Case Study: Point of the Mountain State Land Authority advances economic development with RCLCO

Point of the Mountain State Land Authority plans redevelopment of 700 acres with RCLCO

The Point of the Mountain State Land Authority faced the significant challenge of redeveloping a 700-acre former state prison site, known as The Point, into an economically robust and environmentally sustainable innovation hub. The Authority engaged real estate consulting firm RCLCO to help achieve its dual mandate for statewide economic impact and generating real estate value.

RCLCO provided market analysis, financial feasibility analysis, and implementation strategy to help define the Authority's role in the redevelopment and evaluate the trade-offs of its social and economic goals. The work provided critical direction for the board and helped guide the planning process to create an economically feasible development capable of driving regional growth. RCLCO continues to work with the State on implementing the framework plan.

Point of the Mountain State Land Authority