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LOCATION SERVICES

"THE PROCESS"

GLOBAL REACH

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CASE STUDIES

WHY WDGC

PRINCIPALS

 

 
SITE SELECTION DECISION PROCESS
 

 
PROCESS"  

                           "THE   


SITE SELECTION DECISION-MAKING PROCESS

WDGC follows a systematic, time-tested approach to helping companies resolve business location challenges. The process does notsignificantly vary from one industry to another. What changes most is degree of emphasis placed on individual factors.

Typically, a structured four phase process is adhered to by WDGC. Along the way we frequently interface with our client team. Highlights of each phase follow:

bullet Phase One: The Building Blocks
bullet WDGC and client hold dialogue to define the challenge
bullet WDGC prepares Baseline Information Questionnaire
bullet Client completes questionnaire
bullet Profile of any existing locations
bullet Operational needs of the new facility
bullet Location criteria defined/weighted
bullet WDGC/client hold a kickoff meeting to finalize information/criteria

bullet Phase Two: Location Screening
bullet Desktop research and outreach to EDO agencies
bullet Systematic process to eliminate areas within the defined search region
bullet Basic criteria (e.g., minimum population size) introduced early on
bullet More restrictive criteria interjected in subsequent screening rounds
bullet Longlist (7-8) of promising contenders emerges
bullet Additional research conducted on each area’s operational fit
bullet Longlist ranked/scored using WDGC’s model
bullet Shortlist (often 3 areas) recommended


bullet Phase Three: Location Selection
bullet Field-based due diligence evaluation
bullet Consists of employer interviews, site/building tours, GIS mapping, and other empirical research
bullet Seeking a match between
bullet Demand / supply
bullet Quality / stability
bullet Cost
bullet Unionization
bullet Each area ranked/scored
bullet Demand / supply
bullet Quality / stability
bullet Cost
bullet Unionization
bullet Best submarkets (e.g., labor draw) targeted
bullet Several sites/buildings shortlisted
bullet Recommendations tendered
bullet
bullet Best location
bullet Shortlist sites/buildings
bullet Most viable alternatives
  - Locations
  - Sites/buildings
 
 
bullet Phase Four: Site Selection
WDGC assists client’s real estate team to assess shortlisted sites on issues such as:
bullet WDGC assists client’s real estate team to assess shortlisted sites on issues such as:
bullet Access
bullet Taxes
bullet Utilities
bullet WDGC can also undertake final incentives negotiations
bullet Working closely with client’s real estate team and other internal players (e.g., tax, legal, corporate affairs)
bullet Best/final offers received
bullet Multi-year savings refined
bullet All particulars wrapped up
bullet WDGC/client attends “deal closing” for formal incentives package offering

 

     
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