What We Offer
Complete Economic Development Services
PIAI provides municipalities with the expertise, tools, and partnerships needed to transform underperforming assets into engines of community prosperity.
PIAI provides municipalities with the expertise, tools, and partnerships needed to transform underperforming assets into engines of community prosperity.
Our founder, Casey Doody, is the CEO of Portland Investment Advisors, LLC (PIA), a Registered Investment Advisor licensed in the State of Maine. The parcel attribute model was mirrored after the strategy used to manage investment portfolios at PIA.
Through data collection and our proprietary parcel attribute model, we help towns identify hidden assets: location, location, location parcels that are not contributing at their highest potential.
Our direct resources extend to the best of the best in most all activities related to operating a successful municipality. Our supporting members include current and former town managers, selectboard members, architects, and infrastructure specialists.
Our direct resources include vast knowledge of municipal funding tools, including how to use varying tools in conjunction with each other to compound a project's expected impact.
When opportunities are identified, PIAI works with municipal leaders to develop a roadmap for bringing projects to life. Our relationships with funding sources provide access to capital that streamlines project completion.
We do more than identify problems. We create complete roadmaps for solving them. Our seven-step methodology ensures alignment, community buy-in, and successful execution.
A proven framework for identifying opportunities, building consensus, and executing transformative economic development projects.
Municipal leaders must understand the relationship between current tax revenues from parcels in poor condition versus expectations if parcels were adapted to Optimal Parcel Performance.
PIAI offers tools built to help municipalities identify underperforming Parcels of Land. Anchor Properties and Critical Lots are identified and analyzed to determine their impacts on nearby parcels.
Examination of the town's past and current economic environment identifies the challenges that have held a parcel back. This provides clarity around reasonable alternatives, allowing leaders to weigh expected benefits versus costs.
Complete alignment of all municipal leaders on the best path forward creates momentum and directs energy towards producing the outcome. Unity in understanding goals, challenges, and solutions is critical.
Dissemination of information regarding current economic conditions as they relate to the municipality's main revenue source. If analysis is thorough and benefits are clearly understood, the solution will be widely supported.
A public vote clarifies the town's understanding of the economic development plan and its long-term impact. It also signals commitment beyond the community, attracting investment and support.
Execute the plan with ongoing support, expertise, and partnership. PIAI remains committed through completion, ensuring your community realizes the full benefits of the investment.
An engagement starts with one question (which lots in this town are contributing least relative to what they could) and it ends with a plan the selectboard can vote on.
Every parcel in town ranked by what it contributes today against what its location, acreage, and attributes say it could contribute. Anchor properties and critical lots come out of that ranking, with the opportunity cost of each one attached.
Your town's real assessment and commitment figures, not a template.
For the parcels worth acting on: what it would cost to change them, which funding tools reach them (TIF, grant matching, private capital, or some combination), and what the town could reasonably expect back, over what period.
Written so it survives a public meeting, not just a boardroom.
Community education materials, help through the public vote, introductions to funding partners, and project management through completion. We stay with the project rather than handing over a report.
Step seven of the methodology is the one most consultants skip.
Let's discuss how our services can help your municipality unlock hidden value and create sustainable economic growth.