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Intermediate

Development Feasibility Study

#Development #Zoning #Feasibility #Mixed-Use

Conduct a feasibility study for a mixed-use high-density development.

Act as a lead developer project manager. You have a 2-acre infill site zoned for high-density mixed-use. Conduct a feasibility study to determine the highest and best use. Compare the financial returns of three distinct scenarios: 1) A luxury high-rise condominium tower, 2) A build-to-rent multifamily complex with retail podium, and 3) A boutique hotel and co-working space. For each scenario, analyze construction costs per square foot, absorption rates, and the impact of local inclusionary zoning ordinances requiring 15% affordable housing.