Downtown Market Analysis Services

The City of Auburndale, Florida, is seeking a consulting firm specialized in real estate, economic development, planning, or financial planning to conduct a comprehensive market study and economic analysis of its downtown market. The agency is trying to identify specific opportunities to redevelop the civic center site, analyze the local economic base, and determine the market potential for new businesses and residential uses. This initiative aims to guide future downtown development and unlock new market opportunities through data-driven insights. The requested scope of work covers an economic analysis that includes a supply and demand analysis, an employment inventory, a residential market assessment, and a qualitative analysis of the data. The study must focus on identifying key business and industry opportunities specifically for the redevelopment of the civic center site. Additionally, the agency requires strategies for the civic center site redevelopment, including identifying potential development opportunities, necessary code changes, marketing strategies, business recruitment and expansion opportunities, and pathways for entrepreneurship. Eligible bidders must be onshore organizations based in the United States. The agency allows the selected contractor to perform all work offsite. Bidders must submit their proposals digitally via email or through the designated online portal, and the agency is currently requesting budget proposals to establish the project cost.