Economic & Fiscal Impact Analysis
We conduct rigorous assessments that measure the economic and fiscal effects of transformative investments. Using advanced modeling, industry expertise, and place-based data, we evaluate job creation, revenue generation, multiplier effects, and public costs, providing stakeholders with compelling evidence to support investment priorities, secure funding, support negotiations, and demonstrate the tangible benefits of transformative projects.
HR&A Advisors serves as the retained executive team for the Rowen Foundation, orchestrating the creation of a 2,000-acre innovation community in the Atlanta Metro Region that will connect research, education, and industry across agriculture, medicine, and environmental science. As the operational leadership for this transformative project, HR&A directs all aspects of development including real estate strategy, foundation operations, tenant attraction, board governance, and public-private partnerships spanning Georgia's higher education institutions and government entities.
HR&A led real estate and economic analysis as part of a multidisciplinary team developing a master plan for Dallas' Convention Center District, reimagining the Kay Bailey Hutchison Convention Center and surrounding area as an integrated mixed-use district with a new multi-modal transportation hub. Our feasibility analysis, equity assessment, and funding strategy helped the City of Dallas secure a projected $3.5 billion to advance this transformative project.
HR&A served as strategic partner and development advisor to Rice Management Company for The Ion and broader 16-acre Ion District in Houston, overseeing real estate and programmatic development. This comprehensive advisory role helped successfully transform a historic former Sears department store into a thriving innovation hub while laying the groundwork for a 3-5 million square foot mixed-use innovation district that fosters an inclusive tech ecosystem and creates equitable economic opportunities.
On behalf of Consolidated Edison Inc. (Con Edison), HR&A conducted a comprehensive impact assessment of the company's utility subsidiaries, Con Edison Company of New York (CECONY) and Orange and Rockland Utilities (O&R), detailing the economic, fiscal, and social value the company provides to customers, businesses, local communities, and the states of New York and New Jersey.
