Understanding economic development project leads and their details is crucial for making informed decisions that foster strong growth. You can see key data points and a comprehensive overview of project leads by state, building size and acreage requirements, and industry breakdown. These insights can aid businesses, investors, and policymakers to identify opportunities and align economic development strategies with regional and sectoral needs.
Project Leads by State:
Analyzing project leads by state offers a snapshot of economic activity across our 23 member cooperatives. This breakdown helps identify which states are seeing the most interest in new projects and can guide resource allocation and strategic planning.
- 42 leads solely interested in Indiana
- 7 leads solely interested in Illinois
- 8 leads solely interested in Missouri
- Total of 53 leads were submitted in the third quarter, with three selecting multiple states in WVPA territory
- Total of 148 leads were submitted in 2024 through September 30
Project Leads by Industry:
Understanding the distribution of project leads by industry helps to identify economic trends and sectoral growth patterns. We submitted to many leads within the manufacturing industry, agricultural industry, data centers, warehousing, and call centers. WVPA communities received 30 leads in the manufacturing industry. This popularity of manufacturing projects in the third quarter reflects what WVPA experienced in the first half of the year. The number of data center leads was second in frequency, but these projects led direct outreach from site selectors and companies directly to WVPA.
Acreage & Building Requirements
Project leads vary significantly based on the acreage requirements, reflecting different types of developments and their spatial needs. In the third quarter, the most requested acreage size was 100+ acres.
The scale of buildings required for projects provides insight into the nature and scope of these developments. In the third quarter, the most submitted building size requirement was between 0 to 100,000 SF.