The County and the Town seek to complete a market analysis and feasibility study to identify the viability of redeveloping an approximately 23-acre parcel of land, located along Mountain City Rd/Rte. 91, adjacent to Laurel Creek, known as the “former VFW property” and most recently owned by the Washington County IDA. The property is just outside the corporate boundaries of the Town of Damascus. The study should identify four (4) potential options for successful development of the site based on the projected needs of Washington County and the Town of Damascus. The successful firm will analyze current market demand, evaluate competitive factors, assess the site, identify potential deficiencies and barriers, prioritize the need for necessary infrastructure and utilities upgrades, and provide preliminary financial forecasts and distinct development concepts tailored to maximize the return on investment and enhance the region's appeal. The Town of Damascus will be the project manager for the market analysis and feasibility study. The market analysis and feasibility study will consist, at a minimum, of the following: a. Environmental assessment b. Infrastructure assessment c. Developing cost estimates d. Permitting and zoning compliance e. Demand assessment to include manufacturing, outdoor recreation, lodging, and/or mixed-use purposes
