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SCENARIO PROS CONS Level of Effort <br />FOR SALE SIGN: <br />Find a master <br />broker/developer to figure it <br />all out <br />Cheap and easy <br />Can start immediately <br />Less control of outcomes <br />Potential longer lead time <br />Less net revenue Low <br />BASIC INFRASTRUCTURE: <br />City installs sewer connection <br />Maximum flexibility <br />Catalyzes first stages of <br />development, suggests phasing <br />Some up-front costs and rail <br />coordination needs Low/Mid <br />MEDIUM INFRASTRUCTURE: <br />City installs the sewer and <br />main roadway <br />Ensures basic infrastructure fits <br />Further sets the table for <br />developers, defines areas <br />Up-front costs <br />Could misjudge the market and <br />need to rework improvements Mid <br />STAGED ROLLOUT: <br />The site is platted and <br />packaged with infrastructure <br />Makes more sites available for <br />more developer types, provides <br />infrastructure efficiently <br />More up-front costs and <br />considerations, less flexibility for <br />scenarios <br />Mid <br />CITY AS DEVELOPER: <br />The City and staff are hands <br />on throughout the entire <br />development process <br />Most control and options Much more resource intensive <br />and costly <br />Need to be in tune with market to <br />work <br />High <br />Implementation Scenarios