REQUESTFORQUALIFICATI ONS Building a Tactical Revitalization ...
REQUESTFORQUALIFICATI ONS Building a Tactical Revitalization ...
REQUESTFORQUALIFICATI ONS Building a Tactical Revitalization ...
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AKRF PROJECT EXPERIENCE<br />
education, career, and other factors to determine the most likely type of visitor to the center. GIS was also used to complete<br />
several thematic maps, some in 3D, to display results to developers.<br />
ALTERNATIVE ENERGY RESEARCH AND DEVELOPMENT PARK FEASIBILITY ANALYSIS<br />
In March 2005, Destiny USA announced plans to build a one-million square<br />
foot R&D center in Salina, New York, at the crossroads of Interstate 81 and<br />
the NYS Thruway. AKRF examined the economic benefits of locating two<br />
major R&D clusters in upstate New York. The goal of the project is to improve<br />
economic conditions in the upstate region, accelerate commercialization of new<br />
technologies, and reduce dependency on foreign oil and fossil fuels. The firm<br />
analyzed qualitative location decision factors relevant to R&D clusters, such as<br />
university presence, infrastructure, and support services, and identified suitable<br />
locations for two high-tech clusters near concentrations of universities and<br />
existing R&D facilities along the New York State Thruway corridor.<br />
AKRF projected R&D cluster development cycles and rate of growth by assessing other successful R&D clusters and<br />
the educational, infrastructure, and lifestyle assets of upstate New York. AKRF also provided recommendations for<br />
incentivizing the developments by purchasing technological innovations at fair market value.<br />
FISCAL IMPACT ANALYSIS<br />
As part of the economic benefit analysis for the proposed R&D center, AKRF helped model the potential new employment<br />
and projected tax revenues that would be generated by the facility. AKRF projected employment in relevant high-tech<br />
Standard Industrial Classification (SIC) codes, demand for new housing, and potential fiscal impacts for the State and local<br />
municipalities through increases in commercial and residential property taxes, personal income taxes, and sales tax that<br />
would be generated by the new R&D workforce. The firm was responsible for the preparation of the final report and led the<br />
team that presented the results to the client.<br />
LONG BRANCH FERRY PIER, LONG BRANCH, NJ<br />
AKRF’s Economic and Real Estate Advisory Services practice conducted a<br />
market analysis for potential commercial development on the new pier including,<br />
restaurant, retail, entertainment and cultural venues. The scope of work<br />
included: establishing trades areas to identify potential customers, conducting<br />
market supply and demand analysis for potential commercial uses including<br />
demographic analysis of consumer spending characteristics, recommending the<br />
development program and square footage for proposed uses, and preparing pro<br />
formas to analyze the financial feasibility of development options.<br />
Proposal For Capitalize Albany Corporation<br />
RFQ for <strong>Building</strong> a <strong>Tactical</strong> <strong>Revitalization</strong> Plan for Downtown Albany, NY<br />
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