Fiscal and Economic Impact Analysis

Development Research Partners provides comprehensive analysis and analytical tools to evaluate and forecast site-specific activities and model public-private sector relationships.

 

Development Research Partners has developed a fiscal and economic impact model for evaluating real estate and economic development projects...SiteStats©. Click here for an overview of SiteStats© and its capabilities.

 

Recent Projects include:

Consumers Energy Power Facility Economic Impact

November 2007

This study reports the quantifiable economic and fiscal impacts of the new 800-megawatt advanced supercritical clean coal power facility at the Karn/Weadock Generating Complex in Hampton Township in Bay County, Michigan. Economic impacts measure the effect of spending of businesses and employees on other businesses whereas fiscal impacts measure the effect of this spending on the local government’s budget. The economic and fiscal impacts combine the effects of construction activity, business operations, and employee spending.

 

The Economic and Fiscal Impacts of Development in the Northwest Corridor Area

September 2007
The proposed Northwest Corridor would complete Metro Denver’s beltway by connecting the northern end of C-470 with the southern end of the Northwest Parkway in Jefferson County.  This study highlights the importance of the Northwest Corridor to the existing community and potential new businesses and residents. Completion of the beltway will likely stimulate development along the Northwest Corridor as regional access is significantly improved.

The Impact of I-70 Congestion on Colorado – Denver to Grand Junction
April 2007
This study examined the impacts of not making any improvements to the I-70 transportation corridor on Colorado. The no-action alternative will result in growing delays and increased congestion along I-70. Specifically, the study focuses on the impacts in three geographic areas: Metro Denver, Mountain Resort Region, and Western Slope. The study found that Colorado loses over $800 million each year from congestion along I-70 between Denver and Grand Junction.

Economic and Fiscal Impact of the Stapleton Redevelopment Area
September 2006
The Stapleton International Airport officially closed in 1995 after serving as the region’s primary airport since 1929. The 4,700-acre redevelopment site has undergone extensive environmental, infrastructure and vertical construction over the past ten years and is now described as the largest and most ambitious infill redevelopment project in the nation.
Development Research Partners estimated the economic and fiscal impacts of the 4,700-acre “Stapleton Redevelopment Area,” which includes Stapleton, the Stapleton Business Center, and immediate areas to the north of the Stapleton Business Center. The economic and fiscal impacts were generated for the first ten years of development but also estimated through buildout according to development projections.