CITY OF COHASSET SPEC/INCUBATOR BUILDING FEASIBILITY STUDY | 2020
Challenge: Itasca County stakeholders planning an EDA application for an industrial/spec incubator building in Cohasset.
Role: Completed a feasibility study on the proposed new facility in Cohasset, including a profile of the Itasca County economy, lead generation analysis based on deal flow from regional economic development partners, analysis of trends in spec and incubator building development, analysis of the Itasca County industrial real estate market, and financial feasibility of the proposed building.
Results: Complete Cohasset Spec/Incubator Building Feasibility Study submitted along with application and designed in a way to support additional possible funding sources or projects. EDA funding awarded for the facility in February 2021.
Reference: Tamara Lowney, Itasca Economic Development Corporation President & CEO, tlowney@itascadv.org, 218-326-9411