What to Look for in an Econ Dev Partner
As technology continues to drive a wave of disruption across the site selection industry and economic headwinds loom on the horizon, it has become more important than ever for corporates to engage economic development organizations (EDOs) that have a firm understanding of the businesses, local governments and communities that they represent.
Due Diligence in Today’s Site Selection World
Companies are being pressured to make site selection decisions faster and faster in this day and age. Although speed to market is critical, it is important for these companies to carefully conduct their due diligence throughout the site selection process. Taking the time to work through details early in the process can help prevent hardships down the road.
Amazon: Putting the Site Selection Industry on the Map
Over a year after its initial Request for Proposal (RFP) was issued, Amazon has finally announced the location of its second headquarters (HQ2). Two locations—Long Island City, New York and Arlington, Virgina—ended up being selected, with the previously announced 50,000 jobs being split between them, and an additional 5,000 jobs allocated to Amazon’s Operations Center of Excellence in Nashville, Tennessee.