Description
The City of Wilmington seeks a qualified consulting firm to conduct market‑feasibility and economic‑analysis services supporting its downtown master‑planning effort. The work is divided into three phases: baseline data synthesis and visioning; development of a detailed economic‑incentive toolkit, parking study, and implementation roadmap; and final adoption‑ready documentation for City Council. The consultant will coordinate closely with parallel urban‑design and placemaking teams, provide data‑driven pro‑formas, model fiscal impacts, and recommend incentive strategies for two key study sites (Northern Riverfront District and 305‑319 Chestnut Street).
• Conduct comprehensive market feasibility analysis for residential, office, retail, and hospitality uses, including benchmarking and activation thresholds.
• Lead parking inventory, utilization modeling, and scenario‑based projections; develop an amenity and incentive toolkit with financial feasibility assessments.
• Produce fiscal impact models, ROI analyses, and a phased implementation roadmap; collaborate with urban‑design and placemaking consultants to integrate findings into the final master plan.