The Impact of Utilities on Site Selection Decisions – The Good, The Bad and The Ugly
In today’s world, the impact of utilities and their economic development arms on site selection decisions cannot be understated. In some cases, utilities are government owned, while in others they are private sector entities with shareholders. In either case, the active engagement of utilities in the economic development process can positively or negatively impact the site selection process, depending on the level and quality of interaction. Site selection firms and their clients must have a firm grasp on what is needed from utilities during all phases of a project, from initial research through delivery. Analysis is critical in order to understand capacity, cost and timing issues associated with the project. During the site selection process and prior to the launch of a new facility or building expansion, a key list of issues and requirements should be developed by the consulting firm and its client. The list of key criteria should then be weighted for purposes of analysis, in order for potential locations to be thoroughly vetted. more....