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MAR 29 '95 02 :55PM EHLERS & ASSOCIATES P.7 /11 <br />3.12 Identify multifamily housing sales trends within the city using sales data obtained <br />from IVMLS sold reports and the city assessor. <br />3.13 Survey general occupancy apartments and senior housing in the area and analyze <br />rental market trends. <br />3.14 Provide information on rents, turnover, occupancy, tenant profiles, traffic, etc. <br />3.15 Conduct interviews with persons familiar with housing in the Little Canada/Rice <br />Street Corridor area to provide perceptions of the neighborhood and its housing. <br />Persons interviewed will include; real estate sales agents, rental managers and <br />owners, city assessor, others (as necessary). <br />Conclusions and Recommendations. <br />3.16 Retail <br />O Assess the current demand for additional retail services in the Rice Street <br />Corridor area and the projected demand given the upgrading of Little <br />Canada Road. <br />0 Identify specific retail goods /services that are currently needed and would be <br />needed as a result of the redevelopment. <br />O Address the ability of existing centers to serve draw area customers. <br />O Suggest the types of retail development that would be appropriate, potential <br />sites, size, potential tenants. <br />3.17 Office <br />O Assess the potential demand for office space on the Rice Street <br />Corridor/Little Canada Road area. <br />O Identify types of office space that would be appropriate as a result of the <br />proposed redevelopment. <br />O Address the ability of existing office space to adequately serve the Little <br />Canada market. <br />Q Suggest the types of office development that would be appropriate, including <br />potential sites, size, and tenants, etc. <br />3.18 Housing <br />O Prioritize issues most important to the city as they undertake to maintain and <br />upgrade the housing stock in the Rice Street Corridor area and provide for <br />the housing needs of existing and future residents. <br />O Calculate housing demand for Little Canada based on the land availability, <br />reconstruction of Little Canada Road and future redevelopment objectives of <br />A-5 <br />Page 7 <br />