Project Scope:
As senior development planner of
Louis Berger & Associates in Anchorage, Alaska, Jim Pedersen
managed and carried out an assessment of potential development
options for some 85 acres of land having residential and
commercial development potential.
The study forecasted local
residential and commercial demands by projecting anticipated
employment, population, and housing unit requirements, which
were to be generated by four new economic projects and moderate
community growth. Forecasts of future housing unit requirements
were compared with calculations of potential residential and
commercial construction activity in the Seward area to determine
unmet residential demand. The demand for commercial floor space
was determined through the forecast of potential secondary
employment and the development and application of appropriate
floor area ratios. Based on these early assumptions of general
development potential, several project development and
investment options were identified to the client, Alaska Chugach
Natives, Inc. |