The News: A panel of leading site selection, construction and legal experts says the biggest threats to successful projects are no longer just incentives or costs. Instead, inadequate utility capacity, unrealistic timelines, permitting challenges, workforce shortages and poor due diligence are increasingly becoming the deal-breakers that can derail major investments.
SITEBOXX Take: The message for economic developers is clear: having an available site is no longer enough. Communities that can demonstrate infrastructure readiness, workforce availability and predictable project execution will have a significant competitive advantage in winning new investment.
Source: Read the full report at Area Development.
