pictured above: design concepts/vision options that began dialogue.
The development of Boutin Avenue is in its early stages, with a design charrette now complete. The charrete proceeded through the process encapsulated below, with the objective of the project to develop a preferred site plan that:
Day 1: Listen and Learn Day 2: Design Day Day 3: Feedback Day and Day 4: Refinement and Presentation Day
What we heard:
With a preferred design selected, an estimate of construction costs is now underway.
Once complete, we begin the development of a Pro Forma (A Latin term meaning, “for the sake of form”. In the investing world, it describes a method of calculating financial results in order to emphasize either current or projected figures. A property's pro forma in real estate are essentially its cash flow projections).
From the pro forma, administration develops a report, which is then presented to Council. Currently estimated for October or November.