CLE has aging (WWII-era) air cargo facilities and is interested in finding third-party developers to invest in their redevelopment. A market study is required to identify the opportunity for that investment. The market study will have additional benefits of aiding ASD efforts and the City’s plan to create an “aerotropolis” around CLE.
InterVISTAS will analyze the market with publicly available information as well as primary research. Efforts will include:
- Surveys and interviews of relevant stakeholders
- Trade data analysis including in-house modeling
- Competitive analysis
- Identifying opportunities and mapping out Next Steps for the three related initiatives
ASD budget will be expanded by over $100,000 to accommodate this and other work. Project underway.