Louisiana Economic Development is responsible for strengthening the state's business environment and creating a more vibrant Louisiana economy. LED has instituted a Certified Sites Program to identify development-ready industrial sites.
Economic developers have found that the timeframe for making business location decisions has shortened and companies are becoming much more risk-averse. When a company makes a decision to build a new facility they look for a site that is ready to develop and relatively risk free. LED is assisting communities throughout Louisiana to identify and certify industrial sites as development-ready. Communities can propose a certified site to their clients confident of the site's availability and suitability. Certified sites offer the additional advantage of ensuring that the client’s construction is more likely to remain on schedule.
What is a Louisiana Economic Development Certified Site?
A Louisiana Economic Development Certified Site is a development-ready industrial site that has completed a rigorous review process by Louisiana Economic Development and an independent, third-party engineering firm. Specific site details, such as zoning restrictions, title work, environmental studies, soil analysis and surveys, are assessed for compliance and authenticity. Louisiana Economic Development Certified Sites are identified in the Louisiana Site Selection Center by a special notation and logo.
Advantages of LED Certified Sites:
- 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 proposals