Site Week Kick Off
Site selection is a critical aspect of economic development, and it involves identifying and evaluating potential locations for business development, expansion, and relocation. It is essential for economic development professionals to have access to a property database system that helps them make informed decisions about site selection. In this article, we will discuss the importance of site selection and the work we do to have a built-out site database system.
Site selection is a complex process that involves several factors, including location, availability of resources, transportation, workforce, taxes, and incentives. The goal of site selection is to find the best location that meets the needs of a particular business, provides the necessary resources, and offers a competitive advantage. Site selection is crucial for economic development, as it can attract new businesses, create jobs, and boost the local economy.
To do this, we have developed a site database system, comprised of over 100 sites, to help manage, organize, and analyze site selection data. A site database system provides a central repository for property data, making it easier to search and compare properties based on specific criteria. Here are some of the benefits of using our property database system:
Streamlined Data Management: Our property database system helps us manage data efficiently. The system organizes all the property information in a structured manner, making it easier to access and analyze.
Enhanced Collaboration: Our property database system allows us to collaborate effectively. The system provides a platform for sharing property data, enabling multiple users to access and work on the same information. This ensures that everyone is working with the latest data, reducing the risk of miscommunication and errors.
Data Analysis: Our property database system allows us to analyze data to identify trends and patterns. This information helps us make informed decisions about site selection.
Improved Site Selection: Our property database system provides the tools we need to identify the best site for a particular business. The system can filter properties based on specific criteria, such as location, size, and zoning. This ensures that the selected site meets the business's needs, reducing the risk of costly mistakes.
Site selection is a critical aspect of economic development, and it requires access to accurate and up-to-date property data. Our property database system provides the tools we need to manage and analyze property data, streamline collaboration, and improve site selection. By using our site database system, we are able to provide businesses the information they need in a timely manner ultimately making their investment decisions that much easier. We encourage you to check it out yourself and reach out if you are interested in learning more or being a part of this collaborative system.
Our site database landing page can be found here.
Contact Nico, Business Development Coordinator