Companies looking to hire millennials need to take into account their lifestyle and workplace preferences, while figuring out how to train them and integrate them into a multigenerational workforce.
Though qualitative in nature, a community’s “collaboration score” indicates whether or not its stakeholders are fully aligned with respect to business attraction strategies and are committed to working collaboratively with a prospective company to ensure its project comes to fruition.
Reviving dead malls as warehouses is not as easy as it may seem; they’re more likely to become “lifestyle” destinations or mixed-use complexes.
The U.S. manufacturing sector continues to rebound as a result of pent-up demand for goods and, perhaps, the effect of the Trump administration’s “pro-America” agenda.
Oftentimes, companies make mistakes in the location decision process that may prove detrimental to their long-term success — Here are the most common ones.
When making the location decision, companies should be wary of using RTW status as a location requirement and instead dig deeper into regional and local union activity.
As the surge in corporate relocation continues, sophisticated organizations are demanding a relatively new — but critical — component for streamlining their site selection process and increasing the likelihood of success.
When analyzing the primary cost and quality factors that drive the site selection decision, companies need to be aware of the differences that exist not only regionally but also locally.
For manufacturing and distribution…it’s logistics, logistics, logistics, which is revolutionizing the supply chain — including the location decision process.
A company will be better able to pursue and justify the use of incentives in the capital approval process by communicating and illustrating their impact on its investment decision.
Although U.S. companies are facing less political pressure to continue their sustainability efforts, they will continue to do so in response to workforce and customer demands.
Negotiating a suite of incentives for development projects is about more than striking a positive agreement from the outset; it’s also about ensuring that the financial benefits of the deal are preserved and not reduced over the lifetime of the project.
A recent survey of the real estate and construction industry reveals that sustainability in the built environment continues to grow year after year, despite real or perceived added costs.
Although manufacturers are using advanced technologies, including artificial intelligence, in their operations, they’ve yet to leverage these advances in the site selection process.
Companies should look to their landlords or developers of their facilities for several attributes, key among them being reliability, flexibility, and a sense of partnership.
Property owners who properly assess, maintain, and upgrade their facilities so that they are resilient to natural disasters — and who have contingency plans in place — will save time and money, and protect the value of their asset, in the long run.
Damage from recent hurricanes could have a ripple effect across U.S. seaports, underscoring the rising demand for more sophisticated industrial real estate and infrastructure.
The biopharmaceutical and life science industries are recognized as important economic drivers across the nation.
Area Development’s editor recently asked Michael Kruklinski about intelligent space management at Siemens and how office configuration can play a role in employee satisfaction and productivity.
Like contestants at a beauty pageant, cities across the U.S. and Canada are eagerly awaiting the announcement: where will Amazon decide to build its new $5 billion second headquarters, which will create 50,000 jobs?
With the realization that major infrastructure projects are critical to economic development, the federal government is attempting to streamline the environmental permitting process.
Those involved in corporate real estate are increasingly adopting a digital approach to conducting business.
A former mill town on the Mississippi River is home to an insurer that continues to expand and is working on attracting data-driven industry with its pool of college-educated workers.
Companies like UPS, DHL, Amazon, and others are taking advantage of Kentucky’s centralized location and highly developed infrastructure to move freight by air, water, rail, and road.
A pro-business environment is helping Tennessee to attract headquarters operations and grow its business and professional services sector, while its quality of life draws workers to the state.
The new kids in the workplace differ from previous generations and present major implications for workplace design.
Although U.S. manufacturing has lost millions of jobs over the last few decades, it still has the highest multiplier effect of any sector, with each manufacturing job generating four elsewhere in the economy.
Companies looking for workers with advanced skill sets can look to states with college educated workforces, but oftentimes workers with postsecondary vocational and technical training can help to fulfill companies’ needs.
As the U.S. economy has rebounded from the Great Recession and added jobs, unemployment has fallen to record lows in many states, creating worker shortages that need to be addressed.
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