Market Analysis and Mixed-Use Development Strategy: Old Brooklyn Neighborhood, Cleveland, Ohio


The Old Brooklyn Community Development Corporation hired Anderson Economic Group to provide a comprehensive market analysis and strategy for their location in the Cleveland, Ohio region.

We began the study with a comprehensive analysis of the local and regional economies, demographics, and market trends. We also toured the market area, inventoried market supply and assessed local demand, and met with local stakeholders to gauge their views of the market and its strategic direction. We also reviewed existing planning efforts, past reports, and their current efforts, and developed a strategy to build on existing momentum and provide specific advise on the development potential for retail, housing, office space, and sports and recreational venues.

Upon completing our analysis, we prepared a final report and presentation for the Old Brooklyn Community Development Corporation. This included detailed data, custom maps of the market, specific strategies, and a concise executive summary.

Retail Market Strategy: Indianapolis, Indiana

Retail Market Strategy: Indianapolis, Indiana

Residential Market Strategy: Salt Lake City, Utah

Residential Market Strategy: Salt Lake City, Utah

Market Strategy: Oldham County, Kentucky

Market Strategy: Oldham County, Kentucky

Residential Market Strategy: Ocean Springs, Mississippi


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.

Covisint Headquarters Location Study: Oakland County, Michigan

Covisint Headquarters Location Study: Oakland County, Michigan

Interstate Commerce Clause & Taxation Analysis: Multinational Industrial Firm


Our client was one of the United States leading engineering and manufacturing companies, specialized in water and wastewater treatment and industrial processes, defense electronics and services, electronic components such as connectors and switches, and a wide range of other industrial products.

When our client sold a subsidiary that provided components to automotive manufacturers, the State of Michigan charged the firm with a very large Single Business Tax (“SBT”) liability. The SBT is a value-added tax (VAT), unique within the United States, though common in Europe and Canada. For a suit filed against the State of Michigan, we prepared a report and affidavit which described how the application of the tax in this manner would violate the Commerce Clause of the United States Constitution. For the report, we:

-Reviewed value-added taxation in general

-Reviewed Michigan’s SBT in particular

-Reviewed the past interstate commerce cases relating to taxation and state actions violating interstate commerce

-Summarized the structure of the auto industry

-Analyzed how the application of the Michigan SBT in this matter infringed interstate commerce, was contrary to the purpose of the SBT, and resulted in perverse tax treatment of this company and, potentially, many others.

Before the report was presented in court, the State made an acceptable settlement with our client, based partially on the record established by our report.

Competitive Responses to Corporate Average Fuel Economy Standards

Ilhan K. Geckil

Article in NABE by Ilhan Geckil on CAFÉ.