Identifying Business/Economic/Community Development Opportunities
Order Description
If needed add more pages, you may. Please let me know. Thanks. Also, when you use tables/ charts
from spreadsheet , please send spreadsheet (excel) to me as well so I can easy edit if anything.
U.S. Census data can be found on https://www.census.gov/data.html
USE PALM BEACH COUNTY PROPERTY APPRAISER (Florida). https://www.pbcgov.com/papa/
Assignment 4: Identifying Business/Economic/Community Development Opportunities Introduction In
this assignment, the student is supposed to find a piece of vacant parcel (or multiple contiguous
vacant parcels) or a vacant building/building complex in a local community and identity the
potential development/redevelopment scenarios. Study Area You can use the parcel GIS data, local
MLS listing for land sale, Google, or personal knowledge to identify a piece of vacant parcel (or
multiple contiguous vacant parcels) for a local community to complete your assignment. The parcel
(s) should NOT be within a large residential development subdivision. Instead, isolated parcels, or
parcels with differential zoning requirements from the surroundings, will be a better option for
this assignment. Alternatively, you can identify any vacant building/building complex that you
think redevelopment is imperative. Then proceed to Tasks to gather some basic information about the
study area and its context. Tasks 1. Use Business Analyst Online https://bao.arcgis.com/esriBAO/ to
gather some demographic and economic information within the 15-minute drive time of your study
area. 2. Use Business Analyst Online to conduct research on various market potentials within the
15- minute drive time of your study area. 3. Use Business Analyst Online to identify leakage and
surplus of industries/businesses within the 15-minute drive time of your study area. 4. Use
Business Analyst Online to identify consumption patterns within the 15-minute drive time of your
study area. 5. Then comprehensively determine the best business/economic/community development use
of the parcel(s), or the best adaptive reuse of the vacant building/building complex. If there are
multiple parcels with different owners, pay attention to land assembly issues. State whether you
will demolish or preserve the building/building complex. 2 Submission Your assignment should follow
the similar structure and formatting requirements as in Assignment #1 and #2, including a cover
page, Table of Contents, List of Tables, List of Figures, Executive Summary, main body of the
report, references, etc. Include at least the following in your report: 1) Demographic
characteristics, economic conditions, market potential, industrial leakage and surplus, consumption
patterns, and other criteria to identify the development/redevelopment potentials. Present only the
information relevant to your scenario(s). Carefully coordinate the selection of charts, tables, and
texts in presenting your materials. 2) Lay out the development/redevelopment scenario(s). If you
have multiple scenarios select the best one based on a quick back-of-the-envelope comparison. The
detailed feasibility study of the best scenario will be in Assignment 5. Briefly describe your best
scenario in terms of the use/reuse of the site and building(s), and site and building design.