Ohio

the Midwest where old industrial cities and towns (previous old mining towns, old factory towns, logging areas, etc.), you'll see the exact type / kind of development going on too, that you've described.

It's unfortunate that it takes a while longer to develop these underdeveloped areas, but I guess big money goes for the 'easy pickings' first (cities w/ large populations, lots of development, etc.), and then finally via the 'tickle down' policies (since money is already fully into all of the 'hot spots' etc., there is no where else to put money) except into these old industrial cities and towns.

Finding labor is a big problem too, since when the old economy died out, most people moved away, and the existing infrastructure suffered, another critical area needing redevelopment too.

Thanks for making good points.