Silverlode provided an economic development organization with a highest and best use analysis and marketing strategy for a critical downtown site in Troy, Ohio.
Silverlode interviewed representatives from public and private interests, conducted an in-depth analysis of location factors, reviewed environmental studies of the site, and provided a target industry analysis to identify sectors and clusters that could be attracted to a site in Troy, Ohio. Silverlode estimated the wages, income taxes, jobs, and construction impacts of uses for the site.
Silverlode recommended general use categories for the site as well as development considerations and next steps. Silverlode provided Troy Development Council with a list of companies and contacts within the target industry sectors and geographies, recommendations for engaging those companies, and outreach strategies.
Silverlode’s study was instrumental in getting support for the successful end use and implementing a $60 million hospital development.