Current Issue: March 2025

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Read March 2025 Issue

Cover Story

2024 GOVERNOR’S CUPS RANKINGS: Winning Streaks

Texas wins for the 13th year in a row and South Dakota repeats as the per-capita champ. Editor Emeritus Mark Arend talks to Texas Gov. Greg Abbott, former South Dakota Gov. Kristi Noem (now U.S. Secretary of Homeland Security) and new South Dakota Gov. Larry Rhoden about their states’ success. “Freedom” is a common thread.

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Features

AGRIBUSINESS: Something Old Made New Again

Is the zeitgeist right for agrihoods? Gary Daughters looks into the increasingly popular neighborhood concept and talks to one of its champions.

BIOPHARMACEUTICALS

Could AI save lives? Deployments by Moderna and Amgen will offer evidence. Arnold & Porter’s Global Life Sciences lead shares insights on the convergence of AI and life sciences.

AIRPORTS & AIRPORT CITIES

A report from Geneva, Switzerland–based Air Transport Action Group documents aviation’s contribution to global prosperity.

DATA CENTERS: Stars Align In Wonder Valley

Shark Tank’s Kevin O’Leary bets $70 billion on a new AI park in Alberta.

MISSISSIPPI RIVER CORRIDOR

Greater St. Louis and Fort Madison, Iowa, top our rankings of metros along the entire river’s length according to their project activity.

TOP MICROPOLITANS OF 2024: Bow Down Before Ohio

Steadfast Findlay, Ohio, is No. 1 again. Wait ’til you see how many other Ohio micropolitan areas are crowding the top of the rankings.

Top Metros – Tier 1: Investment Keeps Sailing into the Windy City

With nearly 100 more projects than in 2023, Chicagoland reigns supreme among the nation’s largest cities. Greater Austin, Texas, wins the per-capita competition.

Top Metros – Tier 2: Dayton Lands Back on Top

The region returns to No. 1 among medium-sized metro areas for the first time since 2021. Sioux Falls, South Dakota, is No. 1 per capita.

Top Metros – Tier 3: Purpose Built for Industry Needs

Ongoing success at a major industrial park continues to propel the fortunes of Tier 3 champion Bowling Green, Kentucky, which takes the per-capita title as well.

Investment Profiles

VIRGINIA: Cybersecurity Is In the Commonwealth’s DNA

Virginia takes keeping its tech-talent pond well stocked very seriously.

PNK GROUP: A New Generation of Industrial Buildings

PNK Group’s commitment to optimizing processes transforms potentially stressful projects into successful, hassle-free experiences. By integrating its innovative processes with strategically designed multifunctional facilities, this industrial construction engineering and development company accelerates the construction process, ensuring each project is completed on time, within budget and free from the typical roadblocks that often slow down site development.

Maryland’s New Frontier

Biomanufacturing is expanding horizons in life sciences. Darryl Sampey, a veteran of Maryland’s life sciences community, co-founded BioFactura, a biopharmaceutical startup, in 2004. Twenty-plus later, he views the newly expanded business as a “poster child” for a homegrown Maryland biotech company. Conceived in after-hours brainstorming sessions at an earlier Maryland startup, nourished by generous state […]

SAN BERNARDINO COUNTY: Airport Growth Fuels Economic Expansion

Airport-driven economic development is not just a desired outcome in San Bernardino County in Southern California; it is ingrained into the strategy and mission of those who lead the airports in this Inland Empire jurisdiction of 2.18 million people.

International

ONTARIO

Roche Canada and OmniaBio join AstraZeneca in a life sciences surge.

NORTH AMERICAN REPORTS : March 2025

Apple’s $500 billion bet on the United States; GlobalFoundries in New York; a new lithium refi nery in Oklahoma; CBRE’s 100 largest o ce leases; Diageo in Alabama; Novva Data Centers in Arizona

MIDDLE EAST

Tens of billions of dollars in projects are headed to Saudi Arabia. Many are in the surging AI space, and one big one is in HVAC.

BRAZIL: Brazil’s Handshake To the World

Market access, resources and a diversifying economy propel an FDI juggernaut.

ASIA: Site Selection in an Era of Uncertainty

Tractus Asia Co-Founder John Evans offers his perspective on a new level of uncertainty and risk in global site selection.

Departments

EDITOR’S VIEW: Play Ball

If you build it … chances are you’ll expand it later.