1. Local leaders sound off on balancing recovery efforts with economic growth
Balancing the health of the local citizenry and business ecosystems in the face of a modern pandemic has been a herculean task for local, state and federal government officials. The onset of the pandemic forced elected officials to tackle the unprecedented disruption and the resulting socioeconomic challenges while still finding ways to continue growth in their communities. More than a year into the pandemic landscape, many key economic development projects and initiatives were able to persist despite the overall disruption.
2. Energy companies and state government strive for carbon neutrality
In Pennsylvania, temperatures are projected to increase by about 5.9°F by the year 2050 and 9.4°F by 2100. While there are a great number of variables that could be contributing to this change in temperatures, it is certain that air pollution is playing a role as agreed upon by most of the scientific community. In January, Mayor Jim Kenney announced the City of Philadelphia’s commitment to achieving carbon neutrality by 2050, and both private and public entities are striving to make that goal a reality.
3. Growth and growing pains experienced over Miami’s Memorial Day Weekend
This year’s Memorial Day Weekend was anticipated to be a return to normalcy. Fuelled by vaccinations and declining case numbers, tourists flocked to South Florida and the Magic City to experience the sunshine, beaches, and nightlife that make Miami famous. Memorial Day Weekend demonstrated the growth and success that Miami had experienced since the onset of the pandemic as well as some of the all-too familiar pains associated with large crowds and late nights.
4. Conventions make their way back to Orlando this summer
After what was a sour cycle for the industry over the last year, rising demand for conventions has Orange County turning lemons into lemonade. The Orange County Convention Center is gearing up for a busy second half of the year as cancelled shows make their way back to the Orlando market. Sporting events and trade shows will be the lion’s share of returning events at the convention center, signaling a return to a semblance of normal while generating millions of dollars of economic impact for Orange County in the process.
5. Here is why home prices are ridiculously high in the Nashville region
With nearly 80 people moving to the Nashville MSA each day, the region’s residential real estate activity combined with low interest rates and the challenge of low inventory has created an unprecedented, chaotic marketplace for homebuyers.
