Business Facilities - May 2008 - (Page 6) FIRST WORD 44 APPLE STREET, SUITE 3 • TINTON FALLS, NEW JERSEY 07724 (732) 842-7433 • (800) 524-0337 • FAX (732) 758-6634 VOLUME 41 NUMBER 5 All Systems Are Go www.BusinessFacilities.com EXECUTIVE PUBLISHER TED COENE tcoene@groupc.com EDITOR IN CHIEF JACK ROGERS W hen I began introducing myself to the economic development community during the past month as the new editor in chief of Business Facilities, I expected to hear a lot of pessimism. After all, times are tough. Economic indicators are pointing down, the cost of energy is skyrocketing, and the stability of the international financial system is—well, let’s not even go there. I was pleasantly surprised to discover that economic developers aren’t wasting time wringing their hands about the current downturn. They are too busy investing in the future. The foundation for tomorrow’s growth is being built today, and not from yesterday’s brick-and-mortar blueprints but from dynamic and sustainable plans that will take us where we need to go, not where we already have been. Innovation is the watchword, incentives are creative and meaningful, and the competition between locations is fierce. Emerging high-tech clusters are transforming formerly barren economic zones into productive gardens of opportunity. You can chart the progress of this global evolution on the pages of this magazine and in our lively Business Facilities blog. Whether it’s a huge semiconductor plant in Utah, an emerging biotech hub in Florida, an Air Force base in New York that has been reborn as a technology park, a fiber optic network in North Dakota, or a bold alternative energy strategy in Wales, nobody, it seems, is standing still. The smart money isn’t sitting under a mattress. It is doubling down on redevelopment, new facilities, and expansion, bringing to life an astounding variety of innovative enterprises. All systems are go. We are ready for liftoff. jrogers@groupc.com MANAGING EDITOR MICHELLE JANOWITZ mjanowitz@groupc.com ASSOCIATE EDITOR BILL TRÜB btrub@groupc.com EDITORIAL ADVISORY BOARD PHILIP W. ANDERSON, PHD, PRESIDENT AND CEO, P.W. ANDERSON & PARTNERS, INC.; DEL BIRCH, VICE PRESIDENT, ExecutivePulse, INC.; JAN DICKINSON, PRESIDENT AND CEO, THE DICKINSON CONSULTING GROUP; MICHAEL P. HICKEY, PRESIDENT, HICKEY & ASSOCIATES; FRANK MANCINI, JR., MANAGING MEMBER, HARBORAGE, LLC; STUART MACKAY, PRESIDENT, MMK CONSULTING; DON SCHJELDAHL, DIRECTOR OF THE FACILITIES LOCATION GROUP, THE AUSTIN CO.; FREDERICK METZ SHEPPARD, MANAGING DIRECTOR, QUADRAL GROUP; FRANK J. SHERWOOD, VICE PRESIDENT, STAUBACH CORPORATE SERVICES, HOWARD R. SILVERMAN, PRESIDENT & CEO, THE CAI GLOBAL GROUP INC.; MARK SWEENEY, SENIOR PRINCIPAL, MCCALLUM SWEENEY CONSULTING; JERRY SZATAN, PRINCIPAL, SZATAN & ASSOCIATES PRODUCTION MANAGER LUANN RATHEMACHER luann@groupc.com GROUP CREATIVE DIRECTOR JEFFREY CLAPP clapp@groupc.com SENIOR DESIGNER MEGAN KNIGHT mknight@groupc.com SENIOR WEB DESIGNER GLADYS ROLDAN groldan@groupc.com ADVERTISING NATIONAL SALES MANAGER: U.S. AND EUROPE JIM SEMPLE jsemple@groupc.com SR. ACCOUNT EXECUTIVE: U.S. AND CARIBBEAN BEN NACHSIN bnachsin@groupc.com SR. ACCOUNT EXECUTIVE: REAL ESTATE AND BUSINESS SERVICES, WEST COAST, MEXICO, CANADA, ASIA/PACIFIC, SOUTH/CENTRAL AMERICA DAVE GOLDSTEIN dgoldstein@groupc.com WEBMASTER PETER MCCABE pmccabe@groupc.com AD TRAFFICKING MANAGER JUDY NOWELL jnowell@groupc.com VP MARKETING AND ONLINE PUBLISHER !! BILL MACRAE bmacrae@groupc.com MARKETING DIRECTOR MARY ELLEN MCCANDLESS maryellen@groupc.com CIRCULATION MANAGER/SALES ASSISTANT CATHY ASTE caste@groupc.com GROUP C COMMUNICATIONS, INC. EDGAR T. COENE . . . . . . . . . . . . . . . . . SUSAN COENE. . . . . . . . . . . . . . . . . . . TED COENE . . . . . . . . . . . . . . . . . . . . . LYLE CONNOR . . . . . . . . . . . . . . . . . . . . . . . . . . . CHAIRMAN OF THE BOARD MANAGING PARTNER MANAGING PARTNER COMPTROLLER BUSINESS FACILITIES IS A PUBLICATION OF GROUP C COMMUNICATIONS, INC. ©COPYRIGHT 2008 BY GROUP C COMMUNICATIONS; ALL RIGHTS RESERVED. PROUD MEMBERS OF: Jack Rogers jrogers@groupc.com 6 M AY 2 0 0 8 http://www.BusinessFacilities.com http://www.BusinessFacilities.com
Table of Contents Feed for the Digital Edition of Business Facilities - May 2008 Business Facilities - May 2008 Contents First Word Snapshots The UK's Most Lucrative Locations, Pound for Pound Economic Development in a Flash Corporate Moves: Massachusetts Florida: A Ripe Climate for Innovation Innovating Big in Rhode IIsland Retail Set to Ride Out a Recession Corporate Moves: New Jersey South Carolina: A Sweet Spot in the Southeast Endless Opportunities in North Carolina Economic Awakening in the Mohawk Valley Metro Spotlight: Alexandria, LA Where Call Centers Call Home Texas Receives First Business Facilities State of the Year Award Advertiser Index Inside Livexchange Business Facilities - May 2008 Business Facilities - May 2008 - Business Facilities - May 2008 (Page Cover1) Business Facilities - May 2008 - Business Facilities - May 2008 (Page Cover2) Business Facilities - May 2008 - Business Facilities - May 2008 (Page 1) Business Facilities - May 2008 - Contents (Page 2) Business Facilities - May 2008 - Contents (Page 3) Business Facilities - May 2008 - Contents (Page 4) Business Facilities - May 2008 - Contents (Page 5) Business Facilities - May 2008 - First Word (Page 6) Business Facilities - May 2008 - Snapshots (Page 7) Business Facilities - May 2008 - The UK's Most Lucrative Locations, Pound for Pound (Page 8) Business Facilities - May 2008 - The UK's Most Lucrative Locations, Pound for Pound (Page 9) Business Facilities - May 2008 - Economic Development in a Flash (Page 10) Business Facilities - May 2008 - Economic Development in a Flash (Page 11) Business Facilities - May 2008 - Economic Development in a Flash (Page 12) Business Facilities - May 2008 - Economic Development in a Flash (Page 13) Business Facilities - May 2008 - Economic Development in a Flash (Page 14) Business Facilities - May 2008 - Economic Development in a Flash (Page 15) Business Facilities - May 2008 - Economic Development in a Flash (Page 16) Business Facilities - May 2008 - Economic Development in a Flash (Page 17) Business Facilities - May 2008 - Corporate Moves: Massachusetts (Page 18) Business Facilities - May 2008 - Florida: A Ripe Climate for Innovation (Page 19) Business Facilities - May 2008 - Florida: A Ripe Climate for Innovation (Page 20) Business Facilities - May 2008 - Florida: A Ripe Climate for Innovation (Page 21) Business Facilities - May 2008 - Innovating Big in Rhode IIsland (Page 22) Business Facilities - May 2008 - Innovating Big in Rhode IIsland (Page 23) Business Facilities - May 2008 - Retail Set to Ride Out a Recession (Page 24) Business Facilities - May 2008 - Retail Set to Ride Out a Recession (Page 25) Business Facilities - May 2008 - Retail Set to Ride Out a Recession (Page 26) Business Facilities - May 2008 - Corporate Moves: New Jersey (Page 27) Business Facilities - May 2008 - Corporate Moves: New Jersey (Page 28) Business Facilities - May 2008 - South Carolina: A Sweet Spot in the Southeast (Page 29) Business Facilities - May 2008 - South Carolina: A Sweet Spot in the Southeast (Page 30) Business Facilities - May 2008 - South Carolina: A Sweet Spot in the Southeast (Page 31) Business Facilities - May 2008 - Endless Opportunities in North Carolina (Page 32) Business Facilities - May 2008 - Endless Opportunities in North Carolina (Page 33) Business Facilities - May 2008 - Endless Opportunities in North Carolina (Page 34) Business Facilities - May 2008 - Endless Opportunities in North Carolina (Page 35) Business Facilities - May 2008 - Economic Awakening in the Mohawk Valley (Page 36) Business Facilities - May 2008 - Economic Awakening in the Mohawk Valley (Page 37) Business Facilities - May 2008 - Economic Awakening in the Mohawk Valley (Page 38) Business Facilities - May 2008 - Economic Awakening in the Mohawk Valley (Page 39) Business Facilities - May 2008 - Metro Spotlight: Alexandria, LA (Page 40) Business Facilities - May 2008 - Metro Spotlight: Alexandria, LA (Page 41) Business Facilities - May 2008 - Where Call Centers Call Home (Page 42) Business Facilities - May 2008 - Where Call Centers Call Home (Page 43) Business Facilities - May 2008 - Where Call Centers Call Home (Page 44) Business Facilities - May 2008 - Where Call Centers Call Home (Page 45) Business Facilities - May 2008 - Texas Receives First Business Facilities State of the Year Award (Page 46) Business Facilities - May 2008 - Advertiser Index (Page 47) Business Facilities - May 2008 - Inside Livexchange (Page 48) Business Facilities - May 2008 - Inside Livexchange (Page Cover3) Business Facilities - May 2008 - Inside Livexchange (Page Cover4)
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