Business Relocation Feasibility Studies
The Uniform Relocation Act also allows business owners to be eligible for feasibility studies as they consider options for relocating their operations. As a long-time developer and contractor, SEA CON has conducted hundreds of feasibility studies over the course of its history.
The purpose of a feasibility study is to determine if a potential new location will work for the business owner.
Essentially, a good feasibility study will provide answers to the following questions that come up during a business relocation.
What will business relocation look like?
- Is the relocation allowable by code?
- Can the site/building accommodate the use?
- What changes are necessary to the site/building to accommodate the use?
- What might trigger upgrades to the site/building based on the new user’s intended use and changes?
How much will the business relocation cost?
- What are the direct costs of the proposed improvements to the building/site?
- What additional indirect costs will there be (design/permitting fees, architectural/structural/civil engineering services, utility hook-up fees, traffic studies, etc.)?
- What is the purchase or lease rate?
- What, if any, concessions are the seller/landlord willing to consider?
- What is the cost of the actual move from start to finish?
How long will the relocation of the business take?
- How long will it take to negotiate and acquire the new site?
- How long will design and permitting take?
- How long will construction take?