25A - AGMT - ED PLAN - Laserfiche WebLink

Home Browse Search

2. RELATED EXPERIENCE RSG's consultant team has extensive experience working on real estate performance, pro forma analysis, development feasibility, demographic trends, retail leakage, and implementation efforts that capitalize on strengths and reduce barriers. Over the past 35 years, RSG has analyzed nearly $50 billion in real estate development projects, developed numerous trend analyses, tracked and projected market demand, and maintained a progressive outlook on local economics, including the shift from sales -tax driven efforts to economic rainforests that are dynamic and interconnected despite municipal boundaries. CONSUMER ANALYTICS AND RETAIL MATCHING STUDY - CITY OF SAN GABRIEL As the oldest settlement in the greater Los Angeles area, San Gabriel has been a city of transformation for 200 years. Currently a true melting pot, the city boasts functioning three -story retail that is home to high -end jewelry stores, dozens of massage parlors, some of the most renowned Chinese restaurants in the state. Other traditional real estate anomalies abound, with land values often far in excess of supported rents, and not a Starbucks in sight. The City engaged RSG to help understand what was happening in the retail real estate marketplace, and strategically move forward with retail attraction and business development that made sense to this unique community. RSG conducted thorough research on the current market conditions in San Gabriel identifying retail spending patterns, leakages by product type, and related demographic trends. This assessment was supported by a series of pro formas identifying the financial implications of changes to properties or buildings as needed. A windshield survey of the existing retail centers and conditions in the city was also performed to identify characteristics such as size, ownership, parking, tenants, quality, zoning, and other pertinent items. Coupled with community outreach and an external marketing strategy, the City is ready to move forward with a progressive new image and development outlook that builds upon its strengths of density and diversity. Contact: Camille Paton, Community Development 626.308.2800 RSG Staff: Alexa Smittle, Jane Carlson, and Dima Galkin ECONOMIC DEVELOPMENT CONSULTING SERVICES - IRWINDALE RSG completed a five -year economic strategic plan for the City of Irwindale in 2011 after a year -long development process involving long- range, comprehensive market research and analysis, and intensive business stakeholder interviews and outreach meetings. Research and data results indicated that "economic gardening" was an appropriate strategy in Irwindale. Economic gardening is a growing trend in local government that prioritizes caring for and feeding existing businesses in the community as well as 25A -10