LinkedIn
i


FROM SITE SELECTION MAGAZINE, JULY 2024 ISSUE


I-85 CORRIDOR

The Highway That Changed the South

From AI to super commuters, I-85 has seen it all.

Read More >>>>

INVESTMENT PROFILE: MARYLAND

It Starts with the Man in Charge

But climate tech is totally Maryland.

Read More >>>>

 

ADVERTISEMENT

i

PROJECT BULLETIN


Baytown, Texas; Albuquerque, New Mexico; Bắc Ninh, Vietnam

Alexis Elmore reports on Air Liquide in the Houston metro area; Netflix in Albuquerque; and Foxconn in Vietnam.

Read More >>>>

 

FROM THE ARCHIVES

Looking south along Atlantic Beach, Florida

Photo by Allen Allnoch: Getty Images

Halfway through the fortnight of Wimbledon, tennis is on the minds of more than those in London. Karen Brune Mathis reported last week in the Jacksonville Daily Record that, according to a release from Jacksonville, Florida–based real estate brokerage and development firm PETRA, the ATP — which governs men’s professional tennis, the ATP Tour and the ATP Challenger Tour — is moving its headquarters from a 28,000-sq.-ft. building it built in 1993 in Ponte Vedra Beach to around one-third of that space with an ocean view on the third floor of the new Grand Ocean building in Atlantic Beach. The building is part of the larger Beaches Town Center mixed-use district and is located “close to the Seahorse Oceanfront Inn and The Lemon Bar, now owned by Jacksonville Jaguars owner Shad Khan, who plans to redevelop the property as a boutique resort hotel,” Brune Mathis reported. The ATP cited its hybrid workplace strategy as the reason for the move, with fewer than 25 among a total assigned workforce of around 50 showing up in the office on a regular basis.

Sports organization headquarters moves are legion in the annals of Site Selection. Among them are the PGA of America’s move to Frisco, Texas five years ago; the decision 13 years ago by the U.S. Bowling Congress to also make the Texas move, this time from Wisconsin; and moves by the Atlantic 10 Conference to D.C. and the U.S. Soccer Federation to Atlanta documented by Ron Starner last fall. Watch this space for a closer look at the U.S. Soccer move and other soccer and sports impacts on Greater Atlanta in a forthcoming Online Insider exclusive by Site Selection Editorial Intern David Owens.

ADVERTISEMENT

i

SITE SELECTION RECOMMENDS

The main building of the University of Iceland and the House of Icelandic Studies in Reykjavík in the foreground are pictured against the Atlantic Ocean and the Snæfellsjökull peak stratovolcano.

Photo by mtcurado: Getty Images

The Tax Foundation last week released an update on R&D tax subsidies available across Europe. The analysis by Alex Mengden is based on the implied tax subsidy rated developed by the OECD “to measure the extent of expenditure-based R&D tax relief across countries” and includes an option to download all data. Implied tax subsidy rates for large profitable firms are most generous in Iceland (42%), followed by 39% in Portugal and 36% in France and Poland.

THE FUTURE IS TEXAS

PHOTO OF THE DAY

Photo by Rich Fury courtesy of Sphere Entertainment

Wanna see our fireworks photos? Didn’t think so. But this image shows a different take on Independence Day celebrations last week from Sphere, which was also celebrating the one-year anniversary of the first illumination of the structure’s “Exosphere,” which it says is the world’s largest LED screen. The Fourth of July event in Las Vegas included the aerial acrobatics of more than 500 drones that took many shapes including the fireworks flares shown here.