Economic Development
Covering topics such as development incentives, business preservation, job creation and training and unemployment.
A stretch of a historic highway in Lancaster, Calif., was transformed from a semi-freeway through town to an inviting space for residents and passersby to linger and connect.
State officials are worried that under-resourced, low-income young adults may be left behind if not given the proper access and training needed to fill thousands of existing and anticipated jobs.
Many of life’s little enjoyments used to be concentrated in university communities. Now they are turning up almost everywhere.
The company controls millions of square feet of offices, so its struggles will surely cause more headaches for landlords. But the model it pioneered remains attractive.
The nation grew at a 5.2 percent annual rate in the third quarter of this year, but several factors indicate that a number of states are not seeing the same trends. The preliminary unemployment rate rose in 38 states.
Ingredients include increased numbers of residents, cultural amenities and tourism. The key is not depending too heavily on office workers.
Even in a work-from-home era, deregulation — fewer restrictions on commercial property development — would lead to more business creation and more jobs with higher wages.
A proposed law would require successful bidders for county construction work valued at $1 million or more to meet the standards of a New York State Apprenticeship program in an effort to retain trade students.
On-the-job training can serve as one way for states and localities to meet ongoing public- and private-sector labor shortages.
Despite job gains moving at their slowest pace since 2011 and extreme stress in commercial real estate, Colorado managed to stave off a recession this year. Many are wondering whether it can keep an economic downturn at bay again next year.
Future in Context
A recap of 2023's pivotal trends in gov tech: transportation transitions, cybersecurity challenges and strides in digital inclusivity.
Office workers’ exodus should be countered with wiser state and federal tax incentives, and there’s a novel municipal bond angle to promote. But cities themselves must step up to stem the urban maladies that feed public fears.
The City Council approved the creation of a supplemental zoning board of adjustment on Tuesday, Nov. 21, in hopes that the second board will help reduce the time developers have to wait for a hearing, thereby reducing costs.
Tight labor markets can be hard on corporations. But they can help marginal workers find jobs.
Interest in leasing new office space was at just 21 percent of pre-pandemic levels for the third quarter of 2023. However, there was a slight increase in tenants looking for mid-sized office space.
The state’s Constitution forbids government entities from providing a good, service or property without an equitable return, but Georgia has learned to leverage “bond-for-title” deals and “phantom bonds” to incentivize businesses.
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