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Market Information <br /> <br />Commercial <br /> -Provided by Maxfield Research, Garrison Partners, Brookstone and <br /> MetroPlains <br /> -Square Foot Summary <br /> <br /> Potential Proposed <br />Bluff Block <br />Brick Block <br />Jackson (Gazebo) Block <br /> 10,000 <br />Houlton Block <br /> <br />Existing 1st Floor <br /> <br />Existing 2nd Floor <br /> <br />Potential Effected by Dev. <br /> <br />21,100 5,000 9,600 10,000 <br />23,000 10,500 14,100 10,000 <br />7,800 0 0 <br /> <br />20,200 6,600 0 <br /> <br /> (Houlton Block not to be developed) <br />-Commercial needs of 14,000 to 20,000 sq.ft, over the next five years a <br />rental rate of $13sq.ft./net. <br /> <br />Residential <br /> -Housing needs provided by Maxfield Research, rental rates from M <br /> -Projected needs over the next 10 years: <br /> · Rental: <br /> - 300-360 units <br /> ° For Sll~{).$700 (1 bedroom) rents <br /> = t~i01)l.~i80~i~ bedroom) rents <br /> - $150,000-$300,000 unit prices <br /> <br /> <br />