A Market Analysis was done by the consulting team to help ensure the LCI plan is economically feasible. The consultants conducted the analysis in April, and includes the projected impacts the pandemic will have on the economy.
Download a PDF of the Market Analysis document and the presentation slides presented to City Council summarizing the findings of the analysis.
Summary of Findings
The market analysis assesses supply and demand in various market sectors. The document provides ideas on what Peachtree City could do, but not what the City has to do.
Please review the document and the presentation slides to understand the context of the development feasibility within the LCI study area in the table below:
Type | Amount | Minimum Sale Price | Est. Cost per Acre |
---|
Attached Residential | 115 - 120 units | $320k - $560k | $500k / acre |
Rental Apartments | 600 units | $1.80 / SF rent | $600k / acre |
Conventional Office | 50,000 SF | $24 - $30 / SF Full Service | $200k / acre |
Retail/ Service | 170,000 SF | $20 / SF rent | $160k / acre |
Flex Commercial/ Industrial | 120,000 SF | $8 - $10 / SF rent for renovated sites >$12 / SF for new construction sites | $100k / acre |