2022/04/13 HdL, Econ Solutions HdL Proposal
Development Driven by Data
120 S. State College Blvd.
Suite 200
Brea, CA 92821
Mobile 714.879.5000
www.ECONSolutionsbyHdL.com
www.hdlcompanies.com
City of Menifee
April 5, 2022
Proposal
Scope of Work
Void Analysis
• Provide a Void Analysis which includes a list of targeted retailers based on trade area analysis and
using ECONSolutions database of over 1,200 national and regional retailers.
Compensation – $5,000
OPTIONAL SERVICE
INSIGHT Market Analytics
• Provide analytics data on targeted areas of interest with up-to -date trade area data for
recruitment of retailers to your community.
• Includes the following reports: 1) Consumer Demographic Profile, 2) Household Segmentation
Profile, 3) Employment Profile, 4) Consumer Demand & Market Supply Assessment, and 5)
Supporting Trade Area Maps.
• Includes up to 5 trade areas and the City.
COST - $5,000 a year with mid-year update or $8,000 for two-years with cost of $4,000 annually and
with 3 updates after approximately 6 months.
Representative
The consultant representing HdL shall be Barry Foster, Principal/Managing Director for HdL ECONSolutions
along with staff support from Fienna Cheng, Analyst. The staff representative for the City of Menifee will
be Gina Gonzalez, Economic Development Director.
Accepted by HdL: Accepted by City of Menifee:
____________________________________ _______________________________________
Barry Foster, Principal/Managing Director Date Armando G. Villa, City Manager Date
DocuSign Envelope ID: 8927EAFF-3401-4E61-B585-8B5A76D5B392
4/11/2022
DocuSign Envelope ID: 69B304B9-CB85-4C98-B25A-FFEB22343603
4/13/2022