Area Development Magazine

1 month ago | areadevelopment.com | Lee Walker Helland

Hardly a day goes by that we’re not absorbed in artificial intelligence news. Unprecedented product launches, enormous data center projects, and concerns around the tech’s energy consumption and sustainability dominate tech headlines. But meanwhile, a smaller and quieter narrative about the future of data processing is quickly gaining volume and momentum.

Jan 17, 2025 | areadevelopment.com | Dan Emerson

AEP Ohio, the state’s largest power provider, has proposed a controversial new rate structure targeting data centers and cryptocurrency mining operations, prompting strong opposition from tech giants such as Google, Amazon, Microsoft, and Meta. The proposal, introduced in May, comes in response to a sharp increase in electricity demand due to the rise of data centers in the Columbus area, a region that has rapidly transformed into a major data hub over the past five years.

Oct 31, 2024 | areadevelopment.com | Steve Kaelble

Stephen Levine, executive managing director in the Industrial and Logistics Services division at the real estate firm Newmark, recalls the 1960s TV series “I Dream of Jeannie.” He mentions it when describing Florida's Space Coast, where Major Nelson and Major Healey experienced their televised antics involving a genie named Jeannie.

Oct 23, 2024 | areadevelopment.com | Brian Gallagher

Across the country, stores are empty while porches fill with delivery boxes, placing retail owners and developers in a unique position. The changes retailers need to make are fundamental, not incremental, and these changes begin with decisions about how to locate, build, and outfit retail spaces.

Oct 18, 2024 | areadevelopment.com | John Wall |Jeff Allen |Sandy Steele |John DeWorken worked

Several new laws enacted in the spring of 2024 should benefit South Carolina’s economic development recruitment efforts for several target industries, including two priorities of the South Carolina Economic Developer’s Association (“SCEDA”). Here’s a breakdown of several newly signed laws. Green Jobs Boom in 2023: Is the IRA a Leading Factor?