09 Sep Sugar Hill Downtown Master Plan LCI Update
Location: Downtown Sugar Hill
Client: City of Sugar Hill, GA
KB services provided: Small Downtown LCI Market Analysis
Timeframe: 2017 – 2018
Lead Consultant: Lord Aeck Sargent
2017 – 2018 Sugar Hill Downtown Master Plan (MP) Livable Centers Initiative (LCI) Study
Sugar Hill Downtown LCI. In 2017, the City of Sugar Hill received a Livable Centers Initiative (LCI) grant. LCI grants come from the Atlanta Regional Commission (ARC). The purpose of the LCI was to significantly update the Town Center MP completed in 2005. The resulting 2018 LCI update to the Downtown Master Plan responds to the evolution of Sugar Hill over the previous decade.
KB’s role in the Sugar Hill LCI
KB Advisory Group (KB) was part of the LCI consultant team for Sugar Hill’s Downtown Master Plan update. It was KB’s responsibility to conduct the LCI market analysis that informed the plan and implementation. KB’s role included identifying appropriate market and trade areas Downtown.
KB’s specific LCI services
KB reviewed vital demographic information within the market and trade areas. Specifically, crucial population and household trends and profiles, generational patterns, daytime population, etc. KB also analyzed the performance of the critical real estate product types in the market area and, similarly, projects in the development pipeline. The study results included ten-year demand projections for crucial real estate product types, analyzed absorption, and presented growth opportunities.
Thoughts on the Sugar Hill LCI
The Sugar Hill Planning and Development Department said the LCI process and project “was critical to advancing our vision toward a vibrant, walkable community in Downtown Sugar Hill. “Also, “Working through a comprehensive update provided an opportunity to take stock of community investment over the last few years and connect recent successes.”