A handful of state Governors across the U.S. submitted their Opportunity Zone census tracts to the U.S. Treasury Department as required by federal law on March 21, 2018.  Many states were granted a 30 day extension by Treasury and will submit their recommendations in April.  The federal Opportunity Zone Program creates substantial capital gains tax […]

Read more

Love him or hate him, there seems to be no in-between, President Donald Trump has touched on at least one issue many Democrats and Republicans both believe needs to be addressed—infrastructure.  Regions and states are struggling to finance their public infrastructure.  A $170,000,000,000 infrastructure funding gap exists.   Recently, President Trump announced a $1.5 T infrastructure […]

Read more

The availability of low cost, reliable energy is critical to economic success.  Energy Lead Economic Development capitalizes on existing regional natural energy resources and creates wealth through long term sustainable development strategies.  Energy is a heavily regulated industry at the state and federal level.  Ohio deregulated the retail delivery of its electric and natural gas […]

Read more

The Ohio Department of Education publishes an annual Report Card to provide input on the performance of Ohio’s K-12 schools- traditional public and community schools.  Ohio’s K-12 Report Card consists of the following elements: Achievement- number of students who passed and how they performed on the state tests; Gap Closing- measures performance expectations for vulnerable student populations; […]

Read more

The Ohio General Assembly introduced a $2.6 B state Capital Budget in companion bills, Senate Bill 266 and House Bill 529. The legislature generally approves a capital budget every two years with the goal of funding needed improvements to public services and facilities across the state, including schools, roads and bridges, waterways and parks. As usual, […]

Read more

The federal tax reform made thousands of changes to the US tax code but one in particular that has caught the attention of the economic development community is the new “Qualified Opportunity Zone” program.  The Qualified Opportunity Zone program is designed to encourage investment in businesses that are located in low-income communities by permitting a […]

Read more

Too often, negative stories of potential job losses accompany discussions of the impact of automation.  However, success stories of automation’s impact exist all over the United States in communities and companies.     Growth has centered on robotics, Automated Vehicles (AVs), embedded and mobile technology, Automated Guided Vehicles (AGVs) and the disrupters of established industries. Robotics Robots […]

Read more

Automation is having a dramatic impact on real estate development that creates challenges and opportunities in urban, suburban and rural markets.  The growth of E-Commerce closed a record number of retail establishments in the US and will continue to do so but also creates opportunities for the development of fulfillment centers.  The advent of Autonomous […]

Read more

Automation has been impacting work in the United States for over 100 years.  The Kennedy Administration pointed to the impact of automation impacting the manufacturing sector starting in the 1950s.  Industries like textiles figured out how machines could replace humans and produce higher quality products for less money.  Occupations with the highest chance of being automated […]

Read more