Specifications include, but are not limited to: COMMERCIAL MARKET ANALYSIS SERVICES (not to exceed $25,000) • Review current land uses in the West Side area. • Review current demographics and project future demographic trends. • Review residential market data, including analyzing supply and demand of rental and for sale housing units, calculating vacancy rates, reviewing the existing housing options and analyzing the demand for new housing options in the West Side area. • Carry out a commercial market study analyzing the supply and demand for commercial/retail space in the West Side area, including calculating vacancy rates, completing a trade area analysis, and analyzing the demand for new retail options in the West Side area. • Determine which corridors and nodes are most viable for different types of commercial activity. • Identify alternate uses where retail may no longer be viable. • Conduct stakeholder interviews and/or focus groups with area developers, brokers, business owners, and other key informants. • Identify priority areas for commercial development and housing investment, based on the analysis. • Identify innovative revitalizations strategies from around the country that have been successful in similar neighborhoods.