| Ann Arbor Kline Lot RFP |
| Ann Arbor Downtown Development Authority |
| Ann Arbor, Michigan | December 2005 | to | April 2006 |
| Strategic Economics and JJR (a design and engineering firm) assisted the Ann Arbor Downtown Development |
| Authority (DDA) in the preparation of a Request for Proposals (RFP) to redevelop a city-owned lot in the |
| Downtown. |
| |
| Building from previous research in Downtown Ann Arbor, Strategic Economics completed a more in-depth market |
| study of the area surrounding the lot. The market analysis enabled Strategic Economics, JJR, and the client to |
| identify three alternative development programs for the site, representing various land use mixes and intensities. |
| Working with JJR to develop feasible site designs, the firm built pro forma financial analyses for each development |
| scenario in order to test the expected return to a developer of the site. The scenarios tested innovative |
| development concepts such as office condominiums and flexible ground-floor live/work/retail space. |
| |
| Following this analysis, Strategic Economics worked with the DDA to select a recommended development |
| program that will be the basis for the RFP. Strategic Economics also provided input on issues such as project |
| phasing, provisions for affordable rental housing or homeownership, shared parking arrangements, and |
| opportunities for public-private partnership. |