site selection:
… the component of enterprise development that is the choosing of a location and/or a real property item for an expansion or relocation, or for startup of a new venture. The term has come to refer to all that goes into location work before an actual selection is made.
The act or instance of site selection comes after analyzing established factors which are known as selection criteria. Site selection refers to the fact of having been chosen. Also, the term refers to the selected location itself as well as the selected real estate.
Site selection is the act or instance of deciding on a location site for the type of enterprise development that leads to economic development, especially, as it might benefit … a place where people live, work, and share things in common (source of quote)
Site selection as location work identifies prospect activity of a much sought after type by places seeking economic development.
Referring to a quoted definition in the Michigan Economic Development Code Project: A Special Report (2007) stating that economic development includes … efforts to increase employment opportunities by getting new businesses to relocate in a community or existing businesses to expand (source of quote), it can be said that the practice serves communities seeking job creation opportunities by marketing for prospects to become available through the site selection process. The important position site selection holds in the overall scheme of economic development seems to be established by the International Economic Development Council's reference to its location data elements guide as Site Selection Data Standards.
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Search for site selection resources:
About Site Selection in the Site Location Assistance website of The Network introduces the project driven process in the context of enterprise and economic development.
Site selection is a component of enterprise development. Part of the definition of site selection is published in The Definition of Economic Development Collection to show the important position the process holds in the overall scheme of things related to locations seeking economic development. SLA and the other two .network websites provide free access to site selection resources. For example: SEARCH the Global Registry of Contacts for places of interest and to gain access to their location data suppliers.
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