You have evaluated the potential for your subject site to support office, residential, and retail uses. Revisit the outcomes of each of your real estate market analyses. Where demand is present for a...

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You have evaluated the potential for your subject site to support office, residential, and retail uses. Revisit the outcomes of each of your real estate market analyses. Where demand is present for a use, consider how including that real estate type in your development could influence the potential for the other uses. Will residents benefit from the introduction of an office building on-site? What about smaller, professional office spaces? Would office users be drawn to an area with a residential population? And, so on. Consider the percentage impact these factors might have on demand for the subject property and clearly document these fluctuations in your market analysis.(Note: Please be sure to review any relevant reports in the Case Study Resources area, if needed.)


This week, you will submit a comprehensive market analysis for Lakeforest property, including the following information:



  • Executive Summary

  • Introduction summarizing the property’s location and site conditions

  • Office Market Analysis

  • Residential Market Analysis

  • Retail Market Analysis

  • Impact of Mixing Uses On-Site

  • Conclusions (recommendations to the “client” regarding an appropriate amount and type of development that can be market-supported on the site)


Please be certain to address any comments offered on previously submitted elements of your submissions. Part of your grade for this assignment will be based on how well you amended these sections from your instructor's recommendations.

Answered Same DayMay 02, 2021

Answer To: You have evaluated the potential for your subject site to support office, residential, and retail...

Himanshu answered on May 03 2021
139 Votes
Executive Summary
This report comprised of comprehensive market analysis of Lake forest property. This review outlines the intent of the Environmental impact report and Overall market trends, offers an outline of the proposed
project summarizes the possible implications and mitigating steps connected with the proposed project includes an overview summary of project options, and contains the CEQA Statutes and Recommendations requirements. The market research analyses the economic patterns and tendencies in the field after analyzing the physical conditions of the region. This economic analysis's aim is to offer insight into the underlying economy, market dynamics, and potential demand for a certain form of real estate. It is necessary to consider the possible business prospects available and how these opportunities will positively affect Lake forest transformation while preparing for the future of the Lake forest land.
Introduction
Gaithersburg Square is situated in Montgomery County in Gaithersburg, MD, at the junction of North Frederick Avenue and Perry Parkway. In the next two decades, Suburban Maryland is ideally poised to continue its evolution as one of the premier metropolitan communities. The neighbourhood perks from its close centrality to many of the region's main job cores; proximity to major demand drivers such as hospitals, CPCC, and Center City offices; an authentically charming historic neighbourhood; and places that are easily walkable and engaging. The A- rating indicates that the crime rate is lower than in the average US neighbourhood. Gaithersburg is in the 81st percentile for defence, which means that 19% of cities are safer and 81 percent are more risky.
Property Report
Metro Suburban Maryland
I – 270 / Gaithersburg
The City of Gaithersburg's natural resources are under increasing strain, prompting the establishment of environmental requirements and regulations. Streams, stream valleys, lakes, woodland, and trees are valuable physical, aesthetic, cultural, leisure, and economic assets to the City whether they are protected and retained in their natural state. Increases in ground surface susceptibility may have a substantial impact on the City's stream networks by altering natural stormwater...
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