Site selection is critical to the success of any project. Westar Trade Resources will assist your company in selecting the best site for your project, including national and international evaluation and selection. We have the ability to assist you in every phase of the site selection process, from planning through move-in. Our process is customized based on your needs. The following provides an overview our general approach to site selection projects:
Project Definition
- Project Criteria
- Employee Segmentation
- Scheduling and Budgeting
- Community Benchmarking
- Candidate Community Identification
Site Selection Analysis
- Demographic Comparison
- Labor Force Analysis
- Labor Rate Comparison
- Weighted Modeling
- Saturation Analysis
- Operating Cost Comparison
- Real Estate Market Research
- Transportation and Logistic Assessment
On-Site Community Due Diligence
- Economic Development Agencies
- Employer Interviews
- Infrastructure Providers
- Real Estate Tours
- Employment Agencies
- University and College Officials
Economic Incentive Negotiations
- Tax Credits & Incentives
- Sales & Use Tax Rebates/Agreements
- Cash & Real Estate Grants
- Special Tax Districts (TIF’s, PID, etc.)
- Employee Training Subsidies/Grants
- Tax Abatements
- State & Local Tax Conditions
- Special Public & Private Financing
- General Infrastructure Grants & Rebates
Real Estate Negotiations
- Distribution of RFPs
- Bidding of Developers
- Financial Analysis
- Proposal Comparisons
- Negotiations
- Distribution of Letter of Intent
- Documentation Review