Commercial real estate thought leader Donald Smith, president of AC client RIDC, discusses How We Can Be Partners for Growth of Pittsburgh’s Tech Industry for the Nov./Dec. 2018 issue of Breaking Ground.
The president of AC client RIDC writes another article for Area Development and advises companies on how to successfully draw — and retain — a maturing urban workforce to urban fringe communities and beyond, by focusing on a location’s quality of life, high-level amenities and sense of community. The complete article can be read here: Drawing a Maturing Urban Workforce Outside the Central Business District.
President of AC Client RIDC writes article What Property Owners Outside CBDs Can Do To Attract Expanding Industries for National Real Estate Investor.
“Start-ups and rapidly growing, early stage companies, especially those in exploding new industries like robotics and artificial intelligence, are typically attracted to space that’s centrally located within a city or is near its universities. Nevertheless, city center space is finite and often expensive. While this poses a challenge for young companies that need space that fits both their needs and budget, it presents an opportunity for owners and developers with properties outside central business districts (CBDs). But in order to encourage these companies to move to urban fringe communities and beyond, property owners and developers need to know what their potential tenants might see as positive features and what they might see as pitfalls.”
President of AC Client RIDC writes considerations for growing and supporting Pittsburgh’s innovation economy in a viewpoint piece published by Pittsburgh Business Times: An agenda for growing Pittsburgh’s innovation economy.
