Economic and Fiscal Impact Analyses

Feasibility Analysis of Grounds For Sculpture

June 9, 2021 / Comments Off on Feasibility Analysis of Grounds For Sculpture

Grounds For Sculpture (GFS) is a 42-acre sculpture park, museum, and arboretum founded on the site of the former New Jersey State Fairgrounds.  It contemplated a ceramics studio that would offer classes, provide workspace for artists, and strengthen its ability to serve as a meeting and event site. It desired to assess the feasibility of […]

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The Power of Residential Growth

December 23, 2020 / Comments Off on The Power of Residential Growth

How Increasing Baltimore’s Population Strengthens Local Neighborhoods and Boosts the City Economy Econsult Solutions, Inc. was hired by Baltimore Development Corporation (BDC) to quantify the benefit of residential growth on the Baltimore and Maryland economies, to determine whether that benefit represents a positive impact on existing residents, and to make the case for efforts that […]

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What are the Potential Benefits of Universal Access to Retirement Savings?

December 15, 2020 / Comments Off on What are the Potential Benefits of Universal Access to Retirement Savings?

The Center for Retirement Initiatives (CRI) at Georgetown University engaged ESI to assist the Center in developing an analysis of national options to expand retirement savings coverage. The CRI study examines how characteristics such as account type (payroll deduction IRA vs. 401(k)), the employers required to participate, and default levels of employee contributions and any […]

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Economic Impact of 3.0 University Place

August 5, 2020 / Comments Off on Economic Impact of 3.0 University Place

ESI was retained by University Place to generate the economic impact of 3.0 University Place, a state-of-the-art, eight-story, mixed-use, life sciences enabled building located in the rapidly growing submarket of University City, Philadelphia. The newly designed project features ground-floor retail, and curated wet/dry lab space, including an incubation coworking floor. Wistar, one of the most […]

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NJHMFA: Compliance for Multifamily Affordable Housing

June 4, 2020 / Comments Off on NJHMFA: Compliance for Multifamily Affordable Housing

Since 2011, ESI has provided the New Jersey Housing Mortgage and Finance Agency (NJHMFA) with on-call management services for multifamily housing developments. ESI leads the analysis of compliance with Public Law 2008, c. 46 (A500 ACS), which requires an analysis of the finances of the proposed project to answer the question “Are the profits from […]

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The Potential Economic Impact of 4MLK

April 21, 2020 / Comments Off on The Potential Economic Impact of 4MLK

In 2019, ESI was retained by Wexford Science + Technology to assess the potential economic impact of 4MLK – a planned development, in partnership with Ventas Inc, situated within the University of Maryland BioPark. The proposed project would connect historically underserved West Baltimore neighborhoods and the UMB campus and Downtown. ESI found that proximity to […]

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