This article lays out several key trends concerning industrial development that I have noted over the past ten years in my consulting practice and academic research. They are not exhaustive nor will they be reflected in all parts of the country. They do, however, point out that we need to continually adapt to the market place; we need to become more pro-active in controlling how and where we stimulate development; we need to insure that we provide the opportunity for industry to succeed; and, finally, we must be reflective of world events and the speed of change.