Real Estate Economics

Development Research Partners prepares strategic market data and analysis for prospective real estate development and public-private partnerships.

Recent Projects include:

Community Brownfields Foundation Case Study: Yankton Riverfront Redevelopment

April 2011

Yankton is a community of roughly 14,500 people located along the Missouri River on the border of South Dakota and Nebraska. On the approach into town was the Jensen Scrap Yard, a fixture of the community since 1948. Years of salvage operations created several potential health concerns and environmental hazards. The City of Yankton partnered with several organizations, including the U.S. Environmental Protection Agency and the South Dakota Department of Environment and Natural Resources (South Dakota DENR), to identify the hazards and clean up the property. This case study quantified the value of the property clean-up and the current business operations on the site to the city and state.

Community Brownfields Foundation Case Study: Field of Dreams Complex Redevelopment

May 2011

Parker is a small agricultural community in Turner County, South Dakota, about 25 miles southwest of Sioux Falls. On the north edge of Parker along Highway 19 is a former gravel mining site that was once owned and operated by the state of South Dakota. The gravel mining operations created concern in the Parker community over the ability of the property to be developed because of potential environmental hazards associated with the operations. Through a partnership with the South Dakota Department of Environment and Natural Resources, Parker was able to assess and clean up the site and build a large sports complex for the community. This study estimated the local impacts of the construction activity on jobs, payroll, and construction spending.

Englewood Quarterly Real Estate Report
First Quarter 2000 - Fourth Quarter 2009

This quarterly report detailed market trends in the Englewood, Colorado housing, office, industrial, flex, and retail markets.

Eastlake Station TOD Market Study
August 2008

Commuters in the City of Thornton will soon have the option to travel by rail. The North Metro Corridor that will pass through the City of Thornton is one of the new rail corridors included in the Regional Transportation District’s FasTracks plan, a comprehensive plan for the design and construction of high-quality transit service and facilities in Metro Denver. The City of Thornton coordinated the development of a master plan to help ensure that new development in the Eastlake Station area functions well as a transit stop and fits with the surrounding area. Glatting Jackson Kercher Anglin prepared the master plan for the Eastlake Station area. As part of this effort, Development Research Partners provided a real estate analysis to quantify the residential and nonresidential development and redevelopment opportunities within the station area.

Colorado Brownfields Foundation Case Study: The Neighborhood Building in Westminster

April 2008

The Neighborhood Building is part of the Harris Park Historic area in Westminster, Colorado. In 1997, the City of Westminster targeted the Harris Park area for redevelopment along with other areas in the southwest part of the city that had become dilapidated and underutilized. The on-going revitalization of the Harris Park area will create a mixed-use development blending residential, retail, and other commercial spaces while maintaining the historic integrity of the neighborhood. The Neighborhood Building is a catalyst project towards this goal. The Neighborhood Building case study highlights the public-private cooperation and investments that were necessary to overcome the financial and environmental hurdles hindering the project's development.