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Site Selection Factors / Strategy

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

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

Consultants Survey Reflects Shift in Ranking of Site Selection Factors

Kathy Mussio, Managing Partner, Atlas Insight, LLC (Q1 2024)

A responsive state and local government, incentives offerings, and site readiness now outweigh costs in the location decision. More

Skilled Labor, Ample Energy, and Speed to Market Take Priority

Gregg Healy, Executive Vice President & Head of Industrial Services – North America, Savills (Q1 2024)

A location’s labor availability; responsive, pro-business local partners; and ability to support a large energy user are often the main drivers of the site selection decision. More

Manufacturing Projects Dominate the Deal Flow

Brett Bayduss, Senior Partner, Site Selection Group (Q1 2024)

The volume of manufacturing projects across the nation is rising, while office activity has been slow to recover from the pandemic. More

Site Selection Evolves

Isabel Cyr, Government Relations & Public Affairs Director, Lithion Technologies Inc. (Q1 2024)

Corporate respondents prioritize workforce talent, environmental factors, and permitting/regulatory ease in their location and expansion decisions. More

A Message to CREs: What’s Old Is New Again

Katie Culp, CEO, KSM Location Advisors (Q4 2023)

It seems that face-to-face meetings with community leaders and anecdotal research about a prospective location are back in style again as companies make location decisions. More

2023's Leading Metro Locations: Hotspots of Economic Growth

Area Development Research Desk and Steve Kaelble, Staff Editor, Area Development (Q4 2023)

The leading metro areas are those poised for long-term growth and are often hubs of high-tech industry, where workers may benefit from an affordable cost of living. More

2023's Leading Metro Locations Methodology

Area Development Research Desk (Q4 2023)

More

Commentary: The 2023 Top Metros Show a Stark Shift in Regional Preferences

Chris Chmura, Ph.D. , CEO & Founder, Chmura Economics & Analytics (Q4 2023)

As employees continue to work remotely post-pandemic, small regions with lower living costs moved up in the rankings. More

Commentary: Metros With Solid Prime Workforces Garner Significant Investment

Chris Volney, Managing Director, Americas Consulting, CBRE (Q4 2023)

Small and medium-sized metros with a pipeline of educated workers at a competitive cost are attracting companies looking for long-term growth. More

Commentary: Top Metros Provide Educated Workforces and High Quality of Place

Matt Niehoff, Senior Consulting Analyst, Location & Labor Analytics, Cushman & Wakefield (Q4 2023)

This scorecard clearly shows that the landscape of workforce trends across the United States is intricate, diverse, and highly localized. More

Three Key Location Factors for F&B Industrial Users to Consider

Bob West, Vice President of Food & Beverage, Industrial, Ryan Companies (Q4 2023)

Workforce skills and availability, the need for speed to market, and the condition of existing infrastructure are all key factors in food and beverage companies’ location decisions. More

The Rise of Mid-Size U.S. Cities: The Industrial Development Boom

Emelie Hegarty, Business Strategy Manager, Quest Site Solutions (Q3 2023)

As company needs have evolved, many are gravitating to smaller urban areas that often provide them with a lower tax burden, affordable real estate, and development-ready sites. More

2023 Top States for Doing Business Meet the Needs of Site Selectors

Steve Kaelble, Staff Editor, Area Development (Q3 2023)

The states considered the best locations for doing business according to an expert panel of location consultants are the highest performers in more than a dozen categories upon which companies make their site selection decisions. More

Richmond’s Investment Includes Innovation at Every Angle

Mark Crawford, Staff Editor, Area Development (Q3 2023)

Greater Richmond, Virginia, has a long history of manufacturing success. More

Power-Intensive Site Selection

Courtland Robinson, Energy & Location Strategist,  and John Geib, Director, Enterprise Economic Development, Technical Services, Duke Energy (Q3 2023)

Manufacturers should prioritize accuracy in their load schedule, as there’s a downside to both underestimating and overestimating load requirements. More

Data Center Sites: What’s Your Connection?

Tom Croteau, Senior Managing Director, Maxis Advisors (Q2 2023)

Those seeking a location for a data center need to consider fiber connectivity, access to power, cooling capabilities, risk mitigation, and security, among key requirements. More

Front Line: Water Supply Increasingly Affecting Location Decisions

Dan Emerson, Staff Editor, Area Development (Q2 2023)

Over the last few years, there has been a heightened focus on abundant access to water for companies seeking new locations. More

Companies Are Recalibrating Their Priorities

Eric Stavriotis, Vice Chairman, CBRE (Q1 2023)

In recent years many companies have been propelled to recalibrate priorities for their location strategies and resulting real estate footprints. The top site selection factors for occupiers today include the following: More

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

Federal Legislation Affects Companies’ Investment Plans

Jacob Everett , Founder, Corsa Strategies (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

Corporate Decision-Makers Face a Challenging Environment

Larry Gigerich, Executive Managing Director , Ginovus (Q1 2023)

The rankings clearly reflect the impact of geopolitical and economic instability, as well as technology. More

Labor Related Factors Are Key

Bradley Migdal, Executive Managing Director, Business Incentives Practice, Cushman & Wakefield and Matt Niehoff, Senior Consulting Analyst, Location & Labor Analytics, Cushman & Wakefield (Q1 2023)

Companies are searching for the right balance of labor — at all skill levels — that can satisfy their needs not only now but also into the future. More

Energy Costs Come to the Forefront

Lauren Berry, Senior Manager, Location Analysis and Incentives, Maxis Advisors (Q1 2023)

The shift away from carbon-emitting fuels and the unexpected spikes in natural gas pricing in 2022 have made industrial customers increasingly sensitive to energy costs in their location decisions. More

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

The Decentralization of U.S. Fintech Hubs

Bobby Magnano, President, Financial Services, JLL and Scott Redabaugh, Managing Director, Consulting, 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

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

To Cluster or Not to Cluster…That is the Question!

Rich Thompson, International Director, Supply Chain & Logistics Solutions, JLL (Q3 2022)

Although clusters are here to stay in some sectors — think life sciences — other industries — among them EVs and semiconductors — are geographically branching out. More

Major Projects Embrace Wide Open Rural Spaces

John W. McCurry (Q3 2022)

Available land, lower costs, and the desire to co-locate with suppliers and customers draw companies to rural locations, but satisfying infrastructure needs and access to talent shouldn’t be overlooked. More

Utilizing Data Analytics to Reduce Risk and Costs, Increase Opportunities

Thane J. Hutcheson, Director, Baker Tilly, LLP and Chris Urchell, Consulting Manager, Baker Tilly  (Q3 2022)

An efficient site selection process can make the difference between a fundable and a failed project. More

Trends in Data Center Site Selection

Pat Lynch, Executive Managing Director, Data Center Solutions Group (DCSG), CBRE and Josh Ruttner, Senior Research Analyst, Data Center Solutions, CBRE (Q2 2022)

A lack of space and developable land as well as power constraints will continue to drive data center site selection, with sustainability considerations and emerging technologies becoming increasingly important factors. More

The Evolution of the Megasite

Courtney Dunbar, Site Selection & Economic Development Leader, Burns & McDonnell and Corey Kingsland, Civil Engineering Section Manager, Burns & McDonnell (Q2 2022)

As the need for next-generation megasites continues to grow, economic development professionals are helping end-users reimagine the site selection and site preparedness process. More

36th Annual Corporate Survey: Executives Focus on Labor, Energy, Shipping Costs

Geraldine Gambale, Editor, Area Development Magazine (Q1 2022)

A tight labor market, supply chain challenges, and rising costs have resulted in some surprising changes in corporate respondents’ location priorities. More

18th Annual Consultants Survey: Access to Major Markets and Skilled Labor Are Clients’ Primary Concerns

Geraldine Gambale, Editor, Area Development Magazine (Q1 2022)

Supply chain considerations, the shortage of skilled workers, and a lack of industrial space are top of mind for their clients, according to consultants responding to our annual survey. More

Locations That Promote Employee Health and Well-Being Coming to the Forefront

Peter Miscovich, Managing Director, Strategy and Innovation, JLL (Q1 2022)

As workforce location preferences have evolved over decades, one thing has remained constant: individuals want to work and live in locations that foster their physical as well as mental and emotional health. More

The Labor Challenges of Site Selection

Greg Chmura, Chief Quality Office, Chmura Economics (Q1 2022)

A careful evaluation of a site’s labor force is needed to guard against unwelcome surprises. More

Talent-Based Location Strategies

Chris Volney, Managing Director, Americas Consulting, CBRE (Workforce Q4 2021)

Today’s highly competitive market for technical talent is leading many companies to consider entering lesser-known geographies where they can find more accessible pools of high-quality and cost-effective talent in a lower-risk hiring environment. More

Shaping Compliance for Your New Biomanufacturing Facility

Roger Humphrey, Division President, Life Sciences, JLL (Q4 2021)

If you have a new biomanufacturing site in the works, you can open doors to a productive, compliance-forward facility with these strategies. More

Communicating Your Project’s Value to Local Stakeholders

Chris Chmura, Ph.D., Ph.D., CEO & Founder, Bryan Shelly, Ph.D., Managing Director of Consulting, Xiaobing Shuai, Ph.D., Director of Research and Senior Economist, Chmura Economics & Analytics (Q4 2021)

Through the use of economic impact studies, a company can demonstrate the value of its project to government officials and local residents. More

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