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| FROM SITE SELECTION MAGAZINE, MARCH 2023 ISSUE |
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TOP INDUSTRIES OF 2022
Machinery and food & beverage finish No. 1 and No. 2 behind strong surges over 2021 totals.
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NEW MEXICO
The state’s Borderplex region leverages assets and infrastructure improvements to drive economic growth.
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California
San Francisco, Exhibit A for the “urban doom loop” that has seen downtown office space and accompanying amenities empty out in the wake of the pandemic, has just welcomed a new lease in the financial district from, ironically, a company known for its driver-free cars. Waymo, the Alphabet-owned autonomous ride service that’s been piloting programs in its home city as well as Phoenix and Austin, last week signed a lease for 78,000 sq. ft. in an area where The Real Deal says one in three office spaces is vacant. The transaction follows the company’s sublease at the location from Uber, which moved from the space into its new HQ in Mission Bay in 2021.
Minnesota
One week ago today, Cummins welcomed U.S. President Joe Biden to this expanding manufacturing facility and chose the occasion to announced it will also invest more than $1 billion across its U.S. engine manufacturing network in Indiana, North Carolina and New York. Cummins President and CEO Jennifer Rumsey noted the incentives in measures such as the Bipartisan Infrastructure Law and Inflation Reduction Act “are driving the clean energy economy forward in the United States and critical to our decarbonization efforts.” In Fridley, she said, “in just a few weeks, we will begin manufacturing one of the key pieces of technology for green hydrogen production that will help decarbonize our economy and drive the clean energy transition – the electrolyzer.” Hydrogen produced by electrolyzers can power hydrogen fuel cell vehicles and is used in industrial processes like steel production. Established in 1969, the Fridley operation employs over 900 and will plan to dedicate 89,000 sq. ft. of the existing facility to electrolyzer production starting April 24.
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| KENTUCKY — WHERE TRADITION MEETS INNOVATION |
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HIGHER EDUCATION
A total of 27 public colleges and universities stand ready to assist companies.
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| SITE SELECTION RECOMMENDS |
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Clarion Partners has 21 active Fitwel certifications including its six-building, 22-acre Merritt 7 office park in Norwalk, Connecticut, which recently garnered two new tenants.
Image courtesy Clarion Partners
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Spring saw the advent of the 2023 Best in Building Health awards from Fitwel, a healthy building certification system created in partnership with the U.S. Centers for Disease Control and Prevention and operated by the Center for Active Design (CfAD) that has 1.2 billion sq. ft. registered on the platform, impacting more than 2.6 million people. Among the honors:
- ESG Impact Through Health: Nuveen
- Portfolio Benchmarking: Clarion Partners
- Entity Wide Growth: Lionstone Investments
- Most Certifications of All-Time: Harrison Street
- Highest Scoring Built Project of All-Time: Green Matrix Consulting Company / Hon Hai Group / UL Solutions
- Highest Scoring Design Project of All-Time: Corgan / Peloton Headquarters, New York, NY
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| COLORADO – BUSINESS COMES TO LIFE 2023 |
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CREATIVE INDUSTRIES
It’s obvious to anyone who sets foot in Colorado’s vibrant creative scene.
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Georgia World Congress Center Authority (GWCCA), Hilton and Skanska in late March celebrated the ceremonial topping off of the Signia by Hilton Atlanta, calling the 453-ft., 976-room project “the city’s largest downtown ground-up hotel development project in 40 years.” When it opens in January 2024 the hotel built on the repurposed foundation of the Georgia Dome is projected to generate nearly 1,000 new jobs.
We can’t visit the site of the former Georgia Dome without referencing what happened there five years and four months ago. We’re not talking about a football game. We’re speaking, of course, of the infamous and still-funny Weather Channel reporter’s MARTA-bus-blocks-implosion-shot video. Give that man a night’s stay at the new Hilton! And give one to the bus driver too, for staying focused on her job and her timetable despite distractions like dome implosions.
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