Housing Buildout Analysis

Northampton, MA

Neighborhood, Real Estate Strategy

Client

City of Northampton (MA)

Description

Agora Partners provided planning, market, and development analysis to the City of Northampton, Massachusetts, in an effort to understand and capitalize upon the market realities of recent upzoning legislation. Agora assessed full build-out test-fit scenarios possible under new legislation against market demand by utilizing analyses of demographic trends, local and regional real estate metrics, comparable case studies, and best practices for development. With insight gained from this analysis, Agora provided a development feasibility study for prototypical sites in Northampton, with the goal of illustrating the gap opportunity between what can be accommodated through regulations and market realities.