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We're on a mission to help companies of all sizes identify the best locations, secure incentives, obtain development approvals and optimize energy strategies through Location Economics®.
BLS & Co. conducted a thorough review of Florida Power & Light’s 35-county territory to pre-qualify sites for data centers and other mission-critical facilities.
BLS & Co. and its energy services affiliate Sugarloaf Associates conducted a thorough review of Florida Power & Light’s 35-county territory to pre-qualify sites for data centers and mission-critical facilities. Four diverse sites were selected. The sites offer a unique combination of factors desired by today’s mission critical and data center operations, including highly reliable and redundant power and fiber infrastructures, competitive cost structures, and locations insulated from manmade and natural risks.
BLS/SLA also provided advisory service and expert witness in the development of a new FPL electric economic development rider for data centers and large manufacturing plants in Florida's FPL territory.
BLS & Co. utilizes an assortment of services – a process we call Location Economics® – to advise clients on location decisions. Discover our variety of offerings to help you navigate the complex decision making processes that occur when searching for a new location for your organization.
BLS & Co. specializes in a variety of industries and our dedicated team is compromised of experts in nearly all major categories.
At BLS & Co., we have executed wide variety of projects for our clients, which includes facilities such as headquarters, warehouses, and data centers.
Stay up to date with BLS & Co. by exploring our latest news and musings on the world of site selection and more.
We're proud to provide a few key resources to help get you started on your site selection journey.
Search our North American database for the right location for your company's HQ, R&D Facilities, and more.
Browse our regional resource guide for site selection in the U.S.
If your organization is confronting complex and sensitive location decisions, please reach out to schedule a confidential conversation.
Interested in a career opportunity with BLS & Co.? Click below to learn more about our growing team and view all current openings.
BLS & Co. represented Diageo during their new headquarters location decision-making process. Their 270,000 square foot building in Norwalk, CT represented the very first project approved under the State's new Urban Reinvestment Act program and resulted in a reward of transferable tax credits, as well as sales tax exemptions and property tax abatements.
A confidential BLS life sciences client was searching for a new manufacturing site to access 100% renewable electricity and generate 10% of its electric requirement with onsite solar. The site was also required to enable procuring renewable electric commodities from a third-party supplier or the electric utility supplying the chosen site, depending on the market structure at the site. If directly accessing renewable energy was not an option, it planned to purchase “new RECs” until it could procure the supply from the utility or third-party supplier. The project began as a national (U.S.) search and carries hundreds of jobs and an investment in the hundreds of millions, demonstrating the importance of large-scale projects on renewable energy.
BLS & Co. developed and executed an incentives strategy to induce the company to consolidate Royal Bank of Scotland's North American corporate bank, based in NYC, and its RBS/Greenwich Capital headquarters in a new office and trading floor in Stamford, CT. The package consists of transferable corporate income tax credits and other incentives in connection with the proposed retention and creation of approximately 1,800 jobs. The scale of this package required legislative hearings and consent.
BLS was pleased to work with MycoWorks, a producer of a biomaterial made from mycelium, on the site selection for their first commercial-scale plant. The finished product is used to make consumer products such as luxury bags, luggage, shoes and other apparel from a sustainable and renewable “leather substitute” material. After a national search for suitable locations to meet operating requirements and other siting criteria, a location was selected and announced in March 2022 in Union, South Carolina. BLS also assisted MycoWorks in the negotiation of a competitive incentives package from both Union County and the South Carolina Department of Commerce.
An existing 100k SF spec building was fitted out to the company’s operational needs, and a 30,000 SF office was added on to the building to house corporate operational functions as well as plant management. The estimated total investment is $100 million. MycoWorks officially began production in the new facility in October 2023 with plans to hire 130 employees.
As sustainability in the manufacturing process was important to the company, BLS also provided negotiation support for renewable energy purchases for the South Carolina facility, as well as Renewable Energy Credits (RECS) for another facility the client operates in California.
HelloFresh, an international meal kit company with offices in New York City and Germany, chose to relocate and expand its operations to Newark, NJ. After a nationwide search, the firm decided to lease a 217,000 square foot distribution space and an additional 20,000 square feet of office space in downtown Newark. The NJ Economic Development Authority estimates the project will yield a net benefit to the state of $4.1 million over 20 years.
HelloFresh is committed to science-based emissions reduction targets. In the US, HelloFresh piloted a new software that optimizes energy use by the refrigeration systems in distribution centers. Refrigeration is the largest electricity consumer in the company’s operating facilities, and HelloFresh is now rolling out the software across all US facilities. HelloFresh US has also sourced renewable electricity for 100% of its facilities since 2020. This was accomplished by procuring renewable wind energy in electric deregulated states and using renewable energy credits (RECs) in these states.
BLS & Co. and its principals have provided ongoing site selection and incentives advisory services to QVC, including warehouse and call center location projects in North America and Europe. Our most recent engagement for QVC resulted in a 1 million square foot distribution center (expandable to 2 million square feet) in Florence, South Carolina.
BLS & Co. managed a multi-state, sequential site search, and secured incentives for the project, including free land, infrastructure grants, ad valorem tax abatements, job development grants, job tax credits, and sales tax exemptions.
In addition, BLS expedited permitting and as a result, the warehouse was able to open ahead of schedule.
BLS & Co. advised Gartner on a headquarters location and incentives strategy, enabling the renewal of its lease in Stamford, Connecticut. Our firm secured incentives, utilizing the Urban and Industrial Site Reinvestment Tax Credit, DECD direct assistance, sales tax exemption and property tax abatement.
BLS & Co. also conducted a comprehensive evaluation of location options in multiple markets, including Columbus, GA and Jackson, MS, to accommodate Gartner’s growing space requirements for their operations in Ft. Myers, FL. Gartner ultimately decided to lease a newly constructed 120,000 sf facility adjacent to its existing building in Florida.
Our advisory services in Stamford resulted in...
Our evaluation in Florida resulted in...
BLS & Co. served as financial advisor for a groundbreaking cooperative venture between the H. Lee Moffitt Cancer Center in Tampa and Merck to secure public financing to create over 300,000 square feet of life-sciences oriented development on a 25-acre site.
Moffitt created a wholly owned subsidiary called M2Gen to implement the project, which began with the construction of a 50,000 square foot facility that will house labs and related facilities focused on revolutionizing the way cancer is diagnosed and treated.
BLS & Co. conceptualized the incentives package for the project and managed the analysis, negotiations, structuring, approvals and documentation of the public financing. The public financing package constituted more than one-fourth the total project capitalization.
