Patrick Bowen Presents Downtown Morgantown Retail Analysis

On Tuesday, June 30, 2015, Patrick Bowen presented findings from a Downtown Retail Feasibility Study, conducted for Main Street Morgantown in West Virginia. Below is an article written after this presentation. Study: Parking, safety could be reasons for vacant retail space Andrew Hesner TheDPost.com MORGANTOWN — A feasibility study on downtown Morgantown and the Wharf District shows that of the surveyed 374,586 square feet of retail space, more than 8 percent is vacant. And although this is slightly lower than

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Downtown Housing Needs Assessment in Charleston, WV

In January of this year Bowen National Research were hired by the Charleston Area Alliance to conduct a Downtown Housing Needs Assessment in Charleston, West Virginia.  Patrick Bowen, the principal and author of the report, presented the report’s findings last Tuesday (April 21st) at the Charleston Area Alliance “Think Tank” event.  You can read more about the presentation via the link below of the article in the Charleston Gazette. http://www.wvgazette.com/article/20150421/GZ01/150429819/1419 In addition, Mr. Bowen’s presentation also made television on the local news channels WCHS and

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Asheville Housing Needs – Newsletter

In 2015 & 2020, Bowen National Research completed a regional housing needs assessments on behalf of the city of Asheville, North Carolina that included analyses of the city of Asheville and the surrounding four-county region of Buncombe, Henderson, Madison, and Transylvania counties. Our firm has continued to provide ongoing consulting services to the city for a variety of projects. The following article is from Mountain Xpress. Study highlights Asheville housing challenges Posted on January 20, 2015 by Jake Frankel Patrick

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Ohio Statewide Tax Credit Rental Housing Data

Since 2011, our firm has been conducting statewide rental housing surveys on Tax Credit properties for various states that we select. Thus far we have surveyed nine different states, which include Georgia (2013), Indiana (2012), Iowa (2012), Kentucky (2013), Ohio (2014 our most recent), Pennsylvania (2012), South Carolina (2012), Tennessee (2013),  and Virginia (2012).  These surveys are all conducted by telephone and include properties that only operate with Low-Income Housing Tax Credits (both 4% and 9%).   Some of these projects

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Importance of a Market Feasibility Analysis

End users such as developers, syndicators and/or state agencies often hire professional market analysts to conduct a market feasibility analysis (market study) for a proposed development within a particular market.  But what is the need for, or importance of, a market study?  Further, and more importantly, what makes a good market study? The need for, or importance of, a market study is quite simple.  This analysis is to provide a disinterested third party point of view for a given project

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How Tribal Housing Authorities Can Improve Telling the Story of Housing Needs

As part of the Low-Income Housing Tax Credit (LIHTC) program, applicants for Tax Credits are required to submit a variety of documents and reports to their state housing finance agency as part of the application process.  One element of the application process is a market feasibility study.  Market feasibility studies are reports that include such things as demographic, economic and housing data for a particular market.  These reports are typically conducted by qualified market analysts, who often must be approved

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