The Punta Gorda City-Wide Master Plan process highlighted efforts to establish a common vision for the City of Punta Gorda and guide growth with a parallel effort focused on the recommendation for a future Gilchrist Park Waterfront Activity Center. Four options for this site were developed and illustrated during the charrette, though no one option emerged as the preferred alternative. As such, instead of having the consultant team refine a community-preferred option, the City of Punta Gorda requested a feasibility analysis of the alternative plans for redevelopment of the existing Bayfront Center YMCA and the Punta Gorda Boat Club Facility.
The City of Punta Gorda hired the Dover Kohl & Partners Team, with Partners for Economic Solutions (PES) as a sub consultant, to review the potential financial viability of these three options. PES prepared a financial operating statement to test each alternative’s feasibility, considering both capital and on-going operational costs. This analysis used current market data and industry standards.
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