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January 5, 2022

Rivian's $5B Georgia Deal Shows Southeast Is Winning The EV Manufacturing Race

Jamestown LP gives insight into how developers are giving buildings a second life Jan. 27

When electric vehicle maker Rivian announced last month that it will build a $5B assembly plant 50 miles east of Atlanta for its electric SUVs, it was the biggest piece of evidence yet showing how the Southeast has become a hub for the car industry's transformation from combustion engines to electric and hybrid vehicles.

Rivian's $5B Georgia Deal Shows Southeast Is Winning The EV Manufacturing Race

Over the past few years, Georgia, Florida, Tennessee and the Carolinas have seen a host of EV makers, battery manufacturers and other suppliers announce plans to open facilities.“These things kind of started a snowball with Rivian being the big, big one,” said Nathaniel Horadam, a managing consultant with the Center for…

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Architects At Major Firm Pushing To Unionize. Why Real Estate 'Should Be Worried'

Late last month, staffers at New York City-based architecture firm SHoP Architects announced that well over half of their eligible colleagues signed cards pledging their support for a union, which would make it the first such organizing effort at a private U.S. architecture firm in decades.

This push by professional workers to organize symbolizes a number of dynamics at play in the workforce, especially within highly credentialed members of the architecture, construction and engineering world. It underscores how younger adult workers today view unions and expect more from their employers.

Whether it’s through workplace organizing and labor drives, favoring firms with similar values, or pushing for more inclusion and social responsibility from employers, millennials and younger staff expect something different from their careers and employers than previous generations. 

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Prologis Appoints New Sustainability Head To Lead Warehouse Decarbonization Push

Prologis Appoints New Sustainability Head To Lead Warehouse Decarbonization Push

Industrial warehouse giant Prologis is putting more resources behind its climate goals with a key hire.San Francisco-based Prologis has appointed Susan Uthayakumar as the firm’s new chief sustainability and energy officer, the firm announced Tuesday, placing her in charge of the company’s wide-ranging efforts to decarbonize and achieve global carbon-neutral construction…

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Starwood To Partner On $1B Life Sciences Development In North Carolina

 Starwood To Partner On $1B Life Sciences Development In North Carolina  

A 109-acre life sciences campus planned for Morrisville, North Carolina, underscores just how fast the biotechnology industry is growing in the state's Research Triangle. Starwood Capital Group and Trinity Capital plan to co-develop the $1B project, called Spark LS, which is expected to include 1.5M SF of lab and biomanufacturing space spread over…

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