Target Project Parameters

In all cases, it’s important that the project opportunity make the best use of our company’s resources, both human capital and financial resources. Therefore, we prefer projects that have some scale both in terms of actual size and amount invested. Ideally, a new project opportunity would have minimum total costs of $35m. Approximately 50% of our projects are created on land owned by institutions with the remainder being built proximate to campus. Often our developments play a key role as part of the revitalization of a downtown area or in conjunction with a city’s desire to create positive change elsewhere within their community.

Mixed-use Opportunities

We are interested in purchasing land or existing improvements whereby a development can be created with ground level retail and either housing or office on the floors above. The retail component might be service in nature and include such tenants as copy centers, hair salons, video stores, and banks or, alternatively include a greater percentage of apparel, restaurants and entertainment uses. In order to create self-sustaining developments, it is important that our retailers offer synergy to one another and meet an actual demand within the marketplace. To that end, we will tap our strong national and regional tenant relationships, developed over the past several decades, to create the optimal merchandise mix for each marketplace. We are extremely proud of the confidence and trust the nation’s most sought-after retail and restaurant operators have placed in us to help them grow their brands. Yet just as important are the unique regional and local tenants as they add a necessary local feel and flavor.

Residential Developments

Historically, we’ve added residential product to a particular marketplace that was not previously available. We look far beyond simple demographics to growth trends and market velocity. The specific product types that we design will help attract new residents or retain existing ones.
As long as it is in conjunction with a larger mixed-use project, we can build faculty housing, graduate student housing, married student housing with a myriad of product types including town homes, brownstones, lofts, row houses and flats either for sale or rental. Although the building of traditional style undergraduate student housing is not a part of our core mission, we would be open to discussing how to creatively meet this specific housing need, in conjunction with a larger mixed-use project.

Alumni Housing

We are also at the forefront of an exciting trend to create vibrant new housing environments for alumni looking to reconnect with their campus roots. These alumni can partake in campus sporting and cultural events, access the recreation center and library and even audit classes. The school benefits by having a more proximate potential donor.