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REPRESENTATIVE PROJECT EXPERIENCE Fiscal & Financial Services · Annexations & Incorporations · Real Estate Market Research ECONOMIC ANALYSIS CITIES Agoura Hills General Plan Update As lead consultant, we provided a socio-economic analysis for the City of Agoura Hills, including population and demographic characteristics. As part of the City’s update of their land use element and circulation element, we provided a summary of current market trends for commercial and residential real estate within and adjacent to the City. This study was used to assist the City in formulating market-responsive land use alternatives for the GPU.
Calabasas In-Lieu Fee Study for Residential and Commercial/Industrial Development In coordination with Karen Warner Associates, we prepared an affordable housing in-lieu fee study for commercial/industrial development within the City of Calabasas. This analysis resulted in a recommended in-lieu fee structure for consideration by the City Council. Claremont General Plan Update Economic Development Analysis As part of a General Plan update team for the City of Claremont led by Hogle-Ireland (formerly EDAW), we prepared an economic development analysis which targeted economic opportunities that were compatible with the City’s vision framework. We identified existing demographic and economic conditions as they related to the City’s ability to promote economic vitality. For this analysis, we organized focus groups consisting of local business owners and representatives and subsequently conducted a mail-out survey to include their perspectives, insights and opinions about citywide economic issues as well as selected target development sites.
Corona General Plan Update On a project team with EIP Associates (now PBS&J), we prepared the economic development and fiscal analysis of the City of Corona’s General Plan Update. We also prepared a baseline socio-economic conditions and trends report that assembled existing population, housing, employment and market absorption data. Corona Specific Plan and EIR for 50-Acre Industrial Site We completed a highest and best use analysis and a fiscal benefits analysis for the former Johns Manville Site in the City of Corona. The key issue was to identify a mix of feasible land uses, including retail office and hotel development instead of an all retail development that was originally proposed. Cypress General Plan Update On a project team led by RBF Consulting, we prepared Economic Development analysis for the City of Cypress General Plan Update. The analysis was built upon existing surveys and public documents, including policies developed from previous studies. This work was supplemented by additional economic base research.
Glendora Economic and Market Analysis of the Route 66 Corridor On a team led by RBF Consulting, we prepared an assessment of the market conditions influencing growth and change along the Route 66 Corridor in the City of Glendora. We projected the various sources of retail demand and their supportable square footage from local households and employment, local college students, faculty and visitors and potential tourists attracted to the Corridor. Hawaiian Gardens Economic Trends and Conditions On a project team with Hogle-Ireland, we prepared an economic trends and conditions report for the City of Hawaiian Gardens. We also assisted in preparing an economic goals and policies discussion paper that addressed the City’s sources of revenue demand, including the local residential population, drive through visitors along major arterials and visitors to the gaming and entertainment facilities within the City.
Hawthorne, Ocean Park Village Economic Impacts On a project team with HDR Engineering, we prepared an urban decay retail impact analysis of a proposed commercial component of the Ocean Park Village. We evaluated the economic impacts focusing on the potential for urban decay individually and cumulatively with other existing and proposed commercial projects in the marketplace. We determined the amount of general merchandise, value-oriented retail space that would be supportable under existing and future growth conditions and whether the proposed development would adversely impact existing competitive stores and lead to a substantial long-term increase in retail vacancies.
Hawthorne, Market Feasibility Study On a project team with the Arroyo Group, we prepared a market feasibility study for the Hawthorne Boulevard Specific Plan corridor encompassing a two-mile stretch of Hawthorne Boulevard. Being a main arterial, through Hawthorne, the City was concerned about the decline in business activity and the economic impacts of the recent Hawthorne Plaza Mall closure. We examined the City’s role in the broader regional economy and addressed the competitive economic capture potential of Hawthorne Boulevard. JPL Economic Impact Study For the Jet Propulsion Laboratory in Pasadena, we prepared a study of the economic value the research and development organization has had on the California economy. This included an estimate of the effect of direct, indirect and induced economic growth that results from JPL’s development activity. We also assessed the role of science and technology in generating spin-off economic growth and the multiplier effects on jobs and household income in the southern California economy.
Palm Springs General Plan Update On a project team with The Planning Center, we prepared an economic and fiscal analysis of the City of Palm Springs General Plan Update. We analyzed the economic conditions and trends including socio-economic characteristics of the City. Our fiscal analysis of the preferred plan identified key fiscal issues as well as accounted for private development on Aqua Caliente Indian owned lands, particularly those located adjacent to the Downtown.
Pomona General Plan Update and Master EIR As part of a General Plan and Master EIR team led by Dyett & Bhatia, we prepared an economic trends analysis and prospects for future growth. We also addressed retail development potential for the downtown core and the City’s older strip commercial corridors. Finally, a fiscal analysis was prepared that showed the potential benefits of alternative land use plans. Rancho Cucamonga General Plan Update and EIR On a project team led by The Planning Center for the City of Rancho Cucamonga, we completed an economic development analysis and fiscal study for the General Plan update. We analyzed the various revenue sources and city service costs for General Plan land uses and prepared a market analysis that reflected potential changes in retail or industrial zoning.
San Bernardino City Comprehensive General Plan Update On a project team with The Planning Center, we analyzed the economic development potential to identify key target industries that the City of San Bernardino would likely attract. We focused on market conditions, non-residential absorption rates and taxable sales performance of existing retail shopping centers. In addition, we assisted City staff with the preparation of economic goals and policies for the Economic Development Element.
San Buenaventura Market and Fiscal Analysis For the City of San Buenaventura, a community bordering waterfront areas, we prepared an economic development analysis that identified target opportunities to expand and diversify the City’s economic base. We also prepared a fiscal analysis to identify opportunities to maximize public revenues. San Diego Economic Benefits Analysis of 619 Kettner Site In association with Sara Isgur Associates, we prepared an economic and fiscal benefits study of a proposed land use change for a parcel located in downtown San Diego. We presented a highest and best use analysis of the site for four potential land use scenarios. We developed pro formas that estimated the residual land value for four development configurations which included varying combinations of single family residential units, retail uses, timeshare units and hotel condominium units. The purpose of our study was to show the economic return to the developer of the various land use alternatives.
San Manuel Band of Mission Indians Airport Analysis, Economic Strategy Paper In association with Waronzof Associates, we prepared a strategy paper for the San Manuel Band of Mission Indians in order to maximize their value for the E parcels located on the northern section of the San Bernardino International Airport (SBIA). Residual land values were estimated for light industrial land within the market area and then strategies were discussed by which the San Manuel Band of Mission Indians might maximize the value of the E parcel through either a land sale or land exchange with the SBIA Authority for like parcels outside the airport property. Simi Valley General Plan Update On a General Plan team with PBS&J, we have provided economic and demographic growth projections for population, households and employment for the City of Simi Valley. We also prepared a retail leakage analysis comparing the retail sales capture of different categories by local retailers with the household expenditure power of local residents. We also prepared an economic issue paper to identify potential economic policies that would lead to a strong local economy and generate sufficient public revenues commensurate with a high quality of public services.
COUNTIES Los Angeles County Housing Infill Study For the Los Angeles County, Department of Regional Planning and funded by the Southern California Association of Governments (SCAG), we worked with the UCLA Center for Neighborhood Knowledge to examine the potential for housing on industrially and commercially zoned parcels in unincorporated County areas. A particular challenge was to determine the amount of industrial and commercial land potentially available for reuse and infill opportunities. The study also looked at the types of industries, including “green” technology companies that might locate in the older industrial areas. Kern County Centennial Specific Plan Occupation and Jobs Housing Analysis For Centennial Founders, we prepared a Jobs/Housing Affordability Analysis to determine the employment generating potential of various land uses. We translated the jobs into occupations and wages and presented the range of home values that could be afforded by these wages. The proposed project included residential, community serving commercial, business park/research and development and public facilities. Madera County District Fair Master Plan Market Analysis On a project team with Stantec Consulting, we prepared an economic feasibility analysis for retail development on a portion of the County of Madera District Fairgrounds. Each commercial land use option was evaluated in a Highest and Best Use context to estimate the potential lease revenues to the California Construction Authority. This was followed by a revenue analysis to estimate other major public revenues, including: sales taxes and hotel occupancy taxes. We also surveyed examples of successful fairground development in California. Riverside County, Transportation and Land Management Agency, General Plan Update In preparation of a new Riverside County General Plan led by Sverdrup Engineering and The Planning Center, we prepared the fiscal and economic analysis portions of the Plan. Our work included testing the fiscal impacts of the General Plan land uses at the countywide level plus six sub-regions. This work involved the application of a computerized fiscal model developed and transferred to the County of Riverside. We also prepared background socioeconomic data and market projections for the twenty County Area Plans.
San Bernardino County General Plan Update On a general plan team with URS Corporation, we provided economic and public finance services that included socio-economic trends and forecasts, fiscal impact considerations. We also provided assistance in preparing an Economic Development Element. This helped guide the planning process in the direction of implementation.
STATE AGENCIES Caltrans Economic Analysis We assisted Caltrans with an economic analysis related to their acquisition of properties along the 210 Freeway generally falling within the Cities of Fontana and Rialto. We analyzed the urban concentration of population and employment along three selected East-West transport corridors for comparison purposes. The objective was to establish the comparative value of properties that were being purchased for the 210 Freeway right-of-way.
Caltrans District 7 Storm Water Facilities Retrofit Evaluation Economic and Financial Analyses We prepared the financial component of a statewide study for Caltrans on a project team led by RBF Consulting. The study analyzed the financial impacts of alternative storm water runoff treatment systems. The Los Angeles municipal NPDES permit area was covered in Phase 1. Expansion of the analysis to the statewide-urbanized areas was covered under Phase 2.
Fiscal & Financial
Services · Annexations & Incorporations |
