Facebook, Inc. – Relocation, Economic & Fiscal Impact Study
Brion Economics worked with Peter Cheng and Kathryn Studwell of ADE, Inc. to conduct an economic impact analysis of the benefits of Facebook’s proposed relocation from Palo Alto to Menlo Park. The project studied the fiscal impacts on the Cities’ budgets and finances. Our examination of the East and West Campuses and the project as a whole was used to negotiate the Development Agreement.
We summarized fiscal and economic results so they could be presented at a community workshop at Facebook’s new headquarters in Menlo Park, at meetings with community groups such as the Chamber of Commerce, and in press releases.