Concept Screening Summary
> -- Strategy passes the screen for further evaluation

Ca

nd
Co
mm

iss
ion

lts

FTA

Int

Sep

t. 2
01
1M
od
el R
esu

n.
erv
iew
s

&S
urv

ey

(Ja

esu
lts
10
Mo
de
lR
l 20
Fal

Re
vi e
w

20
11
)

X -- Strategy does not pass the screen

Initial Net Shed Analysis
Replace all net sheds as new single-use bldgs

X No cost recovery

Replace net sheds with high-revenue use above

X No cost recovery

Replace all net sheds into single-use two-floor bldgs

>

>

to create real estate
X Intended
for new high-return uses.

Suggested New Uses

Covered work areas

Covered net repair

Farmer's Market Stalls

>
>
>

?

utilization in question, survey @
10% of respondents willing to
pay to use > 3X per year

?

utilization in question, survey @
6% of respondents willing to
pay to use > 3X per year

>

?

utilization in question, survey @
8% of respondents willing to
pay to use > 3X per year

in conjunction with
? mostnewviable
office development

>

>
>

>

X
finding of low utilization
including survey @ 8% of
respondents willing to pay to
use > 3X per year
finding of low utilization
including survey @ 6% of
respondents willing to pay to
use > 3X per year
finding of low utilization
including survey @ 12% of
respondents willing to pay to
use > 3X per year
finding of low utilization
including survey @ 12% of
respondents willing to pay to
use > 3X per year

Wash down facilities

>

X

Smokehouse

>

X

Cold storage

>

X

Large scale ice machine

>

X

Conference center

>

>

>

Status quo treatment of all upland buildings

>

>

to find reasonable use of
X Unable
C9; similar situation for C12

Maintain all buildings for tenant retention / replace C9 with
yard lease

>

>

>

net present value on 20> positive
year projection

Current code / major investment

>

>

>

lower NPV than
? slightly
"Maintain" strategy

Current code / ground lease

>

>

>

higher NPV than
> slightly
"Maintain" strategy

Rezone / major investment

>

>

X high risk, no return

Potential Development Strategies

Attachment 3: Planning Strategies Screening Diagram