Transformational Projects: The Next Wave of Location Strategy is Here

27 Jun 2023


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.

Based on a survey comprised of 60 Guild members who lead location strategy for companies around the world, site selectors reveal three factors influencing transformational projects and in which industries and types of locations they are seeing transformational investment.

Read the complete article here.