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Packet 20250721
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Last modified
9/16/2025 10:01:31 AM
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9/16/2025 10:00:44 AM
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CM City Clerk-City Council
Document Date (6)
7/21/2025
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KOSMONT REALTY | 10 <br />DEVELOPER UNDERWRITING – LOCAL MARKET FACTORS <br />Developers evaluate a multitude of factors when choosing where to develop including: <br />Sufficient rent and sales values and positive growth trends <br />Proof of absorption and performance of similar product type <br />Competitive projects in pipeline (supply) <br />Demographic patterns such as population and income growth (demand) <br />Proximity to employment centers and schools <br />Quality of physical infrastructure and neighborhood amenities <br />Easy access and transportation options <br />Resident readiness and appetite for new development
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