Case Study: Hawthorne Realty Group quantifies mixed-use development impacts with IMPLAN

Hawthorne Realty Group projects $10.8 million in municipal revenue with IMPLAN

Hawthorne Realty Group, a real estate developer, faced the complex challenge of getting a mixed-use development approved by the City of Hawthorne. They needed to demonstrate the project's economic and fiscal impacts to overcome resident and official concerns. To do this, they used IMPLAN's economic impact analysis service to quantify the potential effects of the proposed construction and ongoing operations.

Using IMPLAN, the analysis provided detailed data on the project's construction and operational impacts, including the creation of 608 jobs and over $93 million in economic output during construction. The solution also calculated a net positive annual municipal revenue impact of approximately $405,000. This data-driven approach from IMPLAN allowed the developer to adapt the plan and ultimately gain approval for the project, which was built as the Millenium Hawthorne.

Hawthorne Realty Group