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Market Study and Economic Development Strategic Plan
3/28/2025
$175,000.00
Herndon, VA
Town of Herndon
Buyer seeks a qualified consultant to create a Market Study and Economic Development Strategic Plan. The plan will use current and projected economic trends to position the buyer for commercial tax base growth, workforce attraction, and improved quality of life. Key objectives include identifying programs to improve core commercial areas, strategies for business attraction/retention, and job growth strategies.
- 2/20/2025 - Release Date
- 3/6/2025 - Deadline for Questions
- 3/28/2025 - Proposal Due Date
Refer to RFP
- Conduct stakeholder engagement sessions
- Perform quantitative analysis of economic data and market trends
- Provide updated and complete market analysis
- Assess regional and local industry dynamics
- Analyze commercial real estate development activity and trends
- Deliver market-driven economic development strategic action plan
- Develop tactical FY26-FY30 Implementation Action Plan
- Create targeted industry flyers/brochures for business attraction
- Design overall 'Business Case' PowerPoint deck
- Provide recommendations for new Economic Development website
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