RFP-23-003 Economic Development - RFP-23-003 Economic Development

Rocky View County’s Planning Department requires economic assessment services to support the preparation of County-wide and community growth strategies. A thorough understanding of previous and future growth patterns, and the fiscal impacts of development, will allow the County to plan for focused and efficient growth. To support the preparation of the County’s new Municipal Development Plan (Terms of Reference available at: https://pub-rockyview.escribemeetings.com/Meeting.aspx?Id=2d47a410-f325-40dd-9975-489986a26cd9&lang=English&Agenda=Agenda&Item=30&Tab=attachments) the County is seeking the creation of an industrial and commercial growth assessment which provides the following:
a) an analysis of the national, provincial, and regional economic trends that may provide opportunities or challenges for future development in the County;
b) an assessment of the current and future strengths and weaknesses of the County in accommodating business development within the municipality;
c) a comparative assessment of the historic growth patterns and rates across the County’s identified business growth areas, including an assessment of the County’s progress in meeting the forecasted growth identified within the County’s previous 2014 Industrial Land Capacity Study (Please download the Draft Rocky View County Industrial Land Capacity Study for RFP# 23-003 Economic Assessment from APC website);
d) a comparative forecast of potential growth patterns and rates over the next 10 years across the identified business growth areas;
e) an assessment of current and future demand for business uses within the County and its growth areas, examining capacity and build out of planned areas;
f) identification of industry-accepted population and density thresholds that direct the provision of different types of industrial and commercial uses; and
g) identify gaps and discrepancies in methodology between existing economic assessment studies and the County-wide Industrial and Commercial Growth Assessment being created.
Timeline: This service requirement is planned to commence in March 2023 and is scheduled to be completed by Q3 2023.