Client: Richmark Companies The Richmark Companies engaged GG+A to complete a financial feasibility analysis of the proposed 4.5-acre redevelopment of the former City Market in Downtown Grand Junction. The primary purpose of this analysis was to evaluate the financial feasibility of the proposed development with- and without- affordable units (set to 80% AMI) and the… Read More

Client: City of Davis The owner of University Commons, a retail center including 105,000 square feet including a Trader Joe’s and Cost Plus World Market adjoining the campus of the University of California at Davis, proposed to redevelop the 7.81-acre site into a vertical mixed-use development featuring 265 multi-family rental housing units, 136,500 square feet… Read More

Client: City of Rancho Cordova The City of Rancho Cordova owns a vacant parcel of land of approximately 35,000 square feet on Folsom Boulevard. Adjoining the City-owned parcel is the Sacramento Metropolitan Fire District (“Fire District”) Station 61 located at 10595 Folsom Boulevard. The Fire District property includes five buildable parcels located behind the Station… Read More

Client: City of Brookfield (WI) The City of Brookfield (WI) engaged Gruen Gruen + Associates (GG+A) to conduct market research and real estate economic analysis to determine if the Brookfield Square Mall/ Executive Drive Redevelopment Area could support the amount of land use products specified in the Brookfield Square Mall/ Executive Drive Redevelopment Plan prepared… Read More

Client: Renewal Wheat Ridge The City of Wheat Ridge Urban Renewal Authority, Renewal Wheat Ridge, engaged Gruen Gruen + Associates (“GG+A”) to complete an analysis of a 6.3-acre redevelopment at 38th and Kipling and to evaluate the need for subsidies requested by the developer. The development was proposed to include a 27,000-square-foot Sprouts grocery store,… Read More

Client: Baker Development Corporation Baker Development Corporation was in the midst of renovating and adaptively reusing a 100-year-old vacant manufacturing building on 1.1 acres of land at 2017 North Mendell Street in Chicago, Illinois into 52,000 square feet of creative loft office space when it experienced unanticipated cost increases. Baker Development Corporation retained a property… Read More

Client: City of Oak Creek (WI) Gruen Gruen + Associates (GG+A) was retained by the City of Oak Creek to evaluate development proposals for Drexel Town Square and provide negotiation assistance. GG+A reviewed the development cost estimates for the proposed multi-family and retail developments; operating projections and investment parameters of the proposed developments; and prepared… Read More

Client: RDG Planning and Design RDG Planning and Design retained GG+A to assess the potential cash flow generated for the adaptive re-use program for the 24,000-square-foot Armory Building in Downtown Park Rapids, Minnesota. GG+A was also asked to identify the nature of community benefits that may result from occupancy and operation of the project. To… Read More

Client: City of Scottsdale As strategic input into the preparation of a specific plan for Southern Scottsdale, the City of Scottsdale retained GG+A to evaluate the real estate economics of existing uses and prototypical development and redevelopment alternatives under existing and potential changed or new zoning, subdivision, and other regulations governing the use of land.… Read More

Client:  City of Greeley (CO) An investor-developer owns 11 acres of the approximately 17 acres of land on 8th Avenue between the core Downtown of Greeley and University of Northern Colorado campus referred to as the “Madison” or “Maddie” Corridor.  The developer had proposed to undertake the redevelopment of the properties it owns, with plans… Read More

Client:  Village of Northfield (IL) GG+A was retained by the Village of Northfield to identify for the Northfield Road corridor the real estate economics of representative existing conditions and prototypical development alternatives given current zoning designations and alternatives to current zoning designations. GG+A drew inferences from a synthesis of the real estate economic analysis about… Read More

Client: Roseville (CA) Community Development Corporation Gruen Gruen + Associates conducted real estate economic analysis of prototypical redevelopment alternatives or potential development projects located on four sites in Downtown Roseville and prepared a report summarizing the results of the following: • An evaluation of the current real estate economics that apply to the type and… Read More