An economic 4mulation analysis – utilizing financial modeling, economic impact assessment and highest and best use analysis – helps investors, be they a private developer or a municipality, county or transit agency, identify the optimum land-use strategy which not only generates a reasonable return, but is also socially, environmentally and fiscally sustainable.
Performing an economic impact assessment on a community or region’s largest existing industries can provide insight to public officials with an early warning sign concerning future economic shocks.