Impact Analysis >
Real Estate Development Economic Impact Analysis
At Camoin Associates, we provide comprehensive real estate development economic impact analysis services across various sectors. Our expertise spans residential/multifamily, senior/assisted living, office, industrial/manufacturing/warehousing, hotels, storage, and more. We collaborate closely with developers and economic development organizations (EDOs) to deliver accurate, insightful, and actionable analysis to support successful project outcomes.
Our Services
Our economic impact analysis services are designed to support the diverse needs of every individual real estate development project. We work diligently to understand each project’s unique aspects and provide tailored analysis that helps stakeholders make informed decisions.
Economic and fiscal impact analysis can play a critical role in the real estate development process, from securing approvals, gaining public approval, and accessing financing options such as loans, grants, or tax abatement. A variety of clients can benefit from this type of analysis, including:
- Industrial development agencies (IDAs)
- Economic development organizations
- Municipal, county, or state governments
- Other agencies providing grants or tax abatement
- Private developers
- Businesses completing capital projects
Types of Real Estate Development Economic Impact Analysis We Offer
- Cost-Benefit Analysis: This analysis evaluates your project’s financial and economic implications. This includes assessing how the jobs, earnings, and sales generated by the development compare to cost of investment or incentives.
- Reasonableness Analysis: This analysis helps to ensure that proposed financial incentives and tax abatements are justified and aligned with industry standards.
- PILOT Analysis: Our Payment In Lieu Of Taxes (PILOT) analysis assesses the potential impacts of PILOT agreements on your project and the surrounding community. This comprehensive comparison ensures a clear understanding of the long-term financial benefits for both the developer and the local government.
- Fiscal Impact and Cost to Serve: This analysis provides a deep dive into a new real estate development project’s fiscal impact to the community, including insights into both costs and benefits. This can include components such as the development’s impact on school enrollment, public safety, and infrastructure, as well benefits such as tax revenue generated by new activity.
Why Choose Camoin Associates?
- Expertise in Economic Impact Analysis: With years of experience, our team delivers accurate and reliable economic impact analyses tailored to the specific needs of IDA projects.
- Collaborative Approach: We work closely with developers and EDOs, ensuring a collaborative process that integrates all perspectives into the analysis.
- Detailed and Transparent Reporting: Our reports are comprehensive, transparent, and easy to understand, providing stakeholders with the information needed to make informed decisions and effectively communicate project benefits.
Project Profiles
-
Project Evaluation and Decision Support: Yonkers, NY
-
Market Demand & Feasibility Study for Meadow St. in New Haven, CT
-
Economic and Fiscal Impact Analysis for Mixed-Use Development in Glen Cove, NY
-
58 Fore Street Economic and Fiscal Impact Analysis in Portland, ME
-
Economic Development Market Feasibility Study in North Port, FL
-
Nassau County Industrial Development Agency - Economic Impact Dashboard
Get Started Today
Contact Angela Hallowell, Economic Data and Research Analyst:
P 518-899-2608, Ext. 102
E angela@camoinassociates.com
Services
-
Strategic Planning
Strategic Planning
Whether you’re developing a statewide, regional, or local strategic plan, Camoin Associates works with clients to set a vision and develop strategies that will support ambitious, but achievable, goals.
+ Comprehensive Economic Development Strategies (CEDS)
+ Downtown revitalization plans
+ Economic development strategic plans
+ Evaluation and benchmarking
+ Strategic visioning
-
Workforce Development and Talent Retention
Workforce Development and Talent Retention
Camoin Associates can help you craft actionable workforce development and talent retention solutions to create a resilient labor pipeline, supporting equitable and inclusive economic growth.
+ Labor market analytics
+ Occupation and skills gap analysis
+ Career pathway mapping
+ Workforce pipeline development
+ Talent retention and attraction strategies
-
Real Estate Development Analytics and Advisory
Real Estate Development Analytics and Advisory
We help communities and developers do it all — from uncovering opportunities and developing project concepts to finding funding and navigating all the complexities from start to finish.
+ Housing needs assessments and housing strategies
+ Market analysis
+ Development strategies
+ Brownfield redevelopment
+ Developer advisory services
+ Financial feasibility analysis
-
Economic and Fiscal Impact Analysis
Economic and Fiscal Impact Analysis
To us, measuring the jobs, earnings, sales, and revenue is only the beginning. We take a holistic approach to economic and fiscal impact to tell the full story of what a project, industry, program, or development will do for the community.
+ Economic impact
+ Fiscal impact
+ Tax credit benefit/cost analysis
+ Tax Increment Financing (TIF)
+ District Improvement Financing (DIF)
-
Prospecting and Business Attraction
Prospecting and Business Attraction
As an established global research and direct marketing company, we have a track record of customizing and implementing high-end, mission-critical research and marketing campaigns that exceed client expectations.
+ Trade show planning
+ Marketing mission planning
+ Virtual and in-person meeting setting
+ Website assessment
-
Industry Analytics and Strategy
Industry Analytics and Strategy
As leaders in research and data analysis, we use the most advanced and comprehensive economic data and tools to understand the supply chain, industry market trends, and sector needs, and unearth emerging opportunities.
+ Target industry and cluster analysis
+ Supply chain and trade gap analysis
+ Geographic competitiveness analysis
+ Site selection needs analysis
-
Entrepreneurship and Innovation
Entrepreneurship and Innovation
We help clients identify, connect with, understand, and strengthen their entrepreneurial ecosystems. Our mission is simple: to build a more inclusive economy for the future by connecting and inspiring the entrepreneurs of today — and tomorrow.
+ Startup ecosystem assessment and action planning
+ Equitable entrepreneurship strategies: Breaking down barriers
+ Entrepreneurship metrics tracking and evaluation
+ Market research and intelligence
+ Small business outreach and resource centers
+ Policy and code assessment and outreach
-
Business Retention and Expansion
Business Retention and Expansion
Economic development is built on connections, and our custom business engagement solutions help you make those connections — from business retention to business attraction.
+ Business visitation process creation and set up
+ Logistical and technology support
+ Follow up plans and strategy development