AEG was retained to provide historic and future projections of the overall market, economy, and housing conditions for four Quadrants, local municipalities, and Ottawa County. This report can be used to market the housing needs of the county and will encourage further housing development…
Retail Market Strategy: Indianapolis, Indiana
Residential Market Strategy: Salt Lake City, Utah
Market Strategy: Oldham County, Kentucky
We were able to confirm solid opportunity for new condominium and single-family units with exceptional absorption rates at appropriate price points.
A private development company in Mississippi retained Anderson Economic Group to conduct a feasibility study for their proposed development of a mix of dwelling units in a Planned Unit Development (P.U.D.) near Ocean Springs, Mississippi.
Nearly two years after the devastation that Hurricane Katrina brought to the coastline, these developers and our firm were among the first in efforts to develop new low-income and market rate housing to the area. The purpose of our study was to develop an optimal strategy for development, identify the opportunity for new multi- and single-family units, determine target price points and formats, and provide anticipated absorption rates. As a part of our work, we conducted a site visit, market tour, supply and demand analysis, and a thorough inventory of the current supply of for-sale houses within the local area.
After less than two months of pre-sales, the project sold nearly every unit in the planned development.
An analysis of the economic impacts of the proposed Gun Lake Casino.
Patrick L. Anderson, Ian K. Clemens
AEG conducts market research to determine the best location for Covisint.
Retail Market Study
Sodexho USA – Bowie, Maryland
Anderson Economic Group (AEG) was retained by Sodexho USA to conduct a market feasibility study for a historic preservation building near Bowie University, Maryland. Sodexho, a food and facilities management services company, was interested in converting a historic building into a quality restaurant with southern, African-American or Soul Food cuisine.
Anderson Economic Group provided an assessment of the market conditions and likely success of the proposed restaurant. We conducted a site visit of the proposed historical building and rigorous field analyses in the City of Bowie and surrounding communities. We also performed an analysis of local demographics, comparing the proposed development’s trade area with the City of Bowie, Prince George, and Anne Arundel Counties, and the State of Maryland. Our market feasibility analysis also included a rigorous supply and demand analysis of restaurants. Using our market study, Sedexho USA was able to developed a highest and best use strategy for the historic preservation building.