We use urban analytics and data to visualize the fiscal impact of development types across communities.
Telling a Story with Data
Streamlining complex, inaccessible data and concepts is our strength. Economics affects the geography of our cities, and our geoaccounting process clearly communicates economic patterns using spatial representations. At the core of our analysis, we use a community's baseline data to produce an Economic MRI, or a spatial representation of the fiscal potency of existing urban development. We then share the potential of a community's urban development patterns and opportunities through data analysis and storytelling. Urban3 uses ESRI software to visualize data in 3D and present information in Storymap format (below). Regardless of the complexity, Urban3 creates simple visuals to convey the point.
Economic MRI - Value per Acre Analysis
Urban3's geoaccountants produce maps that help communities visualize property values on a per acre basis: this is the Economic MRI. By comparing property values per acre, we can compare property apples-to-apples, in a way that clearly displays market trends and development opportunities.
Utilizing historical tax data and market analysis, the tax revenue potential of development projects and their impact on surrounding property values can be projected well into the future.
Multi-county regional analysis displays real estate valuation trends across large areas. Interactions between counties and cities impact phenomena in the built and natural environment as well as the market.
Fiscal MRI - Return On Investment (ROI) Modeling
The cost of physical infrastructure and public services varies based on location and land use patterns. When we join those fiscal costs into a community's Economic MRI, we creates a more accurate picture of an area's financial situation: A Fiscal MRI. This type of data analysis provides a clear model of return on investment.