Market Feasibility Analysis

Compass Blueprint can provide advanced economic analysis to determine the financial viability of your city's land use plans and policies and to point the way to economic development. Examining the interactions between land use codes and the development marketplace will enable you to refine your plans so that they stimulate real change on the ground and don't sit on the shelf.

The Compass Blueprint team of economic development and real estate finance experts can apply the full range of tools, including:

Development prototypes

Create a set of prototype buildings that reflect different development scenarios for your community. Experiment with different configurations of height, lot coverage/FAR, mix of uses, number of dwelling units and parking spaces, required open space and many other standards. Learn how these configurations translate into physical form and how they are likely to influence the finances of potential projects.

Return on investment analysis

Compass Blueprint has pioneered the application of proforma analyses for public-sector land use planning in Southern California. Using building prototypes along with data on local real estate market conditions, we can help you analyze a potential development project to determine how individual code standards (e.g. parking requirements, height limits) will impact a hypothetical (or real) developer's financial return. Knowledge of financial feasibility, when combined with stakeholder and public input, gives city planners a more complete picture of the development potential on a parcel, site, district or city-wide.

Economic development strategies

Analyze the development and business climate in an area, identify economic opportunities and challenges and work with local policymakers to craft measures that will encourage local economic development.