Case Study

Lincoln Mall Site Redevelopment; Highest and Best Use Analysis

Lincoln Mall Site Redevelopment; Highest and Best Use Analysis

Lincoln Mall Site Redevelopment; Highest and Best Use Analysis Matteson, Illinois In 2016, HSP performed a highest and best use analysis to redevelop and enhance the area known as Lincoln Mall located in Matteson, Illinois. Lincoln Mall closed after 40+ years and was a current challenge, yet long term opportunity for the Village’s economic development plan. The Village of Matteson was interested in understanding the market demand and development opportunities at the mall site. The analysis examined the highest and best uses, the future market potential and the feasibility for office, residential, hospitality, retail and specialty development in the area. HSP performed the analysis and presented the Village of Matteson with a comprehensive report of findings, which included

Join for free to read