Site Dev 2-pager.indd

One Acadiana
Site Development Program
Identifying, preparing, and marketing development-ready sites for a more
economically competitive region.
One Acadiana’s Site Development program is designed to increase the region’s portfolio
of marketable, development-ready sites by certifying land within our nine-parish
region. This is achieved through partnership between One Acadiana, the
local economic development organization (EDO), and land owner.
What is a Certified Site?
A Louisiana Economic Development Certified Site is a
development-ready industrial site that has completed a
rigorous review process to answer as many development
questions as possible. Specific site details, like the
following, are assessed for compliance and authenticity:
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Zoning restrictions
Title work
Environmental studies
Soil analysis
Surveys
The due diligence performed during the certified sites process
delivers a property with minimal uncertainty through enhanced site
knowledge. This allows One Acadiana to present more competitive,
marketable sites to potential companies during the business development
process.
Advantages of Certified Sites
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Development ready
Substantial due diligence completed
Significant site information gathered and documented
Independent third-party engineering review
Uncertainty and potential obstacles eliminated through enhanced site knowledge
More competitive
Greater marketability
Granted priority in site proposal
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75% of engineering costs reimbursed by the state.
25% of remaining cost is shared between One Acadiana,
Local EDO, and land owner.
Increased exposure of site both nationally and internationally
though regional and state business development efforts.
Cost Breakdown Example
Phase I Environmental Assessment
$3,400
Wetland and Stream Delineation
$7,400
Preliminary Geotechnical Investigation
$3,800
Cultural Resources Investigation
$17,000
Management & Review Services
$8,400
Total Expenses Incurred (100%)
$40,000
Louisiana Economic Development (75%)
$30,000
Remaining
25%
Cost Breakdown
One Acadiana ( 8.3%)
$3,333 per
Local EDO (8.3%)
$3,333 per
Land Owner (8.3%)
$3,333 per
For more information on sites and site development opportunites,
contact Site Development Manager, Zach Hager at
[email protected] or (337) 408-3669.