HOUSING MARKET AND HIGHEST AND BEST USE ANALYSIS

PROJECT DESCRIPTION

 The 2015 GO North Olmsted strategic plan Goal #3, Improving Housing Choices, identified called for the City to conduct a housing study to “determine the demand and strategic location for different types of housing for populations including seniors, young professionals, empty nesters, etc. The study should evaluate current zoning to determine if amendments to existing districts or new districts are necessary to promote the type of housing needed in the community as determined by demand”.

In 2022 the City acquired two former elementary school sites (Forest and Spruce Elementary) from the North Olmsted School District and holds exclusive options to purchase three additional sites (Maple, Pine and Chestnut Elementary). In anticipation of preparing the Forest Site, located at 28963 Tudor Drive in North Olmsted, for redevelopment the City is seeking to better understand its housing market demand and any gaps that exist within the current housing stock.

The purpose of this study is to collect data and document the housing needs and demands of the City in conjunction with a market analysis for both the very near­term and out to the year 2033 (ten-year forecast). In addition to data analysis, the scope of the study includes providing highest and best use analysis for the Forest Elementary School site which the City plans to prepare for redevelopment in 2023.

All inquiries relating to this request shall be addressed to:

Max Upton, Director of Economic & Community Development

City of North Olmsted

5200 Dover Center Road

(440) 716-4118

uptonm@north-olmsted.com  

 SUBMITTAL DATE AND LOCATION

Respondents must submit (6) HARD COPY PROPOSALS and one USB thumb drive containing the PDF File to the attention of Max Upton, Director of Economic and Community Development at the above address. Proposals must be received by the Director of Economic and Community Development by 3:00 p.m., on Friday April 21st 2023. Late proposals will not be accepted.

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