The Task Force established to study the feasibility of development of the I16 – US 301 interchange met for the second time on September 13, 2011. The purpose of the meeting was to present and receive feedback regarding the market assessment performed by the consultant. The presentation included discussion regarding key national and regional trends to be considered, including:
- Increasing effect of globalization
- Lingering effects of the Great Recession
- Georgia’s rapid growth
- Emergence of a powerhouse SE United States “global portal” combining Port of Savannah and Hartsfield-Jackson Internation Airport
- Importance of interstates as the “connective tissue” of the economy
The Market Assessment examined the following: demographics, employment profile, site competitive assessment, industrial potential and recommendations, retail potential and recommendations, and resident recommendations.