Transformational Projects: The Next Wave of Location Strategy is Here
27 Jun 2023
News
A new survey conducted by the Site Selectors Guild indicates that the next wave of location strategy is here. Amid the heightened frequency of corporations’ multi-billion-dollar facility investments known as “megaprojects,” there is a clear domino effect of “transformational projects,” or capital expenditures in secondary markets that stimulate outsized job creation, housing, retail, and other activity compared to the market’s historical record of economic development.
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