ADVISORY SERVICES

We apply our analytical skills and planning experience  in identifying the  scale, type, mix, and configuration of development that can be supported in a particular location or region.  The scope of our work typically includes: a detailed assessment of: the site's regional context; site specific characteristics; sources of demand; and the competitive environment.

An accurate measure of market demand is required to create a realistic land use plan for large undeveloped sites. Hume Consulting is experienced in undertaking the detailed market analysis needed to determine the type and amount of  land area and/or floor area  warranted by market demand.   

While some development/design creativity is desirable in today's  highly competitive environment, there are some fundamental site planning rules/guidelines that must be followed. There are often some subtle site planning elements that can have a significant impact  on a project's success.
 

Hume Consulting works with other site specialists  to ensure that the site plan will function optimally for customers, tenants, and/or residents within the commercial, industrial or mixed-use development.  

As part of the development approval process, various levels of government may require that a  socio-economic impact assessment be prepared that highlights the potential socio-economic benefits associated with a particular development.
 

Hume Consulting can provide the quantitative and qualitative data and  information  that demonstrate both the social and economic benefits associated with a new  development.  

Hume Consulting provides support to developers by preparing specific reports that detail the market rationale and socio-economic benefits that will be generated. This work may include meetings with planning staff and presentations before municipal council.

 A successful retail store expansion strategy requires that a retailer understand the fundamental locational factors that drive sales performance. We work closely with major retailers to determine the primary drivers of sales performance to help ensure that each new additional store location will be a top performer. We typically examine all of the sales, market, and locational characteristics associated with selected high and low performing stores in the chain to identify the key ingredients for future success.
 

The creation or revitalization of  "main street" commercial areas is a vital component of our urban communities. Hume Consulting is experienced in preparing of detailed “road maps” identifying the specific strategies needed to create or re-create  vibrant and successful downtown or main street commercial areas.

This work involves an in-depth assessment of retail or commercial mixed-use investment opportunities from a market perspective. The purpose is to ensure that a prospective investor is made fully aware of the development's competitive positioning, reliability of the existing income stream, as well as the income upside or downside in the future.