-positioned to thrive and attract jobs and investment from the private sector.

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

Ben Worrell
Ben Worrell Principal McGuire Sponsel

When a company cannot meet the original parameters set by its project, communication is critical to identifying potential solutions.

Applied Learning Fuels Investment in Workforce Training Facilities

Brent Amos
Brent Amos Principal Cooper Carry

With tailwinds such as government incentives and changing vocational preferences, workforce training facilities are poised for continued growth throughout the U.S.

Annual Reports

Departments

Editor’s Note: Electric Power Demands Key to Location Decisions

Geraldine Gambale
Geraldine Gambale Editor Area Development Magazine

The consumption of electricity is only predicted to increase as the digital transformation of industry continues and, consequently, access to electricity has become a dominant site selection factor.

In Focus: 5 Smart Building Resolutions for 2024

John Fleming
John Fleming Vice President Johnson Controls

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.

In Focus: Rethinking Industrial Site Selection: A Retail Perspective

Evan L. Stair
Evan L. Stair Managing Director, Analytics Vista Site Selection

The idea of putting the needs of the potential workforce first when making the location decision mirrors retail’s tradition of prioritizing customer satisfaction.

Solutions Needed for Truck Driver Shortage

Dan Emerson
Dan Emerson Staff Editor Area Development

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.

Impact of the Latest Minimum Wage Increases

Dan Emerson
Dan Emerson Staff Editor Area Development

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.

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

Brian Murphy
Brian Murphy Americas Power, Utilities and Renewables Tax Leader EY

Brian Murphy discusses how tax and finance can collaborate to advance a company’s key sustainability goals.

Magazine

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Area Development Magazine Q1 2026
Q1 2026

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