Andrew Knudtsen

Biography: Andrew Knudtsen AICP, CCIM Managing Principal Education Bachelors of Environmental Design, Magna Cum Laude Univ. of Colorado, 1987 Previous Employment 2012-current Managing Principal, Economic & Planning Systems, Inc. 2001-2012 Associate to Principal Economic & Planning Systems 1998-2001 Principal The Housing Collaborative , LLC 1990-1998 Special Projects Planner, Town of Vail 1988-1990 Planning Associate City of Boulder Affiliations CCIM – Certified Commercial Investment Manager ULI – Member of the Explorers Committee AICP – American Institute of Certified Planners State of Colorado Governor’s Blue Ribbon Affordable Housing Panel Publication ”Urban-Suburbia”, Urban Land, October 2008. Presentations Railvolution “Value Capture for the Rest of US” Seattle, WA Appraisal Institute “Transit Oriented Development: Value Capture and Market Positioning” San Diego, CA Urban Land Institute “Quantifying Sustainability” Washington, D.C. Sonoran Institute Summit “Real Estate Premiums and Sustainable Development Trends” Bozeman, MT Andrew Knudtsen is the Managing Principal for the Denver office of Economic & Planning Systems. He is a planner and economist with 20 years’ experience addressing the full range of economic issues related to real estate development, including market analysis, financial feasibly, public finance, redevelopment strategies, fiscal balance assessment, affordable housing, and P3 term sheet negotiations. Andrew’s client base is approximately half private sector developers and half public sector entities, with much of his work involving the intersection of the two. The direction of most of his work is to ground decision making with solid data, vetted through sensitivity analyses, leading to viable projects that advance community goals. SELECTED PROJECT MANAGEMENT EXPERIENCE P P P , F e a s i b i l i t y , a n d P u b l i c F i n a n c i n g Fredericks Road Joint Development, San Antonio, TX Represented transit agency in negotiations with developers seeking to build on land acquired by VIA for TOD projects. Built pro forma. Assessed degree of risk. Included public financing layers. Recommended partnerships in which returns were reasonable and VIA’s interests were advanced. S u s t a i n a b i l i ty Smart Growth Demand in Northern Rockies, CO, MT, and ID Documented the successes and failures of smart growth development in the Northern Rockies for the Sonoran Institute. Identified premium for smart growth and key drivers with greatest traction among residents. Used primary survey data, interviews, and secondary data to identify the socio-economic drivers of demand for six towns, estimated their correlation to capture rates and premiums, and provided direction about future needs for other Rocky Mountain communities. R e g i o n al M a r k et D e m a n d Housing Demand Forecast, Oklahoma City, OK Housing demand study and citywide survey that assessed demand for housing by geography, age level, income, and preferences. Quantified housing demand by age, tenure, and income level, and identified elasticity of demand for various types and neighborhood qualities. I n f i l l R e d e v e l o p m e n t Highway 42 Urban Renewal Authority Analysis, Louisville, CO Evaluation of redevelopment potential in 55-acre urban renewal area adjacent to downtown. Completed market analysis and provided feasibility models for site-specific future projects. Evaluated public financing options and estimated bond proceeds under different development scenarios. S i t e P r i o r i t i z a t i o n VIA Metropolitan Transit Authority, San Antonio, TX Evaluated over 225 acres of real estate holdings in 13 parcels for the transit authority to rank and prioritize their real estate development program. Used numerous qualitative and quantitative metrics to assess the potentials for each parcel. Aggregated rankings under three categories including Development Readiness, Market Strength, and Transit Supportiveness. F i s c a l Adams County Fiscal Model, Adams County, CO Constructed fiscal model for county to document County revenues, expenditures, and capacity to meet Level of Service benchmarks. Loaded the model with alternative development scenarios to identify net costs to County. Worked directly with the Adams County BOCC to develop fiscally-grounded land use policies. Economic & Planning Systems, Inc. The Economics of Land Use 730 17th Street, Suite 630 ? Denver, CO 80202 303.623.3557 ? [email protected] ? www.epsys.com