Case Study: Lynchburg Regional Business Alliance quantifies Amherst County economic impact with IMPLAN

Lynchburg Regional Business Alliance drives $16.6M in local spending with IMPLAN

The Lynchburg Regional Business Alliance, an economic development organization, faced the challenge of convincing the Amherst County Board of Supervisors to approve a bold incentive—donating land—to attract a new assisted living facility. To build a compelling, data-driven case for the project's potential economic benefits, they turned to the economic impact data and modeling software from their vendor, IMPLAN.

Using IMPLAN's solution, the Alliance performed a detailed economic impact analysis. The results were compelling: the construction phase was projected to generate over $16.5 million in economic activity and create 124 jobs, while ongoing operations would support 66 long-term jobs and over $2.2 million in annual spending. This data, provided by IMPLAN, was instrumental in demonstrating the significant return on investment and helped the Alliance successfully make their case.

Lynchburg Regional Business Alliance