Austin Consulting | Market Flyer

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HELPING COMPANIES

MAKE GROWTH DECISIONS

AUSTIN CONSULTING MISSION AND APPROACH

We often recommend a phased project approach for selecting the best location for new facilities. The process begins with a detailed information exchange establishing the project’s strategic considerations and location requirements. Next, a screening analysis identifies the best candidate states or regions. Then, a more detailed site and community search and evaluation is performed. We identify and apply the appropriate filters throughout the process to produce the best candidate locations. Once a short list of locations has been identified, site and community field evaluations are conducted. Finally, the top-performing locations are selected to advance to incentives and property negotiations, along with pre-acquisition site due diligence. As a result, the risks in choosing where to establish a new facility are diminished, and the project is poised for cost savings and other advantages during construction and operationally for years to come.

PHASE 1

• Kick-off Meeting

• Detailed Questionnaire

• Project Schedule and Key Milestones

• Location Attractions and Constraints

• Initial Search Area

• Operating Cost Prioritization Analysis

• Logistics

• Property Search

• Infrastructure and Site Quantifications

• Statistical Labor Market Suitability Ratings

• Regional Costs

• Tax Assessment

• Other Factors

• Community and Site Visits

PHASE 2

• Project Discussions With:

• Economic Developers

• Government Officials

• Utility Providers

• Technical Training Resources

• Gauge and Build Local Support For the Project

• Labor Market Interviews

• Cost Comparisons

• Site Development Considerations

• Infrastructure Evaluation and Utilities

• Incentives Opportunities

• Property Tax Analysis

PHASE 3

• Incentives Applications

• Property Purchase Terms

• Pre-Acquisition Due Diligence

• Incentives Agreements

• Coordinate with Legal

• Public Announcement

CONTACT | Brandon Talbert | Managing Director | 440.596.9426 | brandon.talbert@theaustin.com
Example of location results at key stages of the site selection process: Top 5 Metros Top 10 Properties Top 5 Properties Top 2 Properties Final Selection LOCATION STRATEGY DEVELOPMENT LOCATION SCREENING FIELD INVESTIGATION IN-DEPTH EVALUATIONS FINAL DUE DILIGENCE AND NEGOTIATIONS

LOCATION STRATEGY

Austin Consulting advises companies on location strategy, site selection, incentives and due diligence for new facilities and expansion projects. We are the site location services division of The Austin Company, a designbuild firm operating throughout North America. Our team is supported by in-house subject matter experts in key market segments including food and beverage, pharmaceutical and biotech, industrial manufacturing, commercial buildings, aerospace and defense, process industries, and utility plant support.

Smart site selection decisions can pay dividends for years to come, while poor decisions can be painful and weaken a company’s position in the competitive market. We bring a strategic and detailed approach to projects, not one motivated by a real estate transaction or value of negotiated incentives.

We are hyper focused on helping you achieve the best possible result throughout the entire site selection process. Austin embraces complex and challenging projects and works with companies to mitigate risk by identifying issues sooner rather than later in the process.

• Strategy Development

• Project Definition and Requirements

• Supply Chain and Logistics Analysis

• Favorable Area Analysis

• Location Cost Modeling

• Labor Market Assessments

• Business Climate Evaluation

• Community and Cultural Alignment

SITE SELECTION INCENTIVES

• Building and Site Searches

• Property Evaluation

• Labor Market Analysis

• Utilities Evaluation

• Transportation Access

• Community Investigation

• State and Local Tax Analysis

• Financial Modeling

• Property Negotiations

• Property Acquisition Support

• Opportunities Assessments

• Program Evaluation

• Application Support

• Incentive Negotiations

• Agreement Development Support

• Compliance Planning

• Project Implementation

• Compliance Administration

• Incentive Monitoring

DUE DILIGENCE

• Risk Evaluation

• Zoning and Entitlements

• Infrastructure and Utilities

• Right-of-ways and Easements

• Pre-Development Approvals

• Facilitation of:

• Environmental Assessment

• Geo-technical Evaluations

• Site Surveys

LOCATION STRATEGY · SITE SELECTION · INCENTIVES · DUE DILIGENCE
ABOUT US
THEAUSTINCONSULTING.COM

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