Funding major infrastructure improvements on Route 108, a primary regional commercial artery.
ADG Solution
Commissioned to conduct a Market Analysis to better understand the risks and benefits of upgrading the Town’s infrastructure. Working closely with the Town Planner and the Committee ADG.
identified three potential development strategies:
• Low Risk–No Improvement Option
• Medium Risk–Moderate Improvements $12m cap
• High Risk–Full Infrastructure Improvements $18m cap.
As a result, the Town subsequently commissioned ADG to develop a Tax Incremental Financing District (TIF) within the Route 108 commercial district.
