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Features

March 1, 2001

Progress Collides with Smart Growth

G rowing pains and growth obviously go hand in hand. Sprawl and traffic congestion are an inescapable part of modern metropolitan life.         Actually it is a barometer of prosperity. The benefits of growth are sometimes lost in the minds and media, especially after a decade of continuous prosperity. When the populous […]

March 1, 2001

Hong Kong Poised for New Era

N aysayers predicted havoc when the British handed over Hong Kong to Mainland China in 1997. But instead of Red Chinese soldiers charging in to take control, the floodgates opened the other direction. Hong Kong capitalists living in this landlocked economic powerhouse began pouring large sums of money into South China.         […]

March 1, 2001

Jubail Sets Example for Emerging Economies

I n the new global supply chain — reduced by globalizaton and falling trade barriers — the crunch to shrink costs is driving world-class industries to position production facilities strategically closer to raw materials sources.         Low-cost development zones are emerging to accelerate the reverse migration and few industrial sectors have been […]

March 1, 2001

Michigan: Detroit Dynasty Dominates Governor’s Cup

D ETROIT — It wasn’t that long ago that pundits and pols alike were lamenting the demise of the Motor City and the state to which it belongs.         There is little such talk now. Winning Site Selection magazine’s coveted Governor’s Cup for a record fourth year in a row (see the […]

March 1, 2001

Global IT Expert: ‘Think Digital, Act Analog’

W hen Lee Arnold talks about the impact of the Internet on corporate real estate executives, he uses phrases like “fast-moving flexibility,” “blurring of the lines,” “bandwidth access” and “the barrier of inertia.” With Arnold, information technology chairman for global service provider Colliers International (www.colliers.com), the concepts of speed and transition aren’t just fodder for […]

March 1, 2001

IDRC Abstracts, March 2001

A bstracts of major presentations of the International Development Research Council (IDRC), the world’s preeminent corporate real estate association. “Digital Darwinism: Strategies for Evolving, Adapting, Surviving and Thriving in an e-Business World,” Florida World Congress, Nov. 6, 2000:         The companies that evolve the quickest and adapt to the new e-business landscape […]

March 1, 2001

Portfolio Management Migrates to the Web

Fast Track Project Management WorkPlaceUSA (www.workplace-usa.com), a Dallas-based provider of project management and other real estate services, is using an Internet-based project management system from Citadon (www.citadon.com), San Francisco, to facilitate the simultaneous creation of 13 network information centers for WorldCom. The $900 million effort involves building 12 centers totaling 1.3 million sq. ft. (120,700 […]

March 1, 2001

Changing of the Guard in Tennessee

A banner year for the Volunteer State came to an end as the man responsible for a large portion of Tennessee’s economic success stepped down from his post to return to the private sector.         On the same day that Tennessee Gov. Don Sundquist announced that his state had achieved a record […]

March 1, 2001

Real Estate Services Update

T he corporate real estate industry’s service provider community is in the midst of a heightened state of “convergence” if the past few months are any indication. Late 2000 saw numerous alliances and acquisitions that support a theory put forward in the Site Selection January 2001 cover story, “E-Business Levels the Real Estate Playing Field”. […]

March 1, 2001

Decision Data: Go West, Young Entrepreneur

T he “Wild, Wild West” mentality of Nevada may not be kind to your pocketbook if you’re a high-stakes gambler, but it just might be your best friend should you decide to launch and grow a business there.         According to the annual Cognetics ranking of “Entrepreneurial Hot Spots,” Nevada is the […]

March 1, 2001

Johnson Controls Office Occupancy Costs Index, Q4 2000

Introduction: Information at your fingertips         Welcome to the 4th Quarter 2000 Johnson Controls USA Office Occupancy Costs Index, which provides a snapshot guide to the cost of providing and operating property and facility management services in the USA.         This cost index briefing is published twice a year […]

March 1, 2001

BT’s Workplace Model Spreading in the UK

“U p until a few years ago,” says Frank Shepherd, “There were three ways of getting work done. Fixed offices took up 95 percent of the time, mobile work took up 3 percent or 4 percent and teleworking (permanent home-based working) was barely 1 percent. Today hybrid areas are emerging, as are nomadic touchdown satellite […]

March 1, 2001

Leadership Forum Tackles Bandwidth, Valuation Issues

J ones Lang LaSalle’s (JLL) Global Consulting division recently gave clients and prospects another opportunity to step out of the corporate real estate management fray and put the rapid change they are enduring in context. Dozens of real estate managers joined a team of JLL executives at the firm’s latest Real Estate Leadership Roundtable, in […]

March 1, 2001

How Economic Developers Evaluate Project Impacts

U nderstanding how cities view and evaluate projects is critical to developing more cooperative and insightful relationships between your company and the communities in which you do — and would like to do — business. This article presents an overview of how public officials view and evaluate the community impacts associated with economic development projects. […]

March 1, 2001

Site Selection Governor’s Cup 2000

T he big news surrounding the Site Selection Governor’s Cup facilities race for 2000 is the fact that the big winners — Michigan and Detroit — are getting quite comfortable taking their respective rides down victory lane.         For the fourth year in a row, the state of Michigan claimed the top […]

January 1, 2001

Newsmaker of the Month: St. Joe Company

W hen people think of Florida, most probably envision sandy white beaches, family-oriented theme parks and lots of retirement communities. When business people think of Florida, the hot spots of Miami-Fort Lauderdale, Tampa-St. Petersburg, Orlando and Jacksonville readily come to mind.       But what about Northwest Florida — or the region locals like […]

January 1, 2001

Numbers Tell Story in Chicago, Boston

I t’s no secret that two of the hottest corporate real estate markets in America are Chicago and Boston. What you may not know is why. After nearly a decade of record US economic expansion, why do these two diverse and yet similar metropolitan markets continue to top the charts for corporate users of industrial […]

January 1, 2001

Message to IDRC Members: Change or Become Obsolete

O RLANDO, Fla. — Corporate real estate executives have a choice: Change in the face of the e-business revolution or risk being made extinct by it.       In a nutshell, that was the overriding theme of the 76th North American IDRC World Congress, held Nov. 4-8 in the tourism capital of the world: […]

January 1, 2001

Copehagen Forum Gives Voice to E

W aves of “creative destruction” will see large numbers of managerial, professional and technical personnel put out to pasture because the technology is so good. These were only some of the conclusions to come out of the Copenhagen World Congress of the Industrial Development Research Council (IDRC), the pre-eminent corporate real estate (CRE) association, on […]

January 1, 2001

Study Reveals British Columbia’s Low Call Center Labor Costs

W hoever said ignorance is bliss obviously wasn’t looking to site a facility, especially not a call center. And when ignorance means missing out on 40-50 percent in labor costs savings … well it could mean blissful unemployment. But on behalf of those not knowing that Canada’s British Columbia (BC) could save their firms that […]

January 1, 2001

Developers Consider Financing on the Web

P anelists at a recent session on Internet-based capital sources had their work cut out for them. The speakers were part of the program at a NAIOP (National Assoc. of Industrial and Office Properties) conference in Orlando, Fla., in October. “We hope you get so comfortable using the technology that you don’t even think about […]

January 1, 2001

Best State Sites for Site Seekers

T he Internet is helping all of us to work faster and better, right? Well, yes and no. Development organizations have created hundreds of Web sites targeting site selectors, but are they really getting the job done any better or faster than the hundreds of brochures, CD-ROMs and videos that came before? To find out, […]

January 1, 2001

Site Selection Honors Corporate Real Estate’s Elite Service Providers

R epresentatives of 10 corporate real estate service provider companies left the International Development Research Council’s Florida World Congress in November with at least one item with which they did not arrive in Orlando. These people accepted the 2000 Site Selection/William Dorsey Service Provider Award on behalf of their organizations. This awards program, now in […]

January 1, 2001

Wired Cities: Working-Class Communities Build Next Frontier of High-Speed Connectivity

T ACOMA, Wash. — When Mitch Davis needed a high-speed launching pad for his startup Internet company, he ditched high-priced Seattle for its blue-collar neighbor some 35 miles to the south: Tacoma. When John Gorst needed a place to set up his Internet utility company that provides Web hosting of applications for small businesses around […]