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FY 2004-2005 - City of Clearwater

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C O M M U N I T Y R E D E V E L O P M E N T A G E N C Y A N N U A L R E P O R T F Y 2 0 0 4 - 2 0 0 5<br />

improvements along Cleveland Street, from Osceola Avenue to Myrtle Avenue; to<br />

prepare illustrative concepts <strong>of</strong> façade improvements to selected buildings; and to<br />

establish a “vision” for building design and character for Cleveland Street reflective <strong>of</strong><br />

<strong>Clearwater</strong>’s unique character.<br />

Four proposals were received and the Selection Committee met March 10, <strong>2005</strong> to<br />

review the proposals. The Selection Committee selected the top ranked team <strong>of</strong> Wallis<br />

Murphy Boyington Architects, Inc., Swan Development Advisors, Inc. and Wilson<br />

Miller to conduct this work.<br />

A presentation to the CRA will be made in <strong>FY</strong> 05-06. The DDB allocated $50,000 for<br />

the Façade Design Analysis.<br />

Downtown Market Study<br />

The current redevelopment activity in Downtown <strong>Clearwater</strong> is an indicator <strong>of</strong> the<br />

positive market potential for this area. However, a true understanding <strong>of</strong> the existing<br />

and future residential, retail, and <strong>of</strong>fice markets were needed in order to successfully<br />

implement redevelopment strategies.<br />

CRA staff proposed the Downtown Market Study as a joint project between the<br />

CRA and the DDB. In January <strong>2005</strong>, a RFP was released to select a consultant to<br />

complete a downtown market study. The goals <strong>of</strong> the market study were to identify<br />

Downtown <strong>Clearwater</strong>’s existing economic base; to identify the market potential for<br />

future redevelopment within Downtown; to identify opportunities for projects that<br />

would draw visitors and users from throughout the Tampa Bay region to Downtown<br />

<strong>Clearwater</strong>; to identify potential residential supporting uses for Downtown <strong>Clearwater</strong>;<br />

and to identify recommendations and next steps based on the baseline collected.<br />

Nine proposals were received and the Selection Committee met March 11, <strong>2005</strong><br />

to review the proposals. The Selection Committee selected the top ranked team <strong>of</strong><br />

Lambert Advisory, LLC and PRG Real Estate Research to conduct the work. The CRA<br />

received a draft report in August <strong>2005</strong>.<br />

Paul Lambert <strong>of</strong> Lambert Advisory, LLC made a presentation before the CRA on<br />

October 3, <strong>2005</strong>. The DDB allocated $35,000 for the Market Study.<br />

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