Development Authority Courting Contractors in Plans of Constructing Speculation Buildings
Monday, April 13th, 2015
It’s a shell game that can pay off for economic developers.
Speculation buildings are designed as a shell to attract an industry or commercial interest that can move in quickly and then make adjustments to suit their needs.
An economic development partnership is breaking ground April 23 on a spec building for Graniteville. And the economic development authority in Augusta was courting construction company executives during Masters Week in search of partners to start creating their own spec buildings in Richmond County.
