You have evaluated the potential for your subject site to support office, residential, and retail uses. Revisit the outcomes of each of your real estate market analyses. Where demand is present for a use, consider how including that real estate type in your development could influence the potential for the other uses. Will residents benefit from the introduction of an office building on-site? What about smaller, professional office spaces? Would office users be drawn to an area with a residential population? And, so on. Consider the percentage impact these factors might have on demand for the subject property and clearly document these fluctuations in your market analysis.(Note: Please be sure to review any relevant reports in the Case Study Resources area, if needed.)
This week, you will submit a comprehensive market analysis for Lake Forest property, including the following information:
- Executive Summary
- Introduction summarizing the property's location and site conditions
- Office Market Analysis
- Residential Market Analysis
- Retail Market Analysis
- Impact of Mixing Uses On-Site
- Conclusions (recommendations to the "client" regarding an appropriate amount and type of development that can be market-supported on the site) Prov