Concept Screening Summary
> -- Strategy passes the screen for further evaluation
X -- Strategy does not pass the screen
Fall 2010 Model Results       Interviews & Survey (Jan. 2011)    Sept. 2011 Model Results      FTAC and Commission Review
Initial Net Shed Analysis

Replace all net sheds as new single-use bldgs                   X No cost recovery

Replace net sheds with high-revenue use above                 X No cost recovery

Intended to create real estate
Replace all net sheds into single-use two-floor bldgs >              >              X
for new high-return uses.


Suggested New Uses
utilization in question, survey @
Covered work areas >      > >      ? 10% of respondents willing to
pay to use > 3X per year
utilization in question, survey @
Covered net repair >      > >      ? 6% of respondents willing to
pay to use > 3X per year
utilization in question, survey @
Farmer's Market Stalls >       X >       ? 8% of respondents willing to
pay to use > 3X per year
finding of low utilization
Wash down facilities >       X including survey @ 8% of
respondents willing to pay to
use > 3X per year
finding of low utilization
>         X including survey @ 6% of                                           Smokehouse
respondents willing to pay to
use > 3X per year
finding of low utilization
Cold storage >     X including survey @ 12% of
respondents willing to pay to
use > 3X per year
finding of low utilization
Large scale ice machine >        X including survey @ 12% of
respondents willing to pay to
use > 3X per year
Conference center >      > >      ? most viable in conjunction with
new office development


Potential Development Strategies

Status quo treatment of all upland buildings >             >             X Unable to find reasonable use of
C9; similar situation for C12
Maintain all buildings for tenant retention / replace C9 with
> >  > > positive net present value on 20-
yard lease                                                                                                    year projection

Current code / major investment >          > >          ? slightly lower NPV than
"Maintain" strategy

Current code / ground lease >         > >         > slightly higher NPV than
"Maintain" strategy

Rezone / major investment >        >        X high risk, no return





Attachment 3: Planning Strategies Screening Diagram