In this episode of Develop This! — Host Dennis Fraise sits down with Tracey Hyatt Bosman, Managing Director at Biggins Lacy Shapiro & Company and a leading expert in location economics and site selection, for a timely conversation about how tariffs, policy volatility, and global uncertainty are reshaping corporate investment decisions.

This episode is presented in partnership with the Site Selectors Guild, highlighting how collaboration between economic developers and professional site selectors leads to better outcomes for communities and companies alike.

Tracey shares insights from her work at BLS & Company, explaining why successful projects must create value on both sides of the deal table—and how site selection has evolved into a highly multidisciplinary practice. The discussion explores why data centers and life sciences remain the most active sectors, how corporations are reacting to unpredictable tariff policies, and what economic developers need to understand to stay competitive.

From stockpiling strategies to rising labor costs, automation, and workforce constraints, this episode delivers practical, real-world perspective on corporate location strategy in today's unpredictable trade environment. Tracey also emphasizes the growing role of the C-suite in navigating risk—and the importance of flexibility and adaptability for communities hoping to win transformative projects.

Whether you're an economic developer, site selector, or community leader, this episode offers critical insight into how deals are getting done—and what it takes to stay relevant in a constantly changing landscape.

Takeaways

• BLS & Company specializes in location economics and site selection.
• Successful projects require value creation for both clients and communities.
• Site selection is a multidisciplinary field requiring diverse expertise.
• Data centers and life sciences are currently the most active sectors.
• Tariff policies are causing mixed reactions in investment decisions.
• Companies are employing strategies like stockpiling and warehousing.
• C-suite executives are crucial in navigating tariff-related decisions.
• Labor costs and automation are key considerations in site selection.
• Economic developers must maintain strong relationships with site selectors.
• Flexibility and adaptability are essential in the current economic climate.