Prior to selecting an area of interest, City Deal Global team spearheads extensive research highlighting an area with unlimited growth potential that have been either over looked or unsought due to its transitioning nature. Great strides have been made by City Deal Global in up and coming Detroit neighborhoods by completing block by block initiatives; revitalizing potentially thriving communities’ piece by piece. These areas that have historically lacked strategic economic planning, diversity, and passion of its occupants suddenly begin to flourish. City Deal Global has aligned its goals with residential, commercial, and community stakeholders builds unwavering trust with the community due to the fact that they are aware of broader goals in the area.
Obtaining an in depth understanding of a community is the first step in making a substantial impact on an area. City Deal Global leads an operation but zeroing in on key stakeholders in the community. The occupants and current business owner are always of the most influence; allowing the organization to obtain an extensive representation of what they feel the community needs most. Locating specific avenues in which City Deal Global is able to aid those who have invested on a more localized level, all the while being able to capitalize as well.
Along with finding the correct space to invest and create more existing capital, during this segment of CITY DEAL GLOBAL’s process, teaching key members such as small business owners where their funds would be better allocated and guiding others who may have the opportunity to impact their communities and expand capital for themselves is a very important aspect of City Deal Global’s mission when meeting and consulting with individuals.
Along with extensive research of community stakeholders before investing in commercial or residential property CITY DEAL GLOBAL analyzes the demographics, including population size and composition, employment, income, and education and skill base. This allows City Deal Global to find the best possible fit for the neighborhood in which it’s investing; figuring what addition will be the most beneficial to the community’s residents and small business owners. While looking into demographics, completing a deep dive into the areas economic base as whole, including industry clusters and trends, current economic development initiatives, and major employers. Understanding precisely where communities have allocated their resources and where they plan on allocating them in the future is what allows CITY DEAL GLOBAL to insert themselves into the proper place, where they’re will be most favorable in the community.