CASE STUDIES 

CLIENTS CASE STUDIES
CASE STUDIES
 

To learn about our innovative and strategic approach to Location Economics and the results we achieve, please review highlights of some of our projects.

Incentives
H. Lee Moffitt Cancer Center - Financial and Incentives Advisor
BLS served as financial advisor for a groundbreaking venture between the H. Lee Moffitt Cancer Center and Merck to secure public financing, valued at more than $45 Million. [read more]
 
ACE Insurance - Incentives Advisory
Secured an incentive package in support of their consolidation and relocation of operations from New York City to Jersey City. [read more]
 
Barr Pharmaceuticals - Incentives Advisory
BLS represented Barr with multiple relocation and expansion projects, securing $20 million in incentives. [read more]
 
Bowne & Company - Incentives Advisory for headquarters relocation
BLS represented Bowne & Co. in the negotiation and implementation of an incentives strategy in connection with the relocation of their headquarters. [read more]
 
Bristol-Myers Squibb - Site Selection & Incentives Advisory
BLS served as site selection and incentives consultant during competitive nationwide site selection process the location of a new $1.3 billion biologics manufacturing facility. [read more]
 
Citigroup - Incentives Strategy for Data Centers
BLS has represented Citigroup on projects throughout North America for over six years. In 2006-2007, BLS managed the development and implementation of an incentive strategy for two mirror 300,000 sf data center facilities, one in Ohio and one in Texas. [read more]
 
D&H Warehouse - Labor Market Analysis and Incentives Strategy
BLS was retained by D&H Warehouse to conduct a labor market analysis and incentives strategy for their new warehouse and distribution facility. [read more]
 
Diageo - Incentives Strategy for Headquarter location
BLS advised Diageo on the incentives strategy for the company's new headquarters location for their North American operations and [read more]
 
DTCC - First beneficiary of NJ's ERG Grant
Executed the incentives strategy to facilitate Depository Trust & Clearing Corporation's (DTCC) move from Lower Manhattan to Jersey City. [read more]
 
Gartner - Incentives Advisory for headquarters location
Advised Gartner on a headquarters location and incentives strategy and negotiation. Package valued at $24 million using Urban Reinvestment Tax Credit, Sales Tax and Property tax exemption. [read more]
 
ICAP - Incentives Advisory for Headquarters Relocation
BLS secured a grant from New Jersey, valued in excess of $70 million over a period of 10 years, in conjunction with ICAP's relocation from New York City. [read more]
 
Imclone - Incentives Strategy
Advised ImClone on their incentives strategy on their expansion, valued at $32 million, utilizing Business Employment Incentive Program (BEIP) Grant, amending BRRAG approvals. [read more]
 
IPC- Incentives Advisory for headquarters
BLS has represented IPC in connection with multiple projects in New Jersey including the relocation of their headquarters. [read more]
 
JP Morgan Chase - Strategic Planning and Incentives Negotiation
BLS managed diverse incentives negotiations for multiple projects spanning seven states over eight years, capturing $133 million in total incentives. [read more]
 
Lehman Brothers- Location Analysis, Site Due Diligence & Incentives
BLS spearheaded multiple projects on behalf of Lehman Brothers, including back office facilities, data centers, and disaster recovery facilities in several states. [read more]
 
Mellon Bank - Business Retention & Relocation Assistance Grant
BLS pioneered new incentives - Business Retention & Relocation Assistance Grant (BRRAG) programs to help retain valuable jobs and investment in New Jersey [read more]
 
MetLife - Incentives Advisory for Headquarters Relocation
BLS worked with New York City on behalf of MetLife to create a mechanism to help them capture property tax abatement. [read more]
 
Nestle Waters - Incentives Advisory and Negotiation
BLS secured an incentives package for Nestle Waters comprised of low-interest loan, state tax credits and tax exemptions, valued at over $10 million. [read more]
 
New York Life
BLS worked with New York Life to implement multiple projects. The initial project involved the relocation of the company's Manhattan headquarters location to a new facility in Westchester, NY [read more]
 
Pearson
BLS has had the opportunity to advise and assist Pearson, plc. in the development and implementation of various incentives strategies in connection with the company's national reorganization and restructuring of its warehouse and distribution operations. [read more]
 
Royal Bank of Scotland Group - - Incentives Advisor for RBS consolidation
BLS developed and executed an incentives strategy to consolidate Royal Bank of Scotland's North American corporate bank, package valued at $100 million. [read more]
 
T.Rowe Price- - Site Selection and Incentives Negotiations
BLS advised T.Rowe on relocation options and incentives negotiations, package valued at $25 million, utilizing Quick Action Closing Fund, High Performance, Capital Investment Tax Credit and Qualified Targeted Industries Refund. [read more]
 
UBS
The firm advised and represented UBS in the development and implementation of an incentive strategy for a planned new tower in Jersey City, New Jersey [read more]
 
Unilever
BLS was retained by Unilever to provide incentives and transaction management services during the merger of warehousing and distribution facilities in the companies two primary lines of business. [read more]
 
United States Tobacco - Incentives Advisory for Headquarters
BLS was retained by United States Tobacco (UST) to assist the Company in securing incentives with regard to its planned headquarters relocation in Connecticut. [read more]
 
Verizon Communications and Verizon Wireless
BLS has advised the extended family of Verizon Communications and Verizon Wireless on multiple projects nationwide since 2000. [read more]
 
Land Use
Bloomberg- Incentives Advisory for Data Center Expansion
BLS assists Bloomberg with expansion of research and technology units, headquarters, data centers. [read more]
 
Hercules - Land Use Strategy
BLS instituted redevelopment, land use and community-engagement strategies to assist Hercules with the disposition of 2,100 acres of brownfields in New Jersey. [read more]
 
Honeywell - Strategic Advisor for Brownfields Redevelopment
BLS served as financial advisor for Honeywell International in support of its plans to remediate and redevelop 100 acres of contaminated land (including City-owned land) on the "west coast" of Jersey City on the Hackensack River [read more]
 
Economic Development
Brick City Development Corporation - Business Targeting and Outreach
Provided Site Selector's perspective to aid with development of business targeting and outreach strategies [read more]
 
Campbells - Incentives & Labor Market Analysis
BLS was retained to conduct a labor market analysis of the Richmond, Virginia area as a destination for this campus. [read more]
 
Commonwealth of Pennsylvania - Economic Development Strategy
BLS benchmarked new economic development stimulus package against ten of PA's most important economic development competitors. [read more]
 
Jacksonville Economic Development Commission
BLS & Co. profiled the state and local incentives available to economic developers in Jacksonville and benchmarked these programs against the region's leading competitors to determine the usability of the incentives. [read more]
 
Niagara University
BLS worked with Niagara University to obtain funding from the NY Power Authority (NYPA) to mitigate the impact of its massive hydro-electric plant adjacent to the campus. [read more]
 
North Carolina Biotechnology Center
BLS and its strategic partner, Wadley Donovan Gutshaw Consulting, created a prototypical biologic/pharmaceutical operation to collect data for use in future projects. [read more]
 
Puerto Rico Industrial Development Company
BLS was retained by the Puerto Rico Industrial Development Company (PRIDCO) to assess their existing incentives statutes and regulations and to help determine if they enable or deter PRIDCO from achieving its economic development objectives. [read more]
 
Somerset County Business Partnership
The Somerset County Business Partnership (SCBP) initially retained BLS to survey the County's life sciences industry leadership for their reflections on the County's assets and challenges. [read more]
 
Virginia Hampton Roads
BLS and its strategic partner, Wadley Donovan Gutshaw Consulting, analyzed the incentives of the Tide Water region on behalf of Hampton Road. [read more]
 
Site Selection
Avon - Labor Market Analysis
BLS compared the labor markets in Ohio, Kentucky, and West Virginia to aid Avon in the selection of a domestic warehouse site. [read more]
 
DTCC - Site Selecton and Incentives Advisory
In 2002 the ''Fed White Paper'' challenged the financial industry to make the investments required to assure continuity and liquidity in capital markets. [read more]
 
Prescription Solutions
BLS and its strategic partner, Wadley Donovan Gutshaw Consulting, conducted a nationwide search for a new 200,000 square foot, state-of -the-art prescription drug fulfillment center on behalf of Prescription Solutions. [read more]
 
QVC - Site Selection and Incentives Advisory
BLS managed a multi-state, sequential site search and secured $10 million in incentives including free land, infrastructure grants, tax abatements, grants, tax credits and tax exemptions. [read more]
 
The Chubb Corporation
BLS successfully planned and executed a three-state competitive process to help fund the location of a new 420,000 square foot back office operation in New Jersey. [read more]
 
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RESOURCES
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