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Ohio Business Central

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Real Estate

The Built Environment Is Missing an Identity Layer, and Site Selectors Should Care

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By Trevor Vick, CEO, UMIP When two steel columns buckled on the 21st floor of the former Pfizer headquarters in Manhattan this July, the building safety industry watched a familiar sequence unfold. Investigators and engineers scrambled to reconstruct what had happened to the 37-story tower, then mid conversion from office space into more than 1,600 apartments. For anyone in economic development or site selection, the story reads less like a construction mishap and more like a warning about the assets communities market, incentivize and redevelop. Reporting from industry news sources noted that engineers were cautioned against assuming the visible damage marked the full extent of the problem, since major structural elements are interconnected and a failure in one area often signals stress elsewhere.

Read the full article: How Ohio Built a Better Business Climate

This Business Central brief is based on reporting originally published by How Ohio Built a Better Business Climate.