We are an Indianapolis based multi-faceted firm that specializes in versatility. Our mixed team of professionals from the construction, engineering, economic development, real estate, and government services industries provide extensive resources for all client needs.
We have created a culture at the Veridus Group centered on People + Process + Passion. Our team has been handpicked to create an atmosphere of driven individuals who enjoy diving deeper with clients on a personal level while delivering quality work backed by years of industry experience.
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The Role of Real Estate in Local Government
In the past, local governments have viewed real estate in one of two ways; public or private. Public property includes all the property owned by the local government used to provide community services, including administration, police, fire, public works, etc. Additional public properties, like parks and trails, add to the quality of life for the residents and help connect and build community. But as these properties are tax-exempt, local authorities look to privately-owned parcels for required community funding.
Reducing Risk for Site Selection Consultants, Corporate Executives and Developers
In light of the recent Amazon HQ2 contest taking place across the country, people are actively seeking to better understand the deciding factors involved in a major organization’s process for selecting a site. When a company needs to expand or relocate its operations, it is primarily looking to find a place where its business operations can perform efficiently and effectively. But with so many communities shouting about their assets, high-ranking quality of life and available sites and buildings, how do site selection consultants, corporate executives, developers or even the communities themselves know which site could be the best fit to help them achieve their goals? The answer is to engage experts to conduct comprehensive reconnaissance of each potential site and/or building. As part of an exhaustive site evaluation process, some property owners, brokers, developers, and communities are turning to the confidence and credibility of site certification programs to help determine the viability for investment in a property and to increase marketability to prospective end users, such as Amazon.
What is Verisite?
Verisite establishes the universal definitions and designations for site certification, offering a new, trustworthy standard for property owners, developers and communities that utilizes a consistent and standardized set of criteria to determine all aspects of a site’s readiness for development.
The Value of Site Certification
Many people have asked, “But is it worth it? How do you certify successful (re)development?” These are very important questions that I think many consultants in the economic development industry do not answer well. What VERISITE is not saying is “do it and they will come.” What VERISITE IS saying (and requiring, for that matter), is to conduct the comprehensive analysis by well-known professionals and site selectors, then follow-through on marketing! One thing that I often get when I tell people I am an economic development consultant is, “Oh, I’ve paid people like you to do studies. But they just sit on a shelf – it’s not worth it.” That’s where the VERISITE team differentiates from the pack. While VERISITE’s main objective is risk mitigation, the program requires action on the part of the client and our own team. Marketing efforts on the VERISITE certified sites will be documented and evaluated to ensure the site is getting appropriate promotional support. Furthermore, the VERISITE team’s network of national corporate executives and regional/local developers adds another layer of marketing, helping to advance the site from the unknown to getting on the “list” of active site selection and development projects. Ultimately, the test for clients to know whether or not the VERISITE certification is working is the evaluation of companies and developers moving from consideration to commitment, not the number of VERISITE certified sites overall.