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I I This task would represent the final product of the consultant team should the • Economic Development Commission select a minimal scope of services for this project(refer to Project Schedule). Task Products: • A series of three alternative redevelopment scenarios will be prepared to illustrate available land use and urban design options for the corridor. Written text will accompany the scenarios. 111 • One presentation will be made to the Economic Development Commission. Client Responsibility: The Economic Development Commission, ected=iaiidL Q vy�ners and City staff will assist the consultant team in identifying specific issues, 1111 opportunities and constraints based upon the consultant's initial analysis. Staff will review the products of the consultant team for any inconsistencies. Mctmds iswwili;ass#ritt"5doifnating e iig w f.E2Gted propert r-owners. n�vr z eynnay-contributeIQT.d_evelopment:o iE sdenanos Mounds View staff will secure a facility appropriate for conducting the necessary meetings. Task 5: Market Overview (optional task) Objective: This optional task will provide a general understanding of real estate market activity, trends and conditions and private development interests available to Mounds View. Discussion: The consultant team will conduct research, compile information and develop a summary of market activity within and around the City in order to: fY • Identi existing developments; • Identify market perceptions,needs and opportunities; • Identify market characteristics for determination of market potential; • Identify and quantify area competition within the trade area and define type and pace of office, retail, service and industrial development; 111 • Identify attractors that could hold potential for the creation of a special 111 identity for the corridor. I SRF Consulting Group,Inc. 10 110 Section 9 Redevelopment Plan Highway 10 Corridor L