Fairview Food Cart Pod and Fairview Creek Redevelopment Assistance
Fairview, OR · 2023
Client: City of Fairview
Location: Fairview, OR
Year: 2023
CP Role: Lead consultant
Practice Area: Real Estate + Feasibility
Team: Alex Joyce, Principal-in-Charge; Victor Tran, Project Manager; Pauline Ruegg, Analyst
The Challenge
The City of Fairview wanted to invest urban renewal funds in a large food cart pod on a prominent corner, built with a private landowner, and needed to know it would pencil before committing public money. Later, an adjacent owner asked for help redeveloping a neighboring parcel in a way that supports the Halsey corridor.
Our Approach
For the pod, we studied comparable pods across the Portland region, built an operating statement and cash flow analysis, and reached out to six regional pod operators. We then wrote the request for qualifications and outreach materials and ran the operator selection. For the adjacent parcel, we led a design charrette with the owner and City staff to draw a conceptual site plan, then tested the feasibility of townhomes and retail.
Outcome
All six operators we contacted were interested in running the City's site, and the food cart pod was built in 2022. The owner of the adjacent Fairview Creek parcels is advancing a development strategy based on our site plan and feasibility work.
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