Transportation hub for planes, trains, etc., breaks ground.
1If, in a couple of years, you’re looking to catch a high-speed train or a low-speed street car, visit Disneyland, attend an Anaheim Angels game, or travel to work or home in Orange County, Calif., you’re likely to pass through the ARTIC on the way.
The $184 million Anaheim Regional Transportation Intermodal Center (ARTIC), currently under construction in Anaheim, Calif., is expected to help ease traffic congestion in the area. Architecture and planning group KTGY was a design adviser for the project that will include an iconic 120-foot-tall, 56,000-square-foot main terminal shell. Eventually a variety of offices, hotels, homes and entertainment are expected to grow around the hub that is slated to be finished in late 2014.
Where the Jobs Aren’t
New Mexico jobs continue to disappear.
2 While jobs began to reappear in many parts of the country, they continued to disappear in New Mexico where 9,200 jobs were lost in September. Only West Virginia had a worse jobs picture. Roughly one-third of the jobs lost were in the Albuquerque, N.M., metropolitan area, which posted its 10th consecutive month of year-over-year negative growth.
Construction jobs in Albuquerque fell by 2,100 positions to 18,800, the lowest number since 1993. By comparison, construction jobs peaked in 2006 at 31,700, according to New Mexico Business Weekly.
Louisiana’s gas industry attracts tube plant.
3 Savannah, Ga., has a thriving seaport, southern charm, a lot of Spanish moss, and a manufacturing plant that makes giant gas-powered turbines for power plants.
Shreveport, La., has the Red River, southern charm, a lot of Spanish moss, and the oil and gas industry. In the end, it was the oil and gas that wooed Benteler Steel/Tube’s new $900 million hot rolling steel tube mill to Caddo Parish, La., rather than Savannah. Steel tubes are used in oil exploration and drilling. Benteler’s first U.S. mill will eventually create 1,000 construction jobs and an estimated 675 direct full-time jobs.
Florida loses businesses to the Hoosier state.
4 At least two Florida businesses recently decided to abandon the Sunshine State for Indiana.
Employment screening company First Advantage of St. Petersburg, Fla., announced in September it would move its operational headquarters to an Indianapolis suburb. It plans to spend $3.7 million to renovate an existing building and expects to create 100 new jobs by 2015, says The Indiana Development Group.
In October, the group also announced that Beyond Payroll LLC, a Fort Lauderdale, Fla.–based payroll and human resource company, will relocate to Indianapolis, taking 59 new jobs with it.
Indianapolis cited Indiana’s balanced budget, low taxes, and right-to-work status as reasons for the exodus. But Florida offers similar perks, and both states have pro-business governors. Maybe people work harder when it’s snowing outside.
Purple People Bridge
Can the bridge hold a hotel, too?
5 For 140 years, long before it was called the Purple People Bridge, the half-mile span carried trains, streetcars, automobiles, and pedestrians across the Ohio River between Cincinnati and Newport, Ky. Now the company that owns the bridge has won a $650,000 grant to study if it has enough strength to support a hotel, restaurants, and shops, as well as the pedestrians who stroll across it.
Three developers are interested in the $100 million project that Newport Southbank Bridge Co. hopes will generate 1,000 jobs and become an international tourist attraction.
“It will be the most special jewel in our crown of achievements,” Kentucky State Rep. Dennis Keene told the Business Courier.
2 Albuquerque, N.M.
5 Newport, Ky.
1 Anaheim, Calif.
3 Caddo Parrish, La.
4 Tampa-St. Petersburg, Fla.