A Municipal Transportation Agency wanted to determine the most appropriate uses of a site that maximized estimated land values in California.  The assignment asked for a proforma analysis for the highest and best use of a site atop a newly constructed subway station in the City.  The response considered market, development cost and financing structures for residential, office and hospitality uses at the property.  Once the physical characteristics for the property were determined, the team analyzed the market demand for each use, assessed market land values for comparable projects, estimated construction costs including the issues of building over the public infrastructure of a subway station and rolled all of the assumptions into a development proforma including exit strategies and prevailing CAP rates.The agency received an independent analysis and a comparative document that evaluated the development potential and related land values of the property.

Contact Us

For more information please send us an email and we'll get back to you, asap.

Not readable? Change text. captcha txt

Start typing and press Enter to search