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Creating an inventory of sites ready for development
Why Does West Virginia Need to Invest in Site Readiness Efforts?
I need to know the issues with the site, the time it will take to resolve them, and how much will it cost. West Virginia’s information just isn’t available.- Cushman & Wakefield Site Selection Consultant
Site selection consultants do 90% of their research, information gathering, and filtering before ever contacting a [West Virginia] representative.- Ernst &Young Site Selection Consultant
We’ve been interested in West Virginia sites in the past, but there have been too many unknowns to recommend moving forward to our Client.- Site Selection Consultant
Moving at the Speed of Business
Update on West Virginia Site Ready Efforts
A working document prepared by WV Forward, in collaboration with West Virginia Brownfields Assistance Centers, offers best practices and past and current in-state site readiness initiatives that illustrate possible actions to improve West Virginia's ability to attract and grow businesses statewide.
Competing for business investment
Thirty-one states across the U.S. have adopted a site readiness or certification program. In order for West Virginia to compete for prospective business investments, there is a glaring need to create an inventory of sites ready for development.
- WV Forward Summary of Site Readiness Policy Considerations
- Advantage Valley Analysis of Best Market Opportunities for Business Development
- Advantage Valley business opportunity playbooks
- Example of site readiness program: South Carolina Palmetto Sites Program
- Example of site readiness program: South Carolina Department ofCommerce Industrial Site Certification Program
- Example of site readiness program: Certified Sites North Carolina
- Example of site readiness program: Select Tennessee Certified Sites Program
- Example of site readiness program: Ohio Job Ready Sites Program
- Example of site readiness program: Virginia Business Ready Sites Program
- Example of site readiness program: Alabama AdvantageSite
- Site Selection Magazine
- AEP Quality Sites
examples of wv forward in action
Readying brownfields sites for new investments
Focused on the revitalization and redevelopment of brownfields sites in communities
across the state, WV Forward and the WV Brownfields Assistance Centers are collaborating
to ready sites for business and prepare properties for potential investment opportunities.
An example from West Virginia (Pilot Project 2014-2017):
The Northern Brownfields Assistance Center Site Ready Program attracted $46,976,500
in additional private and public funding, through deal structuring, site promotion,
and related activities, created 131 jobs on targeted sites, and brought local and
regional attention to selected sites.
$1.6 Billionauto-manufacturing plant
Examples of Success Models
The Alabama AdvantageSite Program is managed by the Economic Development Partnership
of Alabama, a collaboration between the private sector and state and local governments
to prepare sites for development. Since the program’s inception in 2008, Alabama
was able to locate 33 projects on AdvantageSites across the state, generating over
$1.3 billion in investment and creating over 6,072 jobs.