Toronto, Ontario and Atlanta, Georgia April 19, 2005 - Four economic development organizations that exemplify the leading edge of the site selection industry were selected as winners today for CoreNet Global s 2005 Economic Development Leadership & Accomplishment Awards. Winners have been recognized in two categories, Leadership & Innovation and Major Projects/Deals.
CoreNet Global, the world s leading professional association of corporate real estate executives, recognizes the increasingly strategic role that location plays in corporate strategy and operations. Its members include senior-level corporate real estate executives involved in these strategic roles and economic development organizations, representing national, state, regional and local interests.
The winners for Leadership & Innovation announced at CoreNet Global s Toronto Summit are:
CoreNet Global Economic Development Leadership Award winners for Major Projects/Deals are:
Now in its fourth year, the award recognizes leadership, best practices and innovations in economic development among the organizations serving communities and corporations involved in location decisions.
Economic development the industry and the professionals serving it must understand the mindset that companies individual location decisions are linked to global business strategies of their clients, said CoreNet Global President and CEO Peggy Binzel. Our Corporate Real Estate 2010 research shows that this has become a key factor in determining which locations and communities come out ahead in the competition for new jobs and capital investment. The award winners and finalists share that understanding of the rapidly changing business needs of major companies seeking a competitive edge through their location decisions.
Judges from leading corporations, all site selection experts, reviewed a record total of 29 nominations, and named 12 finalists. Other finalists in addition to the four winners were:
The CoreNet Global Economic Development Leadership & Accomplishment Awards are sponsored by Stadtmauer Bailkin Biggins Economic Development Incentives Advisors.