Site Selection Services

Site Selection Services

McGuire Sponsel offers site selection services that advise clients on the most ideal locations for their business relocation and expansion needs. Clients seek out site selection services for their projects when they are considering multiple locations and need help narrowing down options and picking the site that will ensure long term success. The site selection process includes comprehensive research and analysis regarding the business tax climate and incentive and tax credit opportunities available. A site selection pdf may include the results of local economic analysis and workforce availability depending on the industry the client operates within. Local economic analysis includes evaluating the business taxes, utilities of an area, proximity to major interstates or airports, and accessibility such as employee parking. 7 factors to consider in site selection are viable real estate solutions, attractive incentive opportunities, multi-site analysis, labor analysis, project timeline, project investment, and travel logistics. A site selection report example would describe the methods use to evaluate the various locations the client is considering, any site visits that occurred, and results. Labor analysis includes the number and types of jobs, desired skill sets, and wages and benefits. Labor analysis is vital in the site selection process because being able to find qualified people to fill the open job positions is essential in the success of operations. A site selection report example will rank several different factors then assign an overall ranking that judges which site is the logical choice. Site selection services will provide compile a final analysis of final locations which will take into account all relevant factors to the success of the project such as occupancy costs, incentives, labor availability, and tong-term tax position. The goal of the site selection process is to maximize value at the location and any other incentives that the local community and state offer as well as narrow down the options for a client.

Site Selection Methods

Site selection companies employ consultants and those highly versed and educated in economic development and location analysis to best advise businesses on where to locate. Site selection companies will outline a plan for analyzing a list of location, and this plan often includes site visits, location requirements, and defining project scope. McGuire Sponsel site selection criteria is broken down into 6 steps to maximize the outcomes of the location decision. The first step is requirement development where a client will define the proposed operation and its location requirements such as utility use and proximity to major interstates or airports. The second step is location screening where the team will use site selection research to evaluate potential locations, remove non-qualifying sites, and reduce the location pool to better fit the client’s specific needs. The third step is a comparative analysis where the team will use a site selection checklist to focus on the priorities identified in the first step. A requirement on a site selection checklist may be a location with a high concentration of people with college degrees. McGuire Sponsel’s site selection and planning pdf states the fourth step is site visits where tours and local incentive discussions can take place. The fifth step is incentive and lease negotiations, and the sixth step is final selection and implementation. The six steps are site selection methods that will provide a comprehensive, comparative analysis of finalist locations with all relevant factors such as occupancy costs, labor availability, incentives, and long-term tax position.

Site Selection Example

Depending on the type of project, site selection services will differ in location requirements, scope, and incentives search. Unlike an industrial project, the site selection criteria for a resort would rely heavily on factors such as the surrounding environment, proximity to airports and interstates, and the availability of tourism tax credits. Site selection criteria for a school would include the availability of a workforce with education degrees, demand for a school, and analysis of construction costs if applicable. In this school site selection example, if a location does not meet the requirement of having a workforce with degrees to teach, the client will be advised that it is not an ideal location. Site selection in agriculture would take into account the availability of land and accessibility to travel routes to transport crops. Food processing is an attractive industry that states like to incentivize, so that would be considered during the agricultural site selection process in order to maximize value for the client. Site selection criteria for residential building pdf would first consider the real estate scope from the client then evaluate potential incentives for the project. For example, if a residential building will have affordable units or involve the renovation of an abandoned building there would be significant opportunities to procure incentives. Site selection architecture can be interpreted as taking the condition of an existing building into account or proposing a new build, and that will influence location requirements for a site selection determination.

Site Selection Consultants

Site selection consultants have the responsibility to collaborate with clients to determine location priorities and give the best advisory opinions to provide the company with maximized value. Corporate site selection may involve the review of multiple sites for a new headquarters or office expansion. The location decision may consider the proximity to distribution or manufacturing sites if applicable as well as travel times for office staff. Manufacturing site selection consultants help industrial companies pick a site that serves their needs. They will choose a location that has access to the raw materials used in the manufacturing process as well as closeness to distribution routes. A site selection consultant salary depends on experience in the economic development and consulting industry as well as their level of education. McGuire Sponsel is a site selection group in Dallas that provides clients with location advisory services. Site Selection Magazine is a great resource for consultants to reference when advising their clients on industry trends and prime locations. A good site selection group will advise their clients on all possible options and provide adequate information to help the company make the most informed and best decisions for themselves. McGuire Sponsel employs the top site selection consultants and has site selection jobs to be a good resource for their clients. Site selection jobs are important because they help both local and national companies make impactful decisions that will drive economic growth in the area they choose whether it be an industrial park for a manufacturing plant or a rehabilitated downtown location.