site:

... a place for development; a spot referred to as a location (site location). Those who are involved in enterprise and economic development understand that the term often refers to locale as well as a real estate site. Using the expression site location work means making a search to find a place and a property within which from information gathered appears to match a set of selection criteria. Searching, analyzing (comparative analysis), negotiating, and choosing a location and a piece of real estate is called the site selection process.

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site selection area:

... the space ... inside the boundary of something which, when not precisely defined, makes up a place (source of quote). Site selection areas are locales. They are communities and their immediate surrounding areas, as well as certain properties within them.

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