3. Market Analysis

Community Redevelopment Agency Meeting · 2026-06-15 · agenda_item

The Community Redevelopment Agency of the City of Pensacola is undertaking a market analysis for a future development project. This analysis will explore various land use, density, and mix-of-use scenarios, considering different levels of affordability, commercial activity, and public investment. The project includes financial analysis for each scenario, identifying potential funding sources like LIHTC, TIF, HUD programs, NMTC, tax-exempt bonds, and CDBG funds. Illustrative site plans, massing studies, and renderings will be created to visualize the proposed mixed-income, mixed-use community. The project is currently in the planning and review phase, with a final phased master plan to be developed. This plan will guide future entitlements, infrastructure investments, and the selection of a Master Developer. This early stage presents an opportunity for contractors, suppliers, and service providers to engage with the planning process before detailed site plans, bids, and permits are finalized. Businesses specializing in engineering, architecture, market analysis, financial consulting, and design services could find opportunities to contribute to the foundational planning and development of this community project.