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Industrial/Real Estate

Martin Associates used the real estate impact methodology to quantify the economic impacts of real estate development by the Ports of Portland (OR), Seattle , Oakland , Olympia and San Francisco . The resulting real estate impact models developed for the Ports allows each Port to estimate the potential economic impacts of alternative waterfront and non-waterfront land developments.

We also used the industrial development/real estate impact model to evaluate alternative strategies for industrial development on the Port of Longview (WA). The Port is currently using the same models in formulating its strategic plan.

The models are used to assess the impact of future marine terminal development vs. industrial or commercial development of the waterfront land.  In Oakland the model was used to assess the impact of developing a resort hotel vs. reserving the land for future maritime uses.  In Seattle the impact models have been used to assess the impact of developing a parcel of land as a container facility or a ship repair yard. Also assessed was the development of the Central City Waterfront, including a museum, hotel, restaurant, world trade center and condominium development.

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