Looking for the perfect spot for your business? Palmdale is the third largest city in LA County and growing. With over 13 million square feet of industrial space in development, the City offers close proximity to major distribution facilities such as Amazon, Trader Joe’s, Rite Aid, Michael’s and Sygma. Palmdale is centrally located within 90 miles of LAX and the ports of Los Angeles and Long Beach with quick access to all major freeways.
Atsuyoshi Koike (left), president and CEO, Rapidus, and Norishige Morimoto, vice president of IBM Japan and chief technology officer, IBM Research & Development
In keeping with recent Tractus analysis in Site Selection of global incentives offerings for semiconductor company investments, Japan earlier this month unveiled new incentives measures expected to provide up to $65 billion (10 trillion yen) in support for chip makers and AI companies. Nikkei reported that Prime Minister Shigeru Ishiba stated the incentives will reinforce private- and public-sector investment of more than $325 billion over the next 10 years.
The Nikkei report notes that Japan’s Rapidus will benefit from the new measures. The company recently announced a new center for back-end semiconductor manufacturing process R&D, as well as an expanded collaboration with IBM and a new collaboration agreement with Hokkaido University intended to “enhance Japan’s scientific and technological capabilities, and develop human resources for the semiconductor industry.”
Nanjing ifc mall, located in the heart of the Hexi Central Business District (CBD) in Nanjing, opened in August and received LEED-Platinum certification this week.
Photo courtesy of Sun Hung Kai Properties
Concurrent with the recently convened Greenbuild conference in Philadelphia, the U.S. Green Building Council (USGBC) released a trio of reports shedding light on green building progress to this point and where sustainability in the built environment needs to go next.
The next day, the USGBC released PERFORM, a new offering that the organization said “provides guidance, tools, and third-party verification from GBCI, helping organizations meet sustainability goals and reporting requirements while improving portfolio-wide performance.” Among its data partners on the new system is Measurabl, one of Site Selection’s data partners for the publication’s annual Sustainability Rankings.
And on the day after that, the USGBC released its USGBC Impact Report, a review of three decades of work. “The report notes that LEED certified projects across all certification levels are designed to save more than 120 million metric tons of CO2 emissions,” the USGBC stated. Additional highlights include:
195,000+ LEED projects in 186 counties
29 billion total square feet of LEED-certified space
More than 547,000 LEED-certified residential units
More than 330 LEED certified Cities and Communities
5,000 certified schools impacting eight million students
5,300 USGBC member organizations
“The impact of our community extends beyond buildings,” said USGBC President and CEO Peter Templeton. “Our global community has shaped policy, shifted markets toward sustainable and healthy materials, inspired generations of professionals, and proven that the built environment can be a leading contributor to a better future for all.”
PHOTO OF THE DAY
Photo courtesy of Business Wire and Port Houston
This 2021 photo of the general cargo facility and turning basin at Port Houston accompanied news last week that the organization was awarded $25 million in grant funding from the U.S. Department of Transportation’s Maritime Administration (MARAD). Port Houston’s proposal, focused on agriculture export improvement and community resilience, is one of 11 large Port Infrastructure Development Program (PIDP) grant projects selected from across the nation, aimed at enhancing the safety, reliability and resiliency of ports. The port and other Texas ports home to U.S. Foreign-Trad Zones figured prominently in Site Selection’s recent rankings of U.S. FTZs.