Analysis
of the Impact of the Arizona Tourism and Sports Authority on Cactus League
Facilities and Events Held at Bank One Ballpark - Maricopa County Stadium
District
Elliott D. Pollack and Company was retained to evaluate the impact of
the newly created Arizona Tourism and Sports Authority (TSA) on funding
for Cactus League spring training facilities and the future use of Bank
One Ballpark for non-baseball events.
Arizona Affordable Housing Profile - Arizona Department of Commerce
This study involves the development of an affordable housing profile for
every county and city in the State of Arizona. The development of an extensive
housing database is required on home sales, apartment rents and subsidized
units to evaluate each community's efforts to address affordable housing
issues. Completion of the study will involve presentations at several
housing summits held across the State.
Targeted Market Study, Apache Junction, Arizona - City of Apache Junction
Elliott D. Pollack and Company was retained by the City of Apache Junction
to conduct a Targeted Market Study to quantify the demand for home improvement
centers, major discount retailers and hospitality facilities in the community.
The study methodology included telephone surveys of residents within the
primary (Apache Junction area) and secondary (Gila and Pinal Counties)
market areas to obtain data on spending habits and how far residents were
willing to drive to obtain certain goods and services. The analysis resulted
in an estimate of the spending potential within the trade area and the
types of retail outlets that would be supported in Apache Junction.
Retail Market Analysis for 10 Acres at the Southwest Corner of McQueen
and Queen Creek Roads, Chandler, Arizona
This study examined the demand for retail uses that would be created by
growth in the Southeast Chandler area and the impact on this 10 acre site..
Retail Market Analysis for 12 Acres at the Southwest Corner of McQueen
and Riggs Roads, Chandler, Arizona (2000) This analysis examined the potential
for growth in the area immediately surrounding the 12-acre site and the
demand that would be created for retail uses.
Market Potential Study of Future Residential Developments in the Trade
Area Surrounding Prescott, Arizona
This study examined the market dynamics and forces affecting future
residential developments in the trade area surrounding Prescott, Arizona.
In addition to evaluating the economic and demographic factors affecting
the housing market in the Prescott Area, current development trends were
reviewed to identify the types of housing products that are likely to
be demanded in the future.
Commercial
Feasibility Study of the Area Surrounding Prescott, Arizona
The purpose of this study was to evaluate the current and future demand
for retail, office, and industrial uses in the area surrounding Prescott,
Arizona. This study focused on the retail uses in Yavapai County and examined
the unmet demand for various types of retail goods.
Market
Demand Study for an Apartment Community, Phoenix, Arizona - Foundation
for Senior Living
The study evaluated the demand for a proposed low- and moderate-income
housing complex (affordable tax credit) for senior and disabled citizens
in Downtown Phoenix. The report was part of an application to the Arizona
Department of Commerce for designation of the project for federal tax
credits.
Supply/Demand
Analysis of Industrial Land in the City of Mesa, Arizona
This study evaluated the supply of and future demand for industrial
land within the City of Mesa, Arizona from 2000 through 2030.
Supply/Demand Analysis of Scottsdale/Paradise Valley Hotel Market
This analysis involved developing a short term forecast for the Scottsdale/Paradise
Valley hotel sector, aimed at addressing the timing of recovery of the
market. Current occupancy levels have declined by more than 10% in the
last few years to the 63% range at the end of 1999. The study projected
a slowdown in construction of new hotel rooms and mediocre performance
by the hotel market for the next five years.
Housing Market Study, South Mountain Neighborhood – City of Phoenix
The City of Phoenix retained this firm to evaluate the competitive supply
of and demand for housing in the South Mountain neighborhood and provide
recommendations on the development potential of housing sites near 24th
Street and Southern Avenue.
Tempe, Arizona Class A Office Study
A study of the Tempe, Arizona office market, with particular emphasis
on Class A product. The study found that the metro Phoenix office market
was entering a period of overbuilding and softness in rents that would
probably last for two to three years. Elliott D. Pollack and Company recommended
an approach and strategy for developing a site in south Tempe.
Market Demand Study of Mixed-Income Apartment Project, Phoenix, AZ
The study evaluated the demand for a proposed mixed-income project with
low-income housing (affordable tax credit) and market-rate units in Downtown
Phoenix. The report was part of an application to the Arizona Department
of Commerce for designation of the project for federal tax credits.
Market Potential Study of Heritage District – Town of Gilbert, Arizona
This study evaluated the market potential of Gilbert’s Downtown Heritage
District, formerly the community’s original townsite. The analysis assessed
the current target business clusters for the area and potential for additional
retail development. The study will be incorporated into the Town’s Redevelopment
Plan for the Heritage District.
Analysis of Tax Abatement Proposal, Tempe, Arizona
This study analyzed a proposed tax abatement request for the a Tempe hotel,
office and retail development.
Market Demand Study for a South Phoenix Apartment Complex, Phoenix,
AZ
The study evaluated the demand for a proposed low and moderate income
apartment complex in South Phoenix. The report was part of an application
to the Arizona Department of Commerce for designation of the project for
federal tax credits.
Supply/Demand Analysis for a Proposed Tucson, AZ Apartment Site
This supply and demand study evaluated a proposed apartment site at Williams
Centre in Central Tucson.
Supply/Demand Analysis for a Proposed Tucson, AZ Apartment Site
This supply and demand study evaluated a proposed apartment site in the
Foothills area of Tucson.
South I-10 Corridor Office Market Study, Metro Phoenix, AZ
Elliott D. Pollack and Company evaluated the current supply of and future
demand for office space within the South I-10 Corridor in the cities of
Tempe and Phoenix.
Market Feasibility of Proposed Multi-Family Housing Site, Phoenix,
Arizona
This study analyzed population and employment characteristics within the
competitive market area surrounding the site and the demand for luxury
apartment units. The results of the study show sufficient depth in the
marketplace to support the proposed project concept.
Market Feasibility and Fiscal Impact Analysis for a Phoenix, AZ Golf
Course
The purpose of this study was to evaluate the supply and demand issues
affecting a proposed Golf Course site in South Phoenix for associated
hotel and industrial uses.
Deer Valley Airport Area Industrial Market Study
This report evaluated the demand for industrial space in the Deer Valley
Airport area of north Phoenix over five years.
Scottsdale
Airport Area Office Market Study
This report evaluated the demand for office space in the Scottsdale Airport
area through the year 2002. A significant finding of the study is that
traditional office tenants are exploring the leasing of less expensive
workplace environments. As a result, “back office” industrial buildings
are becoming increasingly popular alternatives to the traditional class
A office building.
Analysis of Ahwatukee/Foothills Area Retail Development, Phoenix, AZ
This analysis evaluated historical commercial development in the study
area and projected future demand for five years into the future.
Retail Market Analysis for a Masterplan, Phoenix, AZ
As part of a request to revise the master plan, Elliott D. Pollack and
Company evaluated the supply of and demand for retail uses in the community
and surrounding properties.
Economic and Market Analysis for a Masterplan in North Scottsdale,
Arizona
This study looked at the economic and market conditions that affected
the master planning and development of a 320-acre site in north Scottsdale.
Analysis of Issues Related to Proposed a Luxury Rental Community, Tempe,
Arizona
Research conducted to support the rezoning of an apartment site including
analysis of Police Department crime statistics.
Analysis
of City of Chandler Apartment Submarket
Analysis of the demand for apartment units in west Chandler in support
of rezoning of an apartment site.
Market
Evaluation of a Proposed Apartment Project in the Kierland Master Planned
Community, Phoenix, Arizona
Extensive market analysis was undertaken to determine the demand for a
luxury apartment project in the northeast Phoenix/north Scottsdale area.
Feasibility Analysis of Master-Planned Communities, Goodyear, Arizona
This study, commissioned by a potential purchaser of the property, evaluated
the feasibility of purchasing and further developing the project. The
study required extensive review of Lincoln Savings files, master plans,
engineering documents, construction estimates, and development agreements.
Feasibility Analysis of Rose Garden Trails, Arizona State Land Department
The Arizona State Land Department hired Elliott D. Pollack and Company
to evaluate the economic feasibility of this 127 acre site located in
the Deer Valley area of Phoenix. The project involved the evaluation of
the approved development plan, the competitive real estate market, and
other factors affecting marketing and disposition of the property.
Feasibility Analysis of the Stetson Hills Project, Arizona State Land
Department
The Arizona State Land Department hired Elliott D. Pollack and Company
to evaluate the economic feasibility of this 2,200 acre master planned
project in North Phoenix. The project involved evaluation of the master
plan, the competitive real estate market and phasing of improvements.
The Company recommended methods for marketing and disposition of one of
the largest projects in the Department's portfolio.
Projections of Real Estate Market Recovery - Maricopa and Pima Counties
The Company undertook a comprehensive analysis of all sectors to the Maricopa
County and Pima County real estate markets to determine the expected timing
of correction based on historical and projected growth patterns. The study
also included evaluation of approximately 80 real estate assets to recommend
strategies for maximizing the portfolio value and timing of disposition.
Financial Feasibility of Acquisition of 100,000 Square Foot Office
Building
This study assessed the feasibility of acquisition of the office building
based on existing market conditions and absorption rates, current and
projected lease rates, and expected timing of recovery of the office subsector.
Recommendations were provided on the terms of acquisition, leasing rates
and terms, and marketing strategies.
Retail/Office
Market Study for Fountain Hills, Arizona
The study analyzed the demand for retail and office space in Fountain
Hills and the competitive supply.
Retail
Market Study for Northeast Scottsdale
This market study evaluated the supply and demand characteristics for
retail shopping center space for the area surrounding the intersection
of Pima Road and Shea Boulevard.
Real Estate Value Appreciation Model
The Company developed a model for Maricopa County to evaluate alternative
land use strategies and economic feasibility. The model incorporated actual,
comparable transactions and economic events such as real estate market
liquidity and building activity to estimate appreciation rates. It also
examined master planned communities to determine the timing of appreciation
relative to their life cycle stage.
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