ZVA ASSIGNMENTS AND COVID-19
To our clients, colleagues and partner firms:
Like many companies, Zimmerman/Volk Associates has curtailed staff travel in support of the national effort to minimize the spread of the Covid-19 coronavirus.
Nevertheless, assignments will proceed as planned with some optional schedule modifications:
— Where time is not of the essence, staff travel for site analysis and meetings will be scheduled once the Covid-19 threat has subsided.
— Where clients have specific timing requirements, an optional alternative to site visits, meetings and tours is available using techniques ZVA has developed and refined over the past decade for updates and short time frame assignments. Under this option—employing remote conferencing and virtual touring through tools like Google Maps, Street View, and Google Earth Pro historical imagery—normal schedules can be maintained.
Given ZVA’s established international reputation, many are surprised to learn that ZVA has a staff of only four. As a small company, we pride ourselves on being exceptionally nimble with a flexibility that has served our clients well over three decades.
We trust that, with our collective efforts, the best interest of our nation and the world will be served and the pandemic be controlled expeditiously.
Residential Market Analysis for Walkable Neighborhoods in the United States and Canada
A ZVA residential market study provides direction for planning, design, and policy decisions, and the revenue assumptions for a development pro forma.
A ZVA study establishes:
- Where the potential renters and buyers of new and existing housing units in a study area are currently living (the draw areas);
- How many households have the potential to move within and to the study area each year (depth and breadth of the market);
- Who the households are that represent the potential market for new and existing units in the study area (the target markets);
- What their range of affordability is, and what their housing preferences are in aggregate (income qualifications; rental or ownership, multi-family or single-family);
- What their current alternatives are (housing market context);
- What housing and unit types, unit sizes and configurations, and market-entry base rents/prices match the target households’ housing preferences and financial capabilities (the optimum market position); and
- How quickly the new units will lease or sell (absorption forecasts).