Has anyone seen or have done a Market analysis on the condition of existing commercial uses and the impact of new projects covering the entire area of a jurisdiction? What I mean is a study that would evaluate existing commercial areas such as existing shopping centers and/or other business districts based on supply of existing space and demand of that space. In addition it may include a market area analysis to determine if there is demand for additional commercial uses with in a given market area. I am looking for some examples to see if something like that would be worthwhile to pursue. I understand that developers sometimes do market analysis prior to a project being built. I don't know if any jurisdiction ever done one to see if an area is over or under served and if additional space is necessary.
Thanks in Advance