Considering Alternatives
A significant component of the overall Downtown Visioning Study and Tunnel Project is to ensure that the range of Alternatives that is considered, and the Preferred Alternative that is ultimately identified, is realistic and feasible.
Analysis / Market Report
As part of that "fiscal reality check," the City's consultant has prepared a
Market Opportunities Report (PDF), which examines regional economic trends, the current inventory of space in downtown Lebanon, and the absorption of new non-residential and multi-family space in Lebanon with estimates of downtown's potential capture of that projected new development.
The Report provides estimates of downtown Lebanon's potentially supportable space in new and substantially renovated investment over the 2015-2030 time period.