Case Study

Tolland Village Area Highest & Best Use Market Analysis

Tolland Village Area Highest & Best Use Market Analysis

Tolland Village Area Highest & Best Use Market Analysis Tolland, Connecticut HSP worked with the Town of Tolland to assess the current market conditions impacting the Tolland Village Area (TVA) and determine the highest and best mix of real estate uses to accomplish the Town’s goals and meet the market demand. The analysis provided the Town with market findings regarding the potential development of residential, retail, restaurants, offices and/or a hotel on the TVA site. The study analyzed existing and competitive developments locally in order to identify gaps in quality and supply. HSP also identified and studied examples of comparable mixed-use developments throughout Connecticut. The TVA site consists of approximately 34 acres of Town- and privately-owned land that was ide

Join for free to read