Octagon House Foundation, Inc. Executive Feasibility Study
Files
TR Number
Date
2025-09-05
Journal Title
Journal ISSN
Volume Title
Publisher
Abstract
Description
The Octagon House Foundation contracted with Virginia Tech from June 1 – September 30, 2025, to conduct an executive feasibility study including a market scan, a SWOT analysis based on key findings from stakeholder and case study interviews, a projection of the economic impact of visitation using IMPLAN, and recommendations. A key goal of the study is to position the Octagon House Foundation to apply for targeted grant opportunities to complete restoration of the house, finance program development, and achieve multiple proposed phases of development to include an event venue, visitors’ center, lodging and dining services.