SERVICES | MARKET AND FEASIBILITY ANALYSIS
Market analysis and financial feasibility studies transform market and financial data into projections that help private companies and public entities in determining the viability of a proposed development project. Commercial and industrial market analysis enables communities to identify opportunities for growth based on a host of economic and demographic data. These opportunities can be critical elements in the public investment, land use and redevelopment decision making processes.
City of Painesville - Downtown Market Analysis - As part of an economic development strategy, Camoin Associates conducted a market analysis to assist the City in identifying opportunities for business attraction, retail development, as well as commercial and industrial expansion. The market findings were used to guide office, industrial, retail and community development goals and initiatives.
City of Glens Falls - South Street Revitalization - The South Street District is a two block gateway to downtown Glens Falls. This historic neighborhood, often called the "Street of Dreams," was once a prominent part of downtown Glens Falls. Over the past few decades however, the neighborhood has suffered from disinvestment and decline and now features high commercial vacancy rates and deteriorated residential units primarily housing low-income residents. As part of a state-funded grant award, City officials hired Camoin Associates to assess development potential and the feasibility of specific redevelopment options within the South Street District, formulate a vision statement to guide future investment in the neighborhood and develop a plan of action for the City to stimulate investment in the area.
City of Lockport - Downtown Development & Marketing Strategy - The City of Lockport utilized the services of Camoin Associates and Wendel Duchscherer Architects and Engineers to develop a downtown revitalization and target marketing strategy that capitalized on the Erie Canal and other local attractions. Market research findings and recommendations were included in a larger development strategy that addressed downtown market positioning and branding, as well as several action items designed to support the recruitment of new, and the expansion of existing, businesses to the area.
Town of Suffield - Mixed-Use Market Analysis, Feasibility & Impact Analysis - Camoin Associates helped the Town of Suffield develop a market-driven, financially feasible redevelopment concept that will benefit the current property owner, potential developer, and Town taxing jurisdictions.
City of Port Jervis - Downtown Market Analysis - Camoin Associates worked with the City of Port Jervis in assessing the trends, conditions and key factors impacting its downtown marketplace. Through an analysis of trade area characteristics, consumer trends and local retail market characteristics, Camoin Associates identified potential commercial opportunities that would position the City's downtown as a vibrant retail center.
City of Rome - Redevelopment Scenario Pro Forma - As follow up to the market analysis completed for the City of Rome Brownfield Opportunity Area, Camoin Associates developed a pro forma for a possible redevelopment of an old hotel into a mixed use project in the Little Italy neighborhood. The City of Rome used Camoin Associates' finding to market the building to possible developers.
City of Painesville - As part of an economic development strategy, Camoin Associates conducted a commercial and industrial market analysis to assist the City in identifying opportunities for major business attraction and the possibilities of commercial and industrial expansion. The market findings were used to guide office and industrial development goals and initiatives.
Village of New Albany, Ohio - In preparation for the Village's economic development strategy, Camoin Associates conducted an office & industrial market trends analysis to help them determine how best to meet the needs of prospective businesses. The analysis included looking at growth in various employment sectors to determine the expected demand for office and industrial space over the next 10 years and helping the Village to best attract businesses to the area.
City of Johnstown - The City of Johnstown, located in Fulton County New York, received a grant from the New York State Brownfield Opportunity Areas (BOA) Program to conduct a pre-nomination study for a proposed 500 acre area in and around the site of the former Karg Brothers Tannery on the northern end of the City. The BOA Pre-nomination Study examines potential brownfield sites and the surrounding residential, commercial and recreation areas to analyze the potential reuse of the sites in an effort to revitalize old industrial districts. Camoin Associates participates in these studies by analyzing the current market, existing conditions and changes in the demographics to determine the best redevelopment scenario.
City of Cedar Hill, TX - Office Space Market Analysis - To determine the feasibility of an office park development in the City of Cedar Hill, Camoin Associates analyzed the City's existing competitive advantages and potential disadvantages in competing with surrounding communities for business attraction. .