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   "economic insight for development success"
       land reuse ~ economic development ~ feasibility & strategy
 
Save years of frustrated development effort and wasted investment dollars
by using development due diligence to market test your vision for growth
 
       Innovation Economics LLC is a specialist consulting company with a track record in helping clients create distinctive development strategies that have generated millions of new investment dollars. We find out what is not working and why, and what new development possibilities are available for you. We help mitigate joblessness, market failure, sales tax leakage and other conditions that blight communities. Local and regional government, not-for-profits and developers use us to provide the competitive intelligence needed to transform land use and economic development possibilities. 
  
 
We provide the full spectrum of economic analysis and development evaluation tools:
 
  • Industry and business targeting studies using gap and synergy analysis
  • Concept and market preference testing using surveys and focus groups
  • Community diversification, revitalization and grant funding strategies
  • Financial and market feasibility testing for owners and developers
  • Evaluating cost-benefit, fiscal and employment impacts for communities
  • Retail market gap, daytime employment and tourism growth strategies
  • Housing needs, urban renewal, TIF districts and blight evaluation
  • Community capacity building and workforce development
  • Business, enterprise and innovation development strategies
 
We provide a thorough analysis of market data and trends and apply our distinctive 'economic systems' analysis to your development problems. This includes the inter-relatedness of residential, retail and daytime employment, we call this approach the economic developer’s ‘three-legged stool’. 
 
We undertake in-depth market analysis and outreach. The reason is that development opportunities are often based on latent capacity within communities and under recognised land assets. Our team will identify what is not working and will search for the action steps needed to drive forward development. 
 
We will help you better understand your specific development context and market trends so that limited resources and community plans can be aligned with real growth opportunities.