:: RERC Projects - Community Redevelopment ::

In today’s rapidly changing real estate development marketplace, the determination of a project’s success depends on the timeliness and accuracy of the data utilized during each phase of the project’s planning, development and implementation process. RERC has structured its services for real estate developers, government agencies, and investors in such a way that it can provide analytical techniques, information and advice which are both timely and thorough.

Downtown Orlando Tax Increment Projections

Client: City of Orlando, Florida

Orlando has one of the states most financially successful community redevelopment areas. As part of its funding strategy for several downtown venues, the City of Orlando envisions $60,000,000 to $70,000,000 will come from tax increment generated in Orlando’s downtown Community Redevelopment Area (CRA) which has funded some $30,000,000 in improvements over a number of years. RERC is routinely required to update its projections of this revenue to support the City’s initiatives, a task the firm first began in 1990. With the analysis provided by RERC, the Orlando CRA is one of the few in this state capable of issuing non-insured tax increment debt. [more]

Orlando Venues

Panama City Beach Downtown Entertainment District - Front Beach Road Corridor

Client: City of Panama City Beach

The Entertainment District was envisioned as one way of focusing the community’s energy in a specific area of Panama City Beach. For this project, RERC represented the City for a period of approximately six months in client developer negotiations related to a series of land exchanges and creation of a special district for purpose of implementation. Today this mixed-use project is among the area’s most visited locations. [more]

Lake Tohopekaliga Waterfront

Client: Kissimmee Community Redevelopment Agency

Real Estate Research Consulants, Inc. (RERC) was contracted by the City’s Community Redevelopment Agency to assist in preparing a development program for a 50 acre, publicly-owned site on Lake Toho. Scope of work included RFQ and RFP preparation, developer solicitation, evaluation and assistance in selection and development agreement negotiations. Development program consisted of a mix of residential, entertainment/restaurant, hospitality, park, recreational, and civic uses along with enhancements to small marina. [more]

Johnson City Development Authority

Client: City of Johnson City, Tennessee

Real Estate Research Consultants was retained to provide a market assessment and identify development opportunities along a one-mile corridor on State of Franklin Road. The corridor connects the East Tennessee State University to downtown Johnson City. The analysis included the review of existing land uses, entitlements, environmental constraints to develop a strategy for the redevelopment potential of a historically industrial area. [more]

Casselberry City Center Plan

Client: City of Casselberry, Florida

Real Estate Research Consultants was retained to provide a market overview of office, retail, restaurant and residential components of a proposed mixed use development program for the City of Casselberry CRA. The city had purchased a 20-acre site for the express purpose of creating a “village center.” Working with a planning team a concept was developed reflecting a phased development program that could meet the market demand. An RFP was prepared by the planning firm and a developer has been selected. Negotiations are currently underway to complete a developer’s agreement. [more]