Investment Based Planning -- A New Model for Developing Public Land Assets

All too often we see local governments, desperate for economic develop, putting their land assets out to the private sector in an RFP or RFQ without fully understanding their value or without full understanding of private sector drivers. 

The Investment-Based Planning Strategy is a new breakout method for local governments to grow private investment in the new economy. The paradigm works in delivering to local government, highly qualified private developers under a public-private partnership (P3) umbrella due to an innovative process employed.  Success is accomplished through a two-tier method beginning with a high-level macro assessment using big data trends followed by a parcel-based (micro) value capture process.  Key to successful deliverance is our unique ability to involve financial underwriters in the review of the value proposition.  Their involvement results in increased value for the land asset as developers turn from “being pursued” to pursuing the opportunity.  In essence, the resulting development plan and agreement reflect a "visual financial proforma" versus a "pretty picture." The paradigm has worked in a number of situations and communities from regional airports, and suburban TOD locations to catalytic sites for downtown redevelopment and suburban sites where placemaking and new economic development strategies are imperative.  

While already successfully applied in a number of Florida communities, the national roll-out of the Investment Based Planning Strategy occurred at this year's International Economic Development Council's National Conference in Philadelphia.  Here is the presentation.

Wed ladams upload to matt- ignite presentation from Donald Martin