:: RERC Projects - Public - Private Initiatives ::

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.

Gaylord Palms Hotel

Client: Gaylord Entertainment, Florida

RERC provided the client with the baseline economic impacts by which a negotiated infrastructure agreement was approved with Osceola County, Florida. The result was a $35 million public incentive package that enabled the project to be financed. Development included a 1,400 room hotel and 500,000 square foot meeting/convention center at a development cost of $400 million. [more]

Broward County Government Complex

Client: Broward County, Florida

Working with other consultants, Real Estate Research Consultants (RERC) helped assemble and draft a redevelopment strategy for Broward County’s Central Government complex located in downtown Ft. Lauderdale. The plan, envisioned as a major public/private effort, would have resulted in the redeployment of excess county lands as well as the relocation of several key facilities. Generally, the plan envisioned the generation of private investment and taxes sufficient to replace or offset substantial portions of the capital costs associated with rebuilding some 35,000 SF of space dedicated exclusively to government activities. [more]

Orlando Naval Training Center

Client: City of Orlando, Florida

Beginning as a naval installation, Baldwin Park has become the model for virtually every facility targeted for closure and disposition by the United States Navy and is is among the nation’s most successful and copied neo-traditional projects. The multi-disciplined consultant team tasked with developing and implementing the Business Development Plan for the project was headed by Real Estate Research Consultants. The scope of services included appraisals of all the base properties; estimating the needs for new or enhanced infrastructure; identifying the character and costs for new roadways; estimating the costs to demolish unusable buildings or infrastructure; preparing phasing plans and financial pro formas; and determining the project’s impact on the city’s services costs and revenues. [more]

Community Maritime Park

Client: Community Maritime Park Association/City of Pensacola, Florida

Community Maritime Park is among the largest redevelopment initiatives ever proposed for the City of Pensacola. Beginning with a referendum in the Fall of 2006, the City allocated an initial $2,000,000 in funding for this 35 acre project. It will bring the City closer to the waterfront by providing a gathering place at the edge of the gulf which combines recreation, sports, and commercial uses. Real Estate Research Consultants was selected by the City and its affiliated entity CMPA to identify, recruit, select, and negotiate with private developers to achieve the plan vision captured during a community planning process started several years ago. The park’s total investment is expected to involve some $100,000,000. [more]

Panama City - Bay County International Airport

Client: Panama City - Bay County International Airport

Real Estate Research Consultants (RERC) advised the Airport District on market conditions and strategy regarding the disposal of more than 700 acres of bay front land and on the market realities of redeveloping the existing airport property to support the development of a new international airport complex in Florida’s panhandle. RERC involvement included a market assessment, development of a request for qualifications/request for proposals from third parties to purchase the property, and particiaption in the evaluation of proposals. [more]