areadevelopment + around-the-web   9434

Amazon HQ2 in Virginia passes key vote - Business Insider
The Arlington County Board on Saturday approved a $23 million incentives package for Amazon.
The tax incentive is contingent on Amazon's plan to build a second headquarters, known as HQ2, in Arlington County and will be fueled by a higher tax on hotel rooms in the area.
amazon  HQ2  virginia  Around-the-web  taxes-incentives  this-week-450 
9 hours ago by areadevelopment
Top 10 Industrial Amenities to Attract & Retain Labor - Cushman & Wakefield Blog
When it comes to workplace amenities, industrial is starting to catch up with office. Facing  increasing labor challenges, many companies are searching for ways to make warehouse and manufacturing jobs more attractive to workers.  We surveyed our Industrial Real Estate experts across the county to find out what amenities workers want the most. Here are a few ways companies are improving the work environment:
workforce-development  manufacturing  industrial-real-estate  market-reports  Around-the-web  this-week-450 
9 hours ago by areadevelopment
Notre Dame engineers part of consortium proposing US-Mexico ‘energy-water corridor’ in lieu of border wall - University of Notre Dame
Engineering professors at the University of Notre Dame have joined a consortium of 28 scientists, researchers and engineers in a proposal to build an extensive energy- and water-producing industrial corridor along the U.S.-Mexico border as an alternative to a border wall.
green-economy  sustainable-development  immigration-reform  Around-the-web  this-week-450 
9 hours ago by areadevelopment
At these factories, robots are making jobs better for workers - McKinsey & Company
Our latest research suggests that when robots—or automated manufacturing technology—take over jobs that are oriented around repetitive tasks, operators are able to move onto more exciting and productive work.

This was the case at 16 “lighthouses of manufacturing,” which were identified as part of a joint McKinsey and World Economic Forum project presented at Davos.
industry4.0  advanced-manufacturing  automation  robotics  Around-the-web  this-week-450 
4 days ago by areadevelopment
Taking a Look at Why Amazon Is Bringing Logistics In-House - Supply Chain 24/7
Amazon’s worldwide shipping costs were fifteen times higher in 2018 than in 2009, so you don’t have to puzzle over the reason why they are looking at their own in-house transportation and logistics services.
this-week-450  Around-the-web  Matt  logistics  supply-chain  amazon  transportation-industry 
4 days ago by areadevelopment
Hudson Yards may be a moment of truth for online brands opening stores - CNBC
At Hudson Yards, an 18-million-square-foot real estate development on the New York's West Side, 1 million square feet will be devoted to retailers like Lululemon, Sephora, Louis Vuitton and Fendi. It will also include a space dedicated to brands that started online and are now starting to open storefronts, like shoemaker M.Gemi and sock retailer Stance.
this-week-450  Around-the-web  Matt  retail  retail-industry  e-commmerce  ecommerce  new-york  new-york-city  mid-atlantic 
5 days ago by areadevelopment
Lockheed Expands Cyber Ops in Texas - ThomasNet
In June 2018, aerospace giant Lockheed Martin announced plans to expand the company's cyber operations as the first tenant in Port San Antonio’s new Project Tech facility in Texas.

This week, the company officially opened the doors to the new 15,000-square-foot space after a ceremonial ribbon cutting. Over the next five years, the secure workspace will be home to Lockheed's Cyber Solutions operations as well as more than 100 cyber professionals, including systems engineers, cyber architects, and software developers. The team will work on full-spectrum cyber tools and platforms.
san-antonio  texas  Aerospace  defense-sector  cyber-security  Around-the-web  this-week-450 
5 days ago by areadevelopment
The Future of Logistics Real Estate in Europe - BCI Global
Demand for logistics real estate (warehouses, distribution centers) will the next 3 year continue to grow, fueled by moderate economic growth and acceleration of e-commerce sales. This means for tenants less choice between buildings to be leased or land plots to be acquired, as vacancies all over Europe are decreasing and logistics hotspots struggle with supply of new logistics parks.
logistics  infrastructure  industrial-real-estate  market-reports  international-location-reports  europe  Around-the-web  this-week-450 
6 days ago by areadevelopment
Amazon, Long Seen as a Threat to Malls, Is Now a Hot Tenant - WSJ
Brokers and landlords believe that Amazon—more so than other retailers—has the expertise to draw the right crowd of shoppers.
this-week-450  Around-the-web  Matt  amazon  retail  retail-industry  real-estate  e-commmerce  ecommerce 
8 days ago by areadevelopment
Walmart CEO reveals strategies against Amazon, Aldi, and Lidl - Business Insider
Walmart US CEO Greg Foran on Wednesday offered a rare look inside the company's strategy against its biggest rivals, including Amazon, Aldi, and Lidl.
this-week-450  Around-the-web  Matt  walmart  amazon  aldi  lidl  e-commmerce  ecommerce  retail  retail-industry  food-industry 
8 days ago by areadevelopment
Useful Stats: Distribution of R&D performance by state - SSTI
Nearly three-quarters of all research and development was performed by the private sector in fiscal year 2016, though this share differed greatly across the states, according to an SSTI analysis of recently released data from the National Science Foundation’s National Center for Science and Engineering Statistics (NSF NCSES). Delaware showed the greatest concentration of business R&D (90.5 percent of all R&D in the state), while Tennessee had the most diversified R&D portfolio with a roughly even distribution of R&D performed by businesses, higher education and federally funded R&D centers (FFRDC’s). The interactive chart below shows the breakdown of performers of research and development for each state.
research&development  state-rankings  economic-analysis  Around-the-web  this-week-450 
11 days ago by areadevelopment
"Opportunity zones" may not benefit poor, rural areas - Axios
A new policy designed to attract investment to low income communities may not benefit rural areas and the most impoverished communities
opportunity-zones  taxes-incentives  government-policy  TCJA  Around-the-web  this-week-450 
11 days ago by areadevelopment
Navigating the Change of Technology (Video) - Comcast Newsmakers
Automation Alley is a nonprofit manufacturing and technology business association and Michigan's Industry 4.0 knowledge center, with a global outlook and a regional focus.
this-week-450  Around-the-web  Matt  automation  advanced-manufacturing  manufacturing  advanced-technology  technology  tech  high-tech 
13 days ago by areadevelopment
From $22 an hour to $11: GM job cuts in Ohio show a hot economy is still leaving parts of America behind - MSN
GM has been the heartbeat of this blue-collar area, providing middle-class lives for tens of thousands of families since the 1960s, including Mezzapeso’s father, who put in 30 years at the factory and retired with a full pension and health benefits.
this-week-450  Around-the-web  Matt  GM  General-Motors  automotive-industry  manufacturing  ohio  midwest  rust-belt  jobs  economic-development  workforce  labor 
13 days ago by areadevelopment
The Future of Work is Creative, Flexible, And Human - Entrepreneur's Handbook
Forget the rigid corporate ladder. Today, the most attractive and best places to work allow free-flowing ideas and career paths. In the industrial age, businesses were built on strict hierarchy. Today, in the digital age, we are witnessing a major shift.
this-week-450  Around-the-web  Matt  workforce  labor  workplace  workplace-design  workplace-trends  quality-of-life 
13 days ago by areadevelopment
What Are Smart Cities? - CB Insights Research
Technology is powering the rise of smart cities, transforming everything from traffic management to waste collection. We dig into the digital revolution giving rise to cities that are more connected, sustainable, and efficient — and what the future of urbanization might look like
urban-revitalization  urban-planning  smart-cities  Around-the-web  this-week-449 
13 days ago by areadevelopment
3M Takes Headquarters 100% Renewable - ThomasNet
Whether you see it as greenwashing or genuine environmental stewardship, many companies these days are making ambitious commitments relating to sustainability and emissions.

The latest is 3M, who has announced its goal to run on 100% renewable energy in every facility globally. But the maker of industrial adhesives is taking it one step further than most: it made its renewable energy goal effective at its headquarters immediately following the announcement.
corporate-headquarters  3M  sustainable-development  green-buildings  Around-the-web  this-week-450  minneapolis  minnesota 
14 days ago by areadevelopment
Five economic development takeaways from the Amazon HQ2 bids - Brookings
Amazon’s decision to cancel its New York headquarters investment has led to intense debate among academics, politicians, and civil society. The split culminated Amazon’s very public search process in which 238 U.S. cities submitted detailed bids to the company to host its “second headquarters,” or HQ2
this-week-450  Around-the-web  Matt  amazon  HQ2  new-york  new-york-city  economic-development  site-selection  taxes-incentives  headquarters 
14 days ago by areadevelopment
Amazon’s Hard Bargain Extends Far Beyond New York - The New York Times
Virtually all of America’s largest businesses drive a hard bargain with governments, angling for benefits and financial incentives. Amazon, though, often plays politics with a distinctive message: Give us what we want, or we’ll leave and take our jobs elsewhere.

The tactics help Amazon squeeze as much as possible out of politicians.
amazon  HQ2  taxes-incentives  Around-the-web  incentives-negotiation  economic-development-news  this-week-449 
15 days ago by areadevelopment
Why cities should stop offering tax incentives to companies - FastCompany
In my own research as an economist studying corporate welfare, I have found and reviewed much evidence on the effectiveness of tax and other incentives. My conclusion: Incentives just don’t work.
taxes-incentives  government-policy  economic-development-news  opinion  Around-the-web  this-week-449 
19 days ago by areadevelopment
Innovation districts and their dilemmas with place - Brookings
Driven by broader economic and demographic trends, most districts emerge organically as established firms and start-ups choose to co-locate around universities, medical institutions and/or other anchors. But over time, as the number of actors increases, innovation district leaders often become much more intentional about working together to leverage their district assets, applying a “collaborate to compete” approach.
innovation-hubs  economic-development-news  industry-clusters  Around-the-web  this-week-449 
19 days ago by areadevelopment
The Status of US Solar Manufacturing, One Year After Tariffs - Greentech Media
Greentech Media checks in on the solar companies that, under threat from tariffs, announced plans for U.S. solar module manufacturing.
solar  industry-reports  tariffs  china  government-policy  Around-the-web  this-week-449 
19 days ago by areadevelopment
Equipping today’s Autonomous Vehicle workforce with skills to succeed tomorrow - Brookings
At least 9.5 million different workers—from truck drivers, to mechanics, to logisticians—are central to the country’s digital mobility workforce. A wave of new technologies and work activities are hitting every part of the country, and many of the workers involved actually have nothing to do with driving.
autonomous-vehicles  automotive-industry  skills-gap  workforce-development  Around-the-web  this-week-449 
20 days ago by areadevelopment
State Corporate Income Tax Rates and Brackets for 2019 - Tax Foundation
Corporate income taxes are levied in 44 states. Though often thought of as a major tax type, corporate income taxes account for an average of just 3.38 percent of state tax collections and 2.24 percent of state general revenue.
corporate-tax  state-rankings  Around-the-web  this-week-449  industry-organizations 
20 days ago by areadevelopment
Two Tacos and a B.A., Please - WSJ
Three economists—from Northeastern University, Harvard and the Federal Reserve Bank of Boston—examined data for 36 million online job postings between 2007 and 2012. At the beginning of this period, roughly 13% of postings said that job candidates needed a bachelor’s degree, and 8% required four years of experience. By 2010 the figures were 22% and 14%.
economic-analysis  economic-indicator-reports-analysis  skills-gap  labor  Around-the-web  unemployment-statistics  this-week-449 
21 days ago by areadevelopment
Useful Stats: Educational Attainment by Metropolitan Area (2007-2017) - SSTI
n Asheville, North Carolina, the share of population with a BA+ increased from 27.2 percent to 34.1 percent, the largest percentage point change of any region. Over that same period, Pittsburgh (growing 6.3 percentage points to 33.5 percent), Denver (growing 6.1 percentage points to 42.1 percent), Grand Rapids (growing 6.1 percentage points to 31.8 percent), and San Jose (growing 6 percentage points to 49.2 percent) also experienced large increases in educational attainment.
Around-the-web  this-week-449  Metros  ranking  leading-locations 
21 days ago by areadevelopment
New York budget director assigns blame for Amazon HQ2 collapse in scathing letter – GeekWire
New York’s chief number cruncher is calling out critics of Amazon’s defunct plans to build a headquarters in Queens for derailing “the single greatest economic development opportunity” in decades.
this-week-449  Around-the-web  Matt  amazon  HQ2  taxes-incentives  economic-development  site-selection  new-york  new-york-city  mid-atlantic 
21 days ago by areadevelopment
Most Dynamic Micropolitans - Walton Family Foundation
The Most Dynamic Micropolitan Index, which ranks the 531 micropolitan areas across the U.S., analyzes the economic performance and indicators that impact the social and economic fabric of America.
leading-locations  micropolitans  ranking  economic-indicator-reports  Around-the-web  this-week-449-top 
22 days ago by areadevelopment
Amazon.com 'Insourcing' Roils Freight Industry, Analysts Say - Transport Topics
Amazon.com Inc.’s role in the shuttering of New England Motor Freight and the “body blow” dealt to XPO Logistics Inc. is raising alarms for trucking and logistics firms that do business with, or compete against, the popular online retailer.
logistics  supply-chain  e-commmerce  amazon  amazon-freight  freight-logistics  Around-the-web  this-week-449-top 
22 days ago by areadevelopment
Biotech research company to set up U.S. headquarters near Tampa's Moffitt Cancer Center
Vycellix is not receiving any state or local incentives to make the move, according to Tampa-Hillsborough Economic Development Corp.

“It’s exciting to see an industry cluster form around the treatment of cancers, and we welcome Vycellix to the area,” Tampa Mayor Bob Buckhorn said. Thanks to Moffitt, he said Tampa "continues to grow as a hub for life science and biotech companies."
tampa  Florida  innovation-hubs  industry-clusters  university-economic-development  research-center  biotech  Around-the-web  this-week-449 
22 days ago by areadevelopment
Bayer to cut 200 jobs at U.S. logistics center as it alters course for pharma - FiercePharma
Add a Bayer Healthcare logistics center in Indiana to U.S. operations that will get whacked as part of a major restructuring that will hive off its animal health unit and shed about 12,000 jobs.

The German company this week told about 195 employees at the center in Mishawaka that the operation will be closed over the next 18 months. 
industry-reports  biotech  bayer  indiana  logistics-center  plant-closures  Around-the-web  this-week-448 
22 days ago by areadevelopment
Addressing Manufacturing Worker Shortage, Apprentice Programs Expand Pool Of Engineer Technicians - Forbes
One has a bachelor's degree in business administration, one has a bachelor's degree in elementary education, and one even has a B.E. in Mechanical Engineering. This is the new wave of manufacturing apprentices, specifically, Engineering Apprentices.
this-week-449  Around-the-web  Matt  manufacturing  apprenticeships  education  STEM  labor  workforce  workforce-development  workforce-training  jobs  economic-development 
22 days ago by areadevelopment
Amazon's Holly Sullivan and JBG Smith talk HQ2 jobs, housing - Washington Business Journal
Amazon.com Inc.'s second home in the D.C. region will be a neighborhood — not a campus — of largely locally hired employees who eat at local restaurants and maybe bring their dogs to work, according to Holly Sullivan, who was among the leaders of the e-commerce giant's HQ2 search.
this-week-449  Around-the-web  Matt  amazon  HQ2  economic-development  site-selection  jobs  taxes-incentives  virginia  south-atlantic  workforce 
22 days ago by areadevelopment
Amazon’s future in Seattle uncertain as neighboring city looks more and more like HQ2 – GeekWire
For years, Amazon has gobbled up office space in Seattle at a breakneck pace, creating a red-hot commercial real estate market in the city’s urban core. But Amazon no longer seems keen to expand in its hometown at the same rate, at least not in Seattle proper.
Around-the-web  this-week-449  Matt  amazon  HQ2  seattle  Washington  pacific-states 
25 days ago by areadevelopment
E-Commerce, Distribution Users Spar for Labor – REBusinessOnline
Industrial users in Texas, particularly e-commerce firms operating out of large-format distribution centers, are finding it harder and harder to staff their facilities with experienced, talented workers.
this-week-449  Around-the-web  Matt  ecommerce  e-commmerce  labor  workforce  economic-development  site-selection  distribution-centers  distribution  distribution-facility  fulfillment-center  supply-chain  logistics 
25 days ago by areadevelopment
Walmart is quietly taking control of its rail operations - Business Insider
Walmart is taking control of their supply chain through a pilot program in which the $500 billion retailer uses name-brand freight containers designed in-house. The pilot is only in Southern California.
this-week-449  Around-the-web  Matt  e-commmerce  ecommerce  supply-chain  logistics  rail  freight  freight-logistics  intermodal 
25 days ago by areadevelopment
Amazon Real Estate Head Holly Sullivan Has No Regrets About The HQ2 Search - Bisnow
Amazon changed the rules of economic development when it announced a 50,000-job HQ2 sweepstakes in 2017. While most searches for large facilities happen behind closed doors, the Seattle tech giant kicked off an unprecedented, high-stakes, public battle for its next corporate home.
this-week-448  Around-the-web  Matt  amazon  HQ2  economic-development  site-selection  taxes-incentives  jobs  new-york  new-york-city  mid-atlantic 
25 days ago by areadevelopment
Incubators: A Route To Economic Development - Forbes
Startups, at different levels, always have an impact on the community they inhabit. Entrepreneurship helps to develop a country's economy and works as a social equalizer.
this-week-448  Around-the-web  Matt  economic-development  entrepreneurship  startup 
25 days ago by areadevelopment
E-Commerce & Logistics Firms Dominate Largest Warehouse Deals in 2018 - CBRE
E-commerce and logistics companies accounted for 61% of the 100 largest warehouse deals (leases and sales) by square footage in 2018, totaling 100.3 million sq. ft. and ranging in size from 742,000 to 2.3 million sq. ft. The e-commerce industry’s share of these top deals (41) includes more retailers that are implementing omnichannel strategies.
this-week-448  Around-the-web  Matt  e-commmerce  ecommerce  retail  retail-industry  industrial-real-estate  warehouse-facility  warehousing  distribution-centers  supply-chain  logistics  fulfillment-center  this-week-448-new 
26 days ago by areadevelopment
Amazon’s New York ‘disaster’ reminds leaders to address gentrification - The Washington Post
Amazon’s sudden abandonment of its touted New York City project sends a message to companies and elected officials nationwide that it’s not enough to promise to create jobs to win public support for new investments in cities already facing growth pains, analysts said.
this-week-448  Around-the-web  Matt  economic-development  amazon  HQ2  new-york  new-york-city  mid-atlantic  jobs 
26 days ago by areadevelopment
Kentucky wants more secrecy for economic development incentives - Lexington Herald Leader
A bill pending in the Kentucky House would punch new holes in the state’s Open Records Act, making it harder to follow public incentives offered to companies by the Economic Development Cabinet.
this-week-448  Around-the-web  Matt  kentucky  south  taxes-incentives  economic-development  site-selection  jobs 
27 days ago by areadevelopment
Amazon's new Virginia data center is getting a bunch of tax breaks - Business Insider
While Amazon has bailed on its plans for an HQ2 office in New York, things seem to be chugging along for Virginia, the other state where the online retailer has promised a massive expansion.
this-week-448  Around-the-web  Matt  virgina  south-atlantic  amazon  data-centers  tech  high-tech  technology 
27 days ago by areadevelopment
Ron DeSantis to Trump: Put Space Force headquarters in Florida - Tampa Bay Times
If President Donald Trump goes through with an idea to create a new space-focused branch of the military, Gov. Ron DeSantis said it should be in Florida.
this-week-448  Around-the-web  Matt  Florida  south-atlantic  economic-development  site-selection  Aerospace  headquarters 
27 days ago by areadevelopment
What Amazon’s HQ2 Pullout Means for Housing in Queens - CityLab
The arrival of the tech company’s new headquarters was set to shake up the borough’s real estate market, driving up rents and spurring displacement. Now what?
this-week-448  Around-the-web  Matt  amazon  HQ2  new-york-city  new-york  mid-atlantic  economic-development  site-selection  taxes-incentives  jobs  housing 
28 days ago by areadevelopment
After Amazon's HQ2 hunt, some states target corporate tax breaks - CBS News
Amazon's announcement last week that it would abandon a planned New York City headquarters after a drawn-out bidding process has vindicated community activists who criticize the types of tax-cut deals the retail giant secured.
this-week-448  Around-the-web  Matt  taxes-incentives  HQ2  amazon  headquarters  economic-development  site-selection  jobs  high-tech  tech  technology 
28 days ago by areadevelopment
Aspen Economic Strategy Group Presents Policies to Increase Work, Wages, and Skills - The Aspen Institute
The volume is organized according to three policy goals: (1) upskilling America’s workforce, (2) increasing prime-age labor force participation, and (3) expanding private-sector wage growth among low- and middle-income workers.
industry-organizations  skills-gap  workforce-development  education  workforce-training  Around-the-web  this-week-448  government-policy  this-week-448-new 
4 weeks ago by areadevelopment
Siemens Foundation: STEM Middle-Skill Initiative
he Siemens Foundation has launched a workforce development program to help close the opportunity gap for young adults in STEM middle-skill careers. Leveraging the experience and expertise of Siemens as an industry leader and pioneer in workforce development, the Foundation identified this crucial area as a place where we can have an important impact on America’s workforce.
siemens  workforce-development  STEM-workforce  workforce-training  Around-the-web  this-week-448  this-week-448-new 
4 weeks ago by areadevelopment
Automation is Reshaping Work Across America. A New Report Explores the Impact – and How Communities Might Respond - Walmart
America at Work: A National Mosaic and Roadmap for Tomorrow examines resiliency, or the capacity to respond to change — in this case, automation. The report examines more than 3,000 counties in the United States with the goal of helping communities plan for their individual situations and develop responses that will position them to survive and thrive in a changing economy.
automation  walmart  Around-the-web  this-week-448  this-week-448-new 
4 weeks ago by areadevelopment
HQ Adieu: Amazon Will Take Its Business Everywhere Else - BUILDER Online
What builders can learn from the one of the world's most famous instances of something ending before it began.
this-week-448  Around-the-web  Matt  amazon  HQ2  economic-development  site-selection  construction  real-estate 
4 weeks ago by areadevelopment
3 Takeaways From Amazon's About-Face On NYC HQ2 - Law360
Amazon’s sudden cancellation of its planned $2.5 billion second headquarters in New York City highlights that economic development incentives are often still a tough sell to local residents.
this-week-448  Around-the-web  Matt  amazon  HQ2  headquarters  new-york  new-york-city  mid-atlantic  jobs  taxes-incentives  economic-development  site-selection  tech  high-tech  technology 
4 weeks ago by areadevelopment
Leaving Long Island City? What Losing Amazon HQ2 Would Mean For NYC's Future - Forbes
Amazon’s New York City-based HQ2 is getting some pushback — and it appears the megalith retailer is actually reconsidering its decision to put down roots in the Big Apple. There have even been reports that Amazon might pull out of its previously announced Long Island City location.
this-week-448  Around-the-web  Matt  amazon  HQ2  headquarters  new-york  mid-atlantic  new-york-city  economic-development  site-selection  taxes-incentives 
4 weeks ago by areadevelopment
In Need of Workers, the Midwest Recruits From Puerto Rico - WSJ
Companies recruit on the island, which is losing population, to find people to work in Ohio, Iowa and Nebraska.
this-week-448  Around-the-web  Matt  puerto-rico  jobs  workforce  labor  midwest  this-week-448-new 
4 weeks ago by areadevelopment
Europe Is Emerging as the Real Weak Link for Global Economy - Bloomberg
For all the palpitations that the trade war between the U.S. and China will knock out their economies, it is Europe that increasingly looks like the biggest threat to global growth.
this-week-448  Around-the-web  Matt  europe  manufacturing  business-globalization 
4 weeks ago by areadevelopment
Google Unveils $13 Billion in New Data Center Construction for 2019 - Data Center Frontier
Google will build new data centers in Texas, Ohio, Nevada and Nebraska as part of a major expansion of its Internet infrastructure in 2019,
this-week-448  Around-the-web  Matt  data-centers  site-selection  economic-development  Google  tech  high-tech  technology  cloud-solutions  this-week-448-new 
4 weeks ago by areadevelopment
Virginia’s Economy Weathers the Storm in Its Statehouse - The New York Times
As politicians across the country demand a change in Virginia’s embattled leadership, business leaders are largely sticking to the sidelines.
this-week-448  Around-the-web  Matt  virginia  south-atlantic  government-policy  economic-development  this-week-448-new 
4 weeks ago by areadevelopment
This Thriving City—and Many Others—Could Soon Be Disrupted by Robots - WSJ
Automation might not mean lower employment overall, but it can still take away jobs as it notches gains in productivity
this-week-448  Around-the-web  Matt  automotive-industry  jobs  robotics  workforce  labor  this-week-448-new 
5 weeks ago by areadevelopment
3 New Hints Emerge On Final Opportunity Zone Rules - Forbes
Investors, community advocates and residents across America who have been anxiously awaiting economic revitalization through the Opportunity Zone program have reason to be more optimistic.
Around-the-web  Matt  opportunity-zones  taxes-incentives  economic-development  this-week-449 
5 weeks ago by areadevelopment
Don't Expect Mayors to End the Tax-Incentive Arms Race - CityLab
U.S. mayors are split on whether business incentives are good politics, but most believe—despite evidence to the contrary—that they’re good policy.
this-week-448  Around-the-web  Matt  economic-development  taxes-incentives  site-selection  amazon  HQ2 
5 weeks ago by areadevelopment
‘Flesh and blood robots for Amazon’: They raid clearance aisles and resell it all online for a profit - The Washington Post
The retail giant hasn’t shied away from promoting its small businesses: In 2018, the number of small and medium-size businesses that passed $1 million in sales in Amazon stores worldwide grew by 20 percent. Third-party sales are growing at a faster rate than first-party sales online, the company said last month.
this-week-448  Around-the-web  Matt  amazon  e-commmerce  ecommerce  small-business  retail  retail-industry 
5 weeks ago by areadevelopment
Building a City in the Cloud - Forbes
Online businesses and virtual jobs may be able to revive even the most fragile of economies. With the threat of a recession on the horizon, that’s a beautiful thought.
this-week-448  Around-the-web  Matt  workforce  jobs  economic-development  automation  tech  high-tech  technology 
5 weeks ago by areadevelopment
How to get the 5 generations in the workforce to work together - Fast Company
How to get your boomers and your gen-Zers (and everyone in between) on the same page, despite very different styles.
this-week-448  Around-the-web  Matt  workplace  workplace-trends  workforce  millennials  gen-z  this-week-448-new 
5 weeks ago by areadevelopment
Infographic: Visualizing the World's Busiest Ports - Visual Capitalist
An estimated 90% of world trade is facilitated by maritime shipping, and as trade volumes continue to increase, the world’s busiest ports continue to grow larger and more efficient to meet demand.
this-week-448  Around-the-web  Matt  ports  infrastructure  logistics  supply-chain  this-week-448-new 
5 weeks ago by areadevelopment
Amazon Threat to Back Out of NYC Shakes Up Real Estate Brokers - Bloomberg
Without a boost from Amazon, the number of condominium sales in Long Island City will probably slow, said Patrick W. Smith, a Stribling & Associates broker. Since Amazon announced its plans, homebuyers had signed 132 contracts in the neighborhood as of Feb. 3, his data show, up from 40 signed in the same period a year earlier.
this-week-448  Around-the-web  Matt  new-york  new-york-city  mid-atlantic  HQ2  amazon  high-tech  technology  tech  jobs  queens  headquarters  site-selection  economic-development  taxes-incentives 
5 weeks ago by areadevelopment
New Investors Boost Construction, Competition in Data Center Sector - Data Center Frontier
The rapid growth of cloud computing has attracted new types of investors in the data center industry, who are eager to capitalize on the sector’s success. These new investors are creating new companies to compete for cloud business, and investing in data center construction in leading markets.
this-week-448  Around-the-web  Matt  data-centers  construction  real-estate  this-week-448-new 
5 weeks ago by areadevelopment
U.S. Steel wins tax breaks from one of America's poorest cities
United States Steel Corporation founded Gary, Indiana in 1906 - naming it after co-founder Elbert Henry Gary - and the city's fortunes have been closely tied to the company ever since.
this-week-448  Around-the-web  Matt  steel-industry  trade  trade-agreements 
5 weeks ago by areadevelopment
The Super Bowl Cost Atlanta $46M. Was It Worth It? - Bisnow
“For us, it was a complete and total win," Georgia Department of Economic Development Chief Operating Officer Bert Brantley said. "We could not have scripted it any better in terms of having the chance to show off Atlanta to the world, but also to the folks who were here in town.”
this-week-448  Around-the-web  Matt  Atlanta  Georgia  south-atlantic  economic-development 
5 weeks ago by areadevelopment
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