News

DPFG Opens New Office in Research Triangle


Chapel Hill, N.C. -- Development Planning & Financing Group, Inc. ("DPFG") is proud to announce the opening of our newest office in Research Triangle, North Carolina. The opening of the North Carolina office will serve as an essential, regional location from which DPFG can best serve our clients and will allow us to continue to increase our presence in the Mid-Atlantic and Southeast region of the United States.

The new office will be managed by Lucy Gallo. In this capacity, Lucy will provide fiscal and economic impact analysis, real estate market analysis, cost/benefit modeling and public infrastructure finance (impact fees, tax increment financing, and special assessment districts) advisory services for urban development, redevelopment and comprehensive planning projects. With significant experience in community revitalization initiatives, Lucy has acted as a lead fiscal consultant for numerous large-scale economic development and public/private partnership engagements throughout the Southeast.

Prior to joining DPFG, Lucy served as an Associate Vice President at AECOM Economics (formerly Economics Research Associates) an international consulting group providing research, applied economic analysis, and strategic planning services to a wide range of clients. While at AECOM, Lucy helped create economic and policy framework for urban plans and redevelopment projects, real estate development initiatives, and growth and economic-development strategies.

In the course of her career, Lucy has assisted a diverse cross-section of communities, ranging from small towns and rural counties to large urban cities, with fiscal and economic analyses to evaluate important land-use planning initiatives. Regardless of the community's size, the goal of each engagement has been to address pertinent issues and concerns regarding long-term fiscal sustainability.

Lucy often collaborates with the University of North Carolina-Chapel Hill City and Regional Planning Department and the UNC School of Government on fiscal and economic impact related research, projects and publications.

"We at the firm are very pleased that Lucy has decided to join DPFG", says John Foreman, President and CEO of DPFG, Inc., "Lucy's stellar resume, experience, and analytical capabilities with regard to a wide variety of development types will allow DPFG to continue to provide innovative real world solutions to the challenges that the development community faces in today's difficult market."

Lucy's Affiliations: Government Finance Officers Association, Urban Land Institute, American Planning Association, American Institute of Certified Public Accountants, Growth and Infrastructure Consortium and National Impact Fee Roundtable.

To speak further with Lucy, please contact her at (919) 321-0232 or email at lucy.gallo@dpfg.com.