Wyoming Commercial Properties Database
The Wyoming Business Council emphasizes the importance of a comprehensive Commercial Properties Database for effective site selection. With 67% of site selectors using the internet for searches and 78% of companies seeking existing facilities, it is crucial to have properties that are well-zoned, in good condition, and readily available. A "Ready-to-Go" site ensures utilities and environmental checks are in place, boosting marketability. The future of the database includes an updated web presence and improved resources for developers and site selectors.
Wyoming Commercial Properties Database
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Presentation Transcript
Wyoming Commercial Properties Database WEDA Winter Conference January 12, 2011
Commercial Properties Database • Why have a database • 67% of Site Selectors use Internet in Site Location Searches (Developers Counsellors International, Winning Strategies Report, 2008) • 78% of companies performing a site search begin by looking for an existing facility (Area Development Magazine – Annual Survey)
Commercial Properties Database • It is great to have an existing building • know your product –package it –market it effectively. • Must be zoned correctly • Building must be in good condition • Utilities (Main size and capacity) • Transportation • Price • Good color photo
Commercial Properties Database Of the 78% of companies looking for an existing building, only about 1 in 4 find one that suits their needs so you must also have a great site
Commercial Properties Database • Have your site “Ready-to-Go” • Site is actually available – now • Phase I Environmental complete • Site can be developed cost effectively (Geotechnical, Topography) • Utilities are at the site, or there is a plan, schedule & budget to do so (who is going to pay for it). • Zoned or compatible surrounding land use
Commercial Properties Database • Not to be listed: • No Existing Business – The building can be listed, yet the business entity can not. • No Residential– Exception: if the property is zoned commercial and the majority of the property is used for commercial activity.
Commercial Properties Database http://www.whywyoming.org/available.aspx
Commercial Properties Database • Future Changes • New WBC Website, March 2011 • More Information • More Pictures • IEDC Data • Mapping Feature • Downloadable Information
Commercial Properties Database Approval Process WEDA Community Non-WEDA Community WBC will not post anything until approved by Local ED/WEDA
Thank you Questions?? Ben Avery and Sean Stevens Wyoming Business Council 214 W. 15th Street Cheyenne, WY 82001 307-777-2864