A contracting agency in Georgia is seeking qualified vendors to provide neighborhood market study services, aimed at supporting neighborhood development initiatives. The neighborhoods selected for study will be determined upon contract award and will align with current strategic priorities of the agency.

The scope of work includes conducting comprehensive analyses and offering strategic recommendations such as property disposition strategies, suitable development types, marketing approaches, and consideration of potential public incentives. The vendor will assess challenges within neighborhoods, including blight, vacancy, crime rates, and infrastructure deficiencies, while also identifying existing community assets like parks, schools, community centers, and transportation links.

Additional responsibilities include analyzing market capacity for new construction or rehabilitation projects, identifying potential end-users or target developers for Land Bank properties, examining land use, zoning, and infrastructure, and highlighting key developable parcels. This service will inform and shape the agency’s efforts to revitalize and enhance targeted neighborhoods.