Finances & Budget

BPL Awards Contract for Market Feasibility Study

by Sean Nelson

After an extensive RFP review process, the contract for the market feasibility of commercial and conference space in the Johnson building was awarded by the BPL board of trustees to the firm of Byrne McKinney and Associates from Boston. The initial phase of the study will focus on the measuring of demand for various types of uses and possible configurations of the space. They will also develop financial models and forecast revenue, conduct surveys, and work closely with the project and design team. It is anticipated that the majority of research will be completed by the end of February.