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Chandler W. Lee <br /> Revised February 5, 1987 <br /> Page 11 <br /> <br /> Task II.l: Identify Preliminary Rehabilitation and <br /> Redevelopment Options <br /> <br /> Working with planning department staff and drawing on <br />the design work-do~ by the City's consultant, we will iden- <br />tify specific rehab and building redevelopment options that <br />would provide space that is appropriate for the kinds of uses <br />determined to be!~.potentially viable in the market study and <br />that would be consistent with the design and aesthetic objec- <br />tives of the plan. <br /> <br /> Task II.2: Estimate Cost Of Options <br /> <br /> Based on discussions with construction experts and <br />information from available published sources, we will esti- <br />mate the cost per square foot of the identified rehab and <br />redevelopment options. <br /> <br /> Task II.3: Estimate Financial <br /> Parameters for Downtown Uses <br /> <br /> We will identify businesses comparable to those that may <br />be expected to seek a downtown location and collect infor- <br />mation on the rents those businesses are likely to be able to <br />pay for a downtown location. We will also develop infor- <br />mation on the operating costs to building owners, the fi- <br />nancing terms that would be available to developers and other <br />relevant financial variables. <br /> <br /> <br />