The Vendor is required to provide as-needed professional consulting services around strategic urban planning, urban design, and architecture; real estate advisory and financial analysis; and economic development services.
- Strategic redevelopment efforts can unlock new public amenities, expand economic vitality, and reinforce city role as a regional leader in innovative urban planning.
- These next few years offer a rare chance to transform vision into reality by strengthening the city’s identity while creating dynamic, people-centered places for generations to come.
- Provide as needed consulting services for the following one, two, or all three work:
• Strategic planning, urban design, and architectural services
• Real Estate Advisory
• Public Land & Land Strategy
- Consultants engaged under these contracts will serve as trusted advisors and technical resources to supplement internal capacity, working collaboratively with City staff and other subject matter experts, and bringing forward fresh thinking drawn from peer cities, professional experience, and market insights.
- Strategic Urban Planning, Urban Design & Architectural Services
• Land use planning
• Urban design analysis and frameworks
• Architectural design, review, and visualization support including diagrams, illustrative plans, 3D renderings, phasing graphics, etc.
• Assistance with city planning initiatives and special studies
• Environmental analysis for the Act
• Transportation and circulation planning
• Sustainability and resiliency strategies
• Community engagement and stakeholder processes
- Real Estate Advisory and Financial Analysis Services
A. Real Estate Analysis
• Highest and Best Use Analysis
• Appraisal Services
• Tenant Audits
• Financial modeling and pro-forma analysis
• Fiscal and economic impact analysis
• Infrastructure and capital financing analysis
• Public finance and feasibility analysis
• Market analysis including opportunities, constraints, and trade-offs
• Affordable housing finance
• Other alternative financing options, including philanthropic donation process
• Public-private-partnership (P3) structuring
• Negotiation support for development proposes
• Real estate valuation, absorption, and feasibility metrics
• Technical review of development proposals
• Real estate broker, disposition, and negotiation services
B. Public Land Strategy
• Public asset evaluation and redevelopment advisory
• Property disposition and acquisition analysis
• Support for development negotiations and deal structuring
• Real estate valuation, absorption, and feasibility metrics
• Appraisal services
• Surplus Lands Act assessment
- Economic Development Services
A. Economic Development Strategy
• Industry cluster and economic base analysis
• Downtown revitalization and commercial vacancy strategies
• Commercial Leasing strategies
• Strategic initiatives for long-term economic growth
• Data-driven planning for investment and job creation
B. Market & Demographic Insights
• Market data and economic trend analysis
• Demographic forecasting and growth indicators
• Development feasibility and economic performance metrics/ key performance indicators (KPI)
• Assessment of the business, investment, and market perception impacts of homelessness, including analysis of stakeholder sentiment and implications for economic vitality and development activity
• KPI monitoring and reports, such as foot traffic, crime, employment, and other relevant metrics and compare trends with peer municipalities to help inform strategies and policy considerations related to economic and fiscal vitality.
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