Development Impact Model
In today’s economic and political climate, it is increasingly important that cities understand the financial and fiscal returns of the projects they are bringing into their community. Our Development Impact Model provides communities with a comprehensive view of the public investment returns associated with their development projects. It combines cutting-edge data with our team’s in-depth understanding of tax structures at the federal, state and local levels to provide value to clients no matter what stage a development project is in.
Standard Model
The Development Impact Model’s Standard Model is an ideal starting point for cities and municipalities looking to better understand the benefits and outcomes of their development endeavors.
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How It Works
Enter your Development Project's Information
After purchasing the standard model, you will receive your platform log-in details. Then, when you’re ready, you will add information about your the project's use and size.
Let the Model Do the Work
The Development Impact Model will automatically incorporate additional key factors including market insights, labor considerations and economic analysis.
Receive your Detailed Impact Analysis
Finally, the model will present you with a detailed breakdown of the economic impact and tax revenues your project has had/will have on your city.
This comprehensive analysis includes project outputs such as:
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Construction costs, tenant sales, jobs created, property value and estimated payroll
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Tax revenues by unit of government
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Spinoff impacts such as spinoff sales, jobs and tax revenues
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Labor analysis staffing patterns by use, wage rates by percentile and labor supply.
With this Development Impact Model subscription, you’ll be able to see impact information for numerous projects by simply adding the basic information for each project you want to review.
Custom Model
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Development projects are inherently unique and often come with their own one-of-a-kind set of characteristics, challenges and goals. With this in mind, Vista Site Selection can customize the features in our Development Impact Model to fit your distinct needs. This might include projecting special assessment revenues, multi-phase and multi-use project programs, the incorporation of specific incentives such as tax increment financing, abatements, loans and grants and infrastructure financing, commodity supply/demand and labor drive-time analytics among many others.
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How It Works
Tell us about your Development Project
Our team starts by learning more about your development project, taking into account essential factors such as project type, density and geography and diving deep to learn more about the additional elements that set your project and your community apart.
Let us Create your Custom Model
The analytical experts on our team have decades of experience working on development projects. We have learned to be flexible and adaptable when incorporating the specific requirements and priorities of your city into a fully custom model for your use.
Receive your Detailed Impact Analysis
Your custom model will present you with a detailed breakdown of the economic impact your project has had/will have on your city. This comprehensive analysis includes all of the project outputs that are most important to you.
With this Development Impact Model subscription, once your customized platform is fully developed to meet your standards, you’ll be able to see impact information for numerous projects by simply adding the information for each project you want to review.