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:

The Economic and Fiscal Impacts of Sterling Ranch

October 2010

Sterling Ranch is a 3,400-acre property in unincorporated Douglas County near the Roxborough Park neighborhood, located west of Santa Fe Avenue along Titan Road. Sterling Ranch combines residential development with a sports complex as well as office, medical, R&D, retail, lodging, and various community uses. Development Research Partners developed a comprehensive economic and fiscal impact model for Sterling Ranch that estimated residents, employment, K-12 students, household income, spending, visitor activity, and overall construction and business operations benefits of the development to Douglas County over a 20-year buildout schedule.

The Economic and Fiscal Benefits of the Lake Winds^TM Energy Park, Mason County, Michigan

January 2011

Michigan adopted a renewable energy portfolio standard in 2008 which requires the state to supply at least 10 percent of its energy from renewable sources by 2015. The Lake Winds^TM Energy Park in Mason County, Michigan is one of several investments Consumers Energy has made in Michigan to work towards this goal. Lake Winds^TM Energy Park will be Consumers Energy’s first wind park. Construction of the wind park is projected to begin in 2011. The economic and fiscal impact study aided Consumers Energy in their bid for county approval of the project and in their public relations efforts. The analysis included the direct economic and fiscal benefits of the energy park along with the multiplier impacts associated with business, employee, and other spending. Study highlights include the total economic benefit of construction activity of the wind park, the benefit of on-going operations of the energy park in Mason County, the benefits of payments to landowners in Mason County who will lease property to Consumers Energy, and fiscal benefits stemming from sales and use taxes, permitting and fee-based county revenues, and property taxes.

The Economic and Fiscal Impacts of the Craig Station in Craig, Colorado

October 2010

The Craig Station is the second-largest coal-fired baseload power plant in Colorado. Operated by Tri-State Generation and Transmission Association, Inc., it is located near Craig, Colorado in Moffat County. The Craig Station study analyzes the economic and fiscal benefits of the plant to a three-county region including Moffat, Routt, and Rio Blanco Counties. These counties are linked economically through a shared demand for workforce, infrastructure, and the nature and locations of the power plant's supplier companies. This tri-county region is also the largest coal source in the state, comprising 50 percent of all the coal produced in Colorado. The detailed analysis of the Craig Station's impacts included its benefits from on-going operations as well as the plant's associated transitory worker spending during the plant's maintenance operations. The study found fiscal benefits to the county from property tax, sales taxes, lodging tax, and impact fee revenues related to the industry.

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.