Seeing What's Next - Trends Impacting Economic Development & Real Estate

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Copyright 2013 Whittaker Associates, Inc Seeing What’s Next: Trends Impacting Economic Development & Real Estate Thursday, April 25, 2013 2:00pm-3:30pm EST Presenters: Steve Grable, SIOR, Jones Lang LaSalle Ted Abernathy, Executive Director, Southern Growth Policies Board Hosted by: Dean Whittaker of Whittaker Associates, Inc. in collaboration with the Pro Learning Lab

Transcript of Seeing What's Next - Trends Impacting Economic Development & Real Estate

Page 1: Seeing What's Next - Trends Impacting Economic Development & Real Estate

Copyright 2013 Whittaker Associates, Inc

Seeing What’s Next: Trends Impacting Economic Development & Real Estate

Thursday, April 25, 20132:00pm-3:30pm EST

Presenters:Steve Grable, SIOR, Jones Lang LaSalle

Ted Abernathy, Executive Director, Southern Growth Policies Board

Hosted by:Dean Whittaker of Whittaker Associates, Inc.

in collaboration with the Pro Learning Lab

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Copyright 2013 Whittaker Associates, Inc

Thanks to Our Professional Learning Lab Partners and Affiliates

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Questions?

Tech Support:

Blane Canada, Ltd.630-462-9222

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Copyright 2013 Whittaker Associates, Inc

Steve Grable

SIORJones Lang LaSalle

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Copyright 2013 Whittaker Associates, Inc

Steve Grable, SIOR

Global Supply Chain “Threads” Interplay Between These Emerging Trends and What They Signify

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More than real estate…

50.3%

21.8%

9.5% 7.8%4.3% 2.7% 2.2% 1.2%

0%

10%

20%

30%

40%

50%

60%

Transportation Inv entory Labor Customer Serv ice Rent Admin Supplies Other

Transportation, inventory and labor typically account for 80% of the operating costs

Real estate typically accounts for less than 5%

…Understanding the total operating cost picture is critical to maximizing value

Steve Grable, SIOR

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Steve Grable, SIOR

U.S. Trade Routes

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Copyright 2013 Whittaker Associates, Inc

Steve Grable, SIOR

Global “Threads”

• Global Near Shoring

• U.S. Manufacturing

• Panama Canal Expansion

• Emerging Global Development in BRIC Countries

• Energy Shift to Natural Gas and Biomass

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Copyright 2013 Whittaker Associates, Inc

Steve Grable, SIOR

The Threads Signify…

• Job Creation

• Automation and Technical Training

• Emphasis on Speed, Flexibility, Reliability, and Efficiency

• Expansion of Logistics Clusters

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Copyright 2013 Whittaker Associates, Inc

Steve Grable, SIOR

Multi-Modal Logistics Clusters

Ships

Trains

Trucks

Airplanes

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Ted Abernathy

Executive DirectorSouthern Growth Policies Board

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I Have Nothing Profound the Say

…except, many of the things we used to know we knew, have changed

Think

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Why is it Harder To Compete?

The economy changed The competition changed Locational factors changed The U.S. workforce has changed The talent demands changed Life cycles have changed Tools have changed Customer (talent & companies) demands/expectations changed Local leadership has changed The pace of change and everything else changed

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Copyright 2013 Whittaker Associates, Inc

Demographic Shifts

Specialization

Intensifying Competition

Corporate Integration

Technology (Speed)

The Omni Customer

Natural Resources

UrbanizationGlobal Interdependence

Complexity

Changing InstitutionsRadical Decentralization

Community Resilience

The Talent Bar

Growth Future

15 of the Trends Changing Our World

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Coming Over the Horizon

1. Regionalism and clusters (places and companies tied together by geography)

2. Return-on-Investment (mania & metrics)3. Regulation 4. Return to rural worry5. Real workforce reform (maybe)6. Redefine priorities

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Summary Global Supply Chain Threads

Global Near Shoring U.S. Manufacturing Panama Canal Expansion Emerging Global Development in BRIC Countries Energy Shift to Natural Gas and Biomass

Trends Changing Our World Urbanization Global Interdependence Growth Future Complexity Corporate Integration Radical Decentralization Etc.

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Q&A

Questions?

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Copyright 2013 Whittaker Associates, Inc

Thank You!

Steve Grable [email protected]

Dean Whittaker [email protected]

Ted Abernathy [email protected]