The consultant will identify and evaluate Port-owned and adjacent properties in the downtown core and along main corridors for potential acquisition or disposition. This analysis should support the Port’s broader strategy to catalyze downtown revitalization, increase walkability, attract private investment, and activate underutilized sites. Tasks include: 1. Identifying key parcels suitable for acquisition or sale. 2. Recommending criteria and a framework for acquisition or divestment decisions. 3. Aligning property strategies with desired uses such as lodging, retail, civic space, or tourism amenities. 4. Evaluating legal, zoning, and financial feasibility for property transactions. 5. Estimating ROI and economic impact of acquisition/disposition scenarios. The consultant will assess the potential to rezone and partition existing large industrial parcels owned by the Port to better align with emerging recreational, tourism, and mixeduse development opportunities. Tasks include: 1. Analyzing current zoning limitations and evaluating pathways to rezone or create overlay zones. 2. Identifying highest and best use scenarios that align with the Port’s economic development goals. 3. Evaluating subdivision/partition potential to create more marketable parcel sizes. 4. Estimating costs, timeframes, and potential return on investment of rezoning actions. 5. Recommending updates to the zoning map and development code as applicable.
