Northern Liberties BID seeks Market Analysis Consultant

Project Summary:
Founded in 2018, the NLBID seeks a consultant to develop a market analysis report that provides the necessary data, and review of current and projected market conditions, to allow NLBID to effectively retain and attract businesses within the district. As a new organization, this “from scratch” project would provide the critical foundation of NLBID’s recruitment and retention efforts. Outcomes from this project will include data-driven, actionable recommendations to stabilize and strengthen the overall commercial mix in Northern Liberties while reducing storefront vacancy rates.

Project focus:
– Collect relevant data.
– Meet with brokers and local knowledge experts to gather information and insights.
– Collect contact information of property and business owners.
– Identify targets and strategies to develop a stable mix of independent and accredited commercial tenants for the long-term
performance of the commercial district.
– Use the collected data to develop actionable steps and recommendations to improve the commercial mix within Northern

Proposed Timeline:
Final Day for questions — April 2, 2019
RFP Submission Deadline — April 5, 2019
Interviews Scheduled — April 12, 2019
Executive Service Agreement — April 17, 2019
Final Report Delivered to Board of Directors — May 10, 2019


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