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Industry Focus – Retail: Less Than Six Degrees of Separation

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Retail accounts for more than $2 trillion in total GDP impact with consumer spending accounting for more than two-thirds of the U.S. The Tarpon Point Resort at Marina Village is home to a number of upscale retail shops and restaurants. By the BF Staff From the March/April 2016 Issue. Credit: City of Cape Coral). percent.

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STATE FOCUS: Florida – Let The Sun Shine

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percent in 2015 and 2.4 percent in 2012, retail sales will grow at an average pace of 3.7 This is due in part to the fact that economic recovery in Florida is feeding into retail sales. percent in 2015 before easing to 3.4 According to the 73rd Annual Report released by the Foreign-Trade Zones Board to the U.S.

Florida 74
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Innovation Is Thriving In Arizona

Business Facilities

In 2015, Apple decided to put its $2 billion, 1.3-million-square-foot Zoned mixed-use/commercial. Strong workforce within a 45 minute commute zone. Build to suit retail/restaurant pads and Class A office development opportunities. More than 2 million square feet of retail and restaurants within 3-mile radius.

Arizona 76
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Business Facilities Names 2013 Deal of the Year Winners

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An Honorable Mention Award also went to a full-court press by an “Action Team” including the Pennsylvania Governor’s office and the PA Department of Community and Economic Development that convinced specialty retail giant Urban Outfitters to double down on its investment in the Commonwealth. production of a Lexus.

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Industrial Warehouse Space, Distribution Center Demand Remains Strong

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New space is often build-to-suit for major retailers and manufacturers, as an estimated 40% of existing U.S. An additional two million square feet are in the planning stages and expected to be complete by 2015. India Invests in Multi-Brand Retail Trading: Economic growth remained stagnant in India.

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FEATURE STORY: Racing To Be Ready – U.S. Ports Prepare for Post Panamax Era

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When the Panama Canal expansion is complete in 2015, supersized post-Panamax ships from Asia will be able to traverse the canal and, for the first time, have direct all-water shipping access to ports on the Gulf of Mexico and the East Coast. Its key feature is highly automated 30+ lane transfer zones and automated live e-gates.

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Less Is More In New England

Business Facilities

The Granite Ridge Development District: The creation of the Granite Ridge Development District, a 913-acre commercial and entertainment zone, involved policy changes as well as active investment attraction. Waterstone Retail of Needham, MA has a 500,000-square-foot center underway with Phase 1 now open and Phase 2 approved by the city.