Economic Development

Economic Development
With decades of providing advisory services to the public sector, Kosmont Companies is the most capable company in California when it comes to designing and implementing an economic development strategy. We have assisted hundreds of public agencies in their quest to retain jobs, attract and retain business, structure zoning, draft General Plan elements, and structure tax and incentive plans that target meaningful private investment. 

Urban Redevelopment & Downtown Revitalization
Commuting is taking its toll and home affordability continues to be a concern for cities and counties. Many people are moving back to multi-family housing in city centers and many businesses are moving closer to workers. Consequently, older cities are rediscovering the viability of their aging downtowns and newer cites want to create a sustainable center for their communities. We work closely with redevelopment agencies in positioning and developing their opportunity sites through creative negotiation and financing that properly encourage private development/lease activity and business interests. 

Getting Stalled Projects Moving Forward
Kosmont Companies is ready and able to assist you and your clients in jump starting stalled development projects to get them moving forward. We are focused on leveraging local government financing structures to provide the assistance needed to get developer projects back on track. Kosmont is also advising a number of public agencies on obtaining state and federal money which can be used to assist stuck private sector projects. 

Most importantly, we can analyze retail and mixed use projects to determine the various financing options that may be utilized to bring it to completion. Our extensive experience executing public-private projects gives us a unique understanding of multiple government funding sources currently and soon to be available. In today's challenging economic environment which has stymied the private markets, these funding sources can be critical to a project's success. We provide both public and private sector clients with deal structuring advice, development services, project and market analysis and a wide variety of strategic and policy lever decision making capabilities.