CSA Good City Company 01092025 - Laserfiche WebLink

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Page 34 of 65 Deliverables: • Three iterations of preliminary modifications to parcel lines overlaid on Base Maps (PDF) • Three preliminary block and street layouts as a diagram overlaid on Base Maps and parcel lines (PDF) • Three preliminary illustrated Landscape Plans (PDF) • Preliminary parking and curb management shown with notation and diagrams overlaid on Site Plans (PDF) • Three sets of digital imagery showing site plans and massing models • Spreadsheet (1) with development capacity • Preliminary Development Plan Alternatives Presentation for Private Partners and Public Partners. 5.3 Preliminary Feasibility, Phasing Analysis and Recommendations A. Preliminary Pro Forma Model EPS will provide appropriately detailed planning level financial analytics that rely on established methodologies and best practices in real estate investment. EPS will create a static pro forma model to support private partner facilitation. The preliminary pro formas will help determine the relative value per acre of land based on use and density assumptions developed in preliminary alternatives. Note that this task will be conducted iteratively and in coordination with other study elements, particularly infrastructure cost and phasing analysis. The initial findings will be updated, as appropriate to account for and inform the results from the on-going study effort. This analysis will be based on a set of interactive financial pro-forma models that simulate the development economics and investment cash-flow of each land use prototype under consideration (e.g., mixed use residential or office, hotel, stand-alone retail, etc.) The baseline budget assumes separate financial models for three different residential prototypes as well as one office and one retail prototypes (other potential land use, such as hotel, would be considered on per unit basis, such as value per room). The cash-flow pro forma model starts with detailed assumptions related to the size and configuration of individual projects and uses, including square feet (e.g., rentable versus common areas), construction type and parking formats, and other building features (e.g., green infrastructure, architectural elements). It also incorporates site or area wide assumptions related to infrastructure or other costs that may need to be shared, such as street and/or pedestrian facilities, parks and open space, and any off-site improvements. The model will be capable of testing the financial implications of changes to key parameters, such as parking ratios, density, inclusionary requirements, or market assumptions (e.g., development costs, capitalization and/or interest rates, etc.). Affordable housing needs will also be examined as part of the pro forma model, including the implications of the City’s inclusionary housing policies and the Below Market Rate (BMR) Program. If the net present value of the income stream of an existing Docusign Envelope ID: 885601F4-01B5-4FAB-A341-08EBC29876AA