C&S has been working with the Canaveral Port Authority to provide real estate advisory services to address the opportunities and constraints associated with the development of commercial retail, restaurant and
entertainment space as part of its Cove redevelopment project. The Cove is a 70-acre waterfront site anchored by a new welcome center.
The Orlando Business Journal featured the project in an article in February, including a discussion with Matt Taylor, C&S’s national director of land use and market strategies.
After the completion of a retail and restaurant market analysis for the site, C&S tested the feasibility of the project by conducting a series of interviews with and industry research for the business models
of national retail, restaurant and entertainment developers/operators. In addition, C&S also conducted research regarding public-private development agreements and ground lease structures to identify
prevailing terms and conditions in the marketplace.
Based on the market research, case studies and findings, in-house work sessions, staff expertise and supporting conversations with representatives active in the local development and brokerage communities, C&S will present implementation options in the spring of 2013 for the Port’s consideration.