University of North Carolina – Chapel Hill

TischlerBise conducted a fiscal and economic impact analysis of a planned expansion of UNC-Chapel Hill called Carolina North, a mixed use development consisting of housing, retail and research uses. This was a regional, visible impact study conducted on behalf of the University that analyzed the economic impact of the proposed development and the resulting fiscal impact of both direct and indirect growth on the Towns of Chapel Hill and Carrboro, as well as Orange County. Throughout the process, the consultant team interacted and coordinated with a variety of stakeholders including staff from the multiple jurisdictions (including schools), elected officials, community members, and University staff. At the conclusion, the University and Town of Chapel Hill were successful in negotiating a development agreement that considered fiscal implications. The assignment also included provision of a fiscal model to UNC for future evaluation of the development. TischlerBise implemented the model and trained University and jurisdiction staff on design and use of the fiscal model.