What Is a Cited Site Memo?
A cited site memo is the first-pass site read a development team should have before spending serious diligence money.
For development executives, acquisitions teams, site-selection managers, and analysts deciding whether a candidate site deserves the next diligence dollar.
The job
The site memo answers a narrow commercial question: should the team advance, hold, monitor, kill, or ask a professional lane before deeper diligence starts?
- It is not a replacement for land-use counsel, civil, traffic, utility, environmental, or geotech work.
- It organizes the public record so those professionals enter with sharper questions.
- It separates verified facts, buyer-provided assumptions, professional handoff questions, and unknowns.
What the site memo contains
Each site memo includes a recommendation, approval pathway, risk read, evidence labels, source documents, comparable outcomes, and professional handoff questions.
Why it matters
The cheap no belongs before LOI, PSA, counsel spend, utility requests, and consultant mobilization. A cited site memo gives the team a defensible first-pass read before the calendar starts burning.