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Site Identification

Site Identification. Service of Bearing Resources. my philosophy. The site identification service identifies good sites that the EDO should work on for the next couple of years getting ready Getting the property under control, etc.

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Site Identification

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  1. Site Identification Service of Bearing Resources

  2. my philosophy • The site identification service identifies good sites that the EDO should work on for the next couple of years getting ready • Getting the property under control, etc. • As an example, a while back, I ran into a person that worked with a regional partnership and asked; • What ever happened to that site I had identified for you guys a couple of years ago? His response was “In fact, we showed it to a prospect on Friday”

  3. Two options • The EDO could direct Bearing Resources to the sites that should be investigated based on potential sites they’re already aware of Or • Bearing Resources would perform an initial review of the GIS system to identify sites that COULD be worthy of investigating further

  4. first review GIS • I first investigate a county’s GIS website and identify sites that COULD be worthy of being investigated as an economic development site • At this stage, I’m simply interested in larger parcels and access

  5. identify locations that COULD be a viable ED site • My investigation thus far has simply produced several sites, 10 in this example, that COULD be an economic development site • At this stage, the number of sites hasn’t yet been narrowed-down

  6. Narrow-down number of sites • Then I obtain input from the local economic development people

  7. Speak with the locals • The local EDO may be aware of circumstances that render a site to not be worthy of investigating • The local’s input is taken into account and the exact sites that are worthy of being investigated are determined

  8. wetlands • Investigate wetlands using the National Wetlands Inventory

  9. floodplain • Investigate the floodplain using FEMA

  10. Rivers and streams • Investigate rivers and streams using the National Wetlands Inventory

  11. Topography • Investigate topography. The picture to the side is from the USGS, but many county GIS websites have a topography layer which may be more detailed

  12. Getting arms around topography • In an effort to quantify a site’s topography, I developed a simple algorithm which takes a site’s relief, and divide that by a site’s developable acreage • The algorithm results in a ratio • Relief is defined as the highest elevation of a site minus the lowest elevation

  13. Topography Algorithm

  14. The scoring of Topography will change based on the area • The area from this example was from a coastal county where EVERYTHING is flat so topography was already good on every site

  15. Utilities • I conduct telephone conversations with water and sewer, electric, natural gas, and telecommunication utilities to simply understand WHAT infrastructure is currently in place. • Who is the contact

  16. Very Important aspect • I talk to, via telephone, the land owners and determine IF they’d simply be willing to conduct a conversation with the local economic development organization about selling their property. • If they indicate “yes”, the site continues to remain a viable site • If they tell me to “go jump in a lake”, the site isn’t a viable one at this time (but may be later)

  17. Scoring the sites • A “weight” is assigned to each attribute that was investigated • 1 through 5, with 5 being the highest • The particular attribute being investigated for a site is then “scored” • 1 through 5, with 5 being the highest • “weight” x “score” = a weighted score • Summarize all the weighted scores for a site • The higher the total weighted score, the better the site is

  18. Scoring the attributes

  19. Closer view

  20. From the scoring spreadsheet, the sites can then be “ranked”. The ranking indicates the ones which are the best ones With the example to the side, the EDOs time is MUCH better spent on developing the Caston or Nelson sites They’re simply wasting their time if it’s on the Graham or Abbey sites The outcome - Convey to the EDO Which sites are optimum

  21. An opinion from someone in Economic Development • During an investigation of a site, Pros and Cons are denoted • Provides an experienced “set of eyes”

  22. Example of the information on a site

  23. Example of the information on a site

  24. 17 years of experience in economic development • The Pros/Cons section includes information regarding a site from someone with extensive experience in economic development • An engineering company may not have this amount of experience • For example, with the site used in this example, there were conditions es that are relevant to economic development such as; • “Of the sites reviewed during this investigation, this location represents the only rail site within 5 minutes of an interstate” • “The site is across Hwy 52 from Cottage Office Park”

  25. The deliverable • Hard-copy notebook with details of investigation including maps • Electronic copy of notebook with details of investigation including maps • Conduct a conference call to review the investigation and results • Depending on the geographic location, a face-to-face meeting might could be arranged • Continued support from someone who has been in the economic development industry for over 17 years

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