Economic Development

We know that delays kill deals and recognize that projects are won by businesses that can strategically meet the demands of the current regulatory environment. Our attorneys use this framework to guide clients by looking at the entire playing field and leveraging legal, legislative, and strategic guidance to efficiently accomplish client goals. The hallmark of our team’s top-tier legal services is not only the exceptional services they deliver, but how thoughtfully they deliver it for clients.

Effectively managing the details and legal requirements of site development requires a legal partner who can proactively anticipate and address potential roadblocks. Our team excels across all aspects of our clients’ most complex projects, including environmental compliance, real estate transactions, and litigation management. When clients face unexpected issues, such as community opposition or environmental concerns, our team steps in with practical advice to help mitigate and diffuse such threats. With a long track record of successful projects and relationships with state and local government officials throughout the U.S., we counsel our clients at the intersection of state and local law and politics, helping them to resolve issues before they escalate.

Securing economic incentives and navigating state and local tax (SALT) law can be critical components of successful project development. Through our capabilities and approach to incentives, we help clients identify and negotiate valuable economic packages. We are well-versed in resources such as grants, tax credits, PILOT agreements, and property tax abatements. Our attorneys also offer extensive experience in leveraging state or local redevelopment powers, tax increment financing, and public-private partnerships to reduce clients’ exposure and costs in developing projects. We have deep experience in the provision of various utility services and transportation infrastructure to projects. We uniquely understand the dynamics of local and state politics, working closely with stakeholders and development authorities to maximize incentives for the benefit of our clients. When needed, we also draw from the resources of our full-service government relations consultancy, Troutman Strategies.

Public finance and bond issuance can be essential for the funding of large-scale development projects. Our nationally recognized public finance team is experienced on all sides of tax-exempt bond transactions, providing our clients with unique perspective and innovative solutions. Whether our clients are onshoring new investment or are breaking ground on a new university campus, our public finance team helps clients achieve their financial goals and drive economic growth for communities throughout the U.S. Our attorneys work with every conceivable type of public finance vehicle in connection with projects ranging from health care and education to OEM and waste management.