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Consultant hired for Foster City real‑estate market study; council pushes for broad outreach
Summary
Council authorized a real‑estate market analysis with Cosmont Companies; consultant Ken Hira outlined a 6–8 month study including market indicators, vacancy analysis, Placer AI mobility data and stakeholder interviews to guide opportunity‑site recommendations.
City staff told the council the city has authorized an agreement with Cosmont Companies to perform a comprehensive real‑estate and market analysis, and introduced consultant Ken Hira to kick off the study. Hira said the project will include a baseline inventory of existing properties, vacancy and lease‑rate trends, a demographic/psychographic…
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