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CRITERIA FOR FACTORYCRITERIA FOR FACTORY

SITE SELECTIONSITE SELECTIONDone By:

Neha RajpalS.Y.BBM-IB. Roll no: 55

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It is often said that the key to success in real estate is location,It is often said that the key to success in real estate is location,

location, location.location, location.

A site will more likely be accepted where the proposedA site will more likely be accepted where the proposeddevelopment will build on or complement existing anchordevelopment will build on or complement existing anchor

institutions. It must also support the economic vitality of traditionalinstitutions. It must also support the economic vitality of traditionalcenter of commerce similar to those found in a neighborhood ofcenter of commerce similar to those found in a neighborhood of

primarily unassisted housing of a similar nature.primarily unassisted housing of a similar nature.

Sites should exhibit no obvious negative environmental influences,Sites should exhibit no obvious negative environmental influences,which cannot be corrected or acceptably mitigated. Environmentalwhich cannot be corrected or acceptably mitigated. Environmental

impacts include, but are not limited to: excessive noise or physicalimpacts include, but are not limited to: excessive noise or physicalhazard from railroad, vehicular, or air traffic; high tension powerhazard from railroad, vehicular, or air traffic; high tension power

lines or high pressure natural gas transmission lines; sanitarylines or high pressure natural gas transmission lines; sanitarylandfills or salvage yards; sewage treatment plants; storedlandfills or salvage yards; sewage treatment plants; stored

hazardous materials on or near the sites; buried or spilledhazardous materials on or near the sites; buried or spilledhazardous wastes; operating oil wells; mine shafts; gravel pits;hazardous wastes; operating oil wells; mine shafts; gravel pits;

wetland designation; and prime agricultural soils classification.wetland designation; and prime agricultural soils classification.

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Sites must be of a reasonable size and configuration to permitSites must be of a reasonable size and configuration to permit

acceptable and professional site planning with adequate openacceptable and professional site planning with adequate openspace, circulation, and parking, exclusive of parking inspace, circulation, and parking, exclusive of parking in

primary drives.primary drives.

Sites should have easy and safe ingress and egress. Areas ofSites should have easy and safe ingress and egress. Areas of

concern include difficult leftconcern include difficult left-- hand turns against prevailinghand turns against prevailingtraffic, excessive curb cuts surrounding the entrance to thetraffic, excessive curb cuts surrounding the entrance to thedevelopment, and unreasonable lines of sight at the entrance.development, and unreasonable lines of sight at the entrance.Excessive traffic congestion should be avoided.Excessive traffic congestion should be avoided.

Relocation Costs: Proposals involving federal funds forRelocation Costs: Proposals involving federal funds for

occupied sites should involve no permanent relocation.occupied sites should involve no permanent relocation.

In cases where more than one site is submitted in a singleIn cases where more than one site is submitted in a singlemarket area or where a site does not meet all of themarket area or where a site does not meet all of theforegoing criteria, other relevant considerations may beforegoing criteria, other relevant considerations may be

taken into account.taken into account.

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Since the selection of a factory site has a significant influence on theSince the selection of a factory site has a significant influence on thedesign, construction and operating costs of a factory, each potentialdesign, construction and operating costs of a factory, each potentialfactory site will be evaluated to determine which is the mostfactory site will be evaluated to determine which is the most

economically feasible for the type of factory being considered.economically feasible for the type of factory being considered.Environmental considerations: Rules and regulations. All factoryEnvironmental considerations: Rules and regulations. All factorydesigns, regardless of the type of factory, must be in accordancedesigns, regardless of the type of factory, must be in accordancewith the rules and regulations which have been established bywith the rules and regulations which have been established byFederal, state and local governmental bodies.Federal, state and local governmental bodies.

Extraordinary design features. To meet various environmentalExtraordinary design features. To meet various environmentalregulations, it is often necessary to utilize design features that willregulations, it is often necessary to utilize design features that willgreatly increase the cost of the power plant without increasing itsgreatly increase the cost of the power plant without increasing itsefficiency. For example, the cost of the pollution control equipmentefficiency. For example, the cost of the pollution control equipmentthat will be required for each site under consideration is one suchthat will be required for each site under consideration is one such

item which must be carefully evaluated.item which must be carefully evaluated.

Water supply: General requirements. Water supply will be adequateWater supply: General requirements. Water supply will be adequateto meet present and future plant requirements. The supply maybeto meet present and future plant requirements. The supply maybeavailable from a local municipal or privately owned system, or itavailable from a local municipal or privately owned system, or itmay be necessary to utilize surface or subsurface sources.may be necessary to utilize surface or subsurface sources.

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Fuel supply: Site selection will take into consideration fuelFuel supply: Site selection will take into consideration fuelstorage and the ingress and egress of fuel delivery equipment.storage and the ingress and egress of fuel delivery equipment.

Physical characteristics: Selection of the site will be based onPhysical characteristics: Selection of the site will be based onthe availability of usable land for the factory, including yardthe availability of usable land for the factory, including yardstructures, fuel handling facilities, and any future expansion.structures, fuel handling facilities, and any future expansion.Other considerations that will be taken into account in siteOther considerations that will be taken into account in site

selection are: Soil information, Site drainage, Wind data,selection are: Soil information, Site drainage, Wind data,Seismic zone, Ingress and egress.Seismic zone, Ingress and egress.

For economic purposes and operational efficiency, the factoryFor economic purposes and operational efficiency, the factorysite will be located as close to the load center assite will be located as close to the load center asenvironmental conditions permit.environmental conditions permit.

Where the choice of several sites exists, the final selection willWhere the choice of several sites exists, the final selection willbe based on economics and engineeringbe based on economics and engineering studies.studies.