The role of the Market Research and Analysis Task Force is to:

• Analyze the economic and fiscal impacts of the Buckley Annex closure
• Identify economic trends and emerging opportunities
• Determine demand for residential development: home types, prices, etc.
• Determine demand for commercial development: office, retail, specialty, etc.
• Determine reuse potential for existing buildings
• Review and analyze alternative redevelopment approaches
• Review Air Force appraisal instructions and assumptions
• Review and analyze Air Force property appraisal

Market Research/Economic Development Task Force Guiding Principles:

• Leveraging existing assets will provide greater overall return.
• Product diversity promotes higher absorption rate.
• Phasing can be used to advantage for overall dynamic markets, benching and ramped investment return.
• Maximize employment and benefits to city and community.
• Market will drive the outcome.

Market Research/Economic Development Task Force Resources:

Buckley Annex Market Research Report