In this stage, you will form teams to elaborate your concept further into a scheme. The focus is upon doing good urban design and finding ways to assess and compare multiple schemes. The assignment is here.
For urban design, I suggest three resources: Image of the the city, by Kevin Lynch, Great Streets, by Allan Jacobs, and my own set of five Urban Choices for Designers.
Because many of you are considering a market, here is a collection of markets from North America, South America, and Europe.