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location based entertainment consultants - list of recreation adventure parks and resorts

Feasibility Study for Recreation Park

Project feasibility study for recreation park to be located in the primary visitor corridor in the Wyoming and Montana region. The project site is situated with stunning views along the Tongue River, looking on to the Bighorn National Forest and various mountain peaks in the distance.

 

As part of of preparing a long-range economic development program for the Northern Cheyenne Tribe, specific projects were identified using various existing tribal assets and resources.   The tribe’s Thunder Child property could be developed as a significant recreation adventure park given its relative proximity to U.S. Highway 90 which traverses the greater Sheridan (Wyoming) area bordering southern Montana.

 

The project also has the potential for repurposing of a former 22,000 SF health services rehabilitation center on the property, into a lodge and destination conference center for the facility. Following its initial development and health services operation, the building has been shuttered but reasonably maintained for re-use.

 

Illustration work shown here is a product of aec‘s Rapid Prototyping Unit, combining feasibility results with preliminary project scaling, layout, and overall guest experiential design – created to assist Ownership group in confirming design intent and project budgets.  Our rapid prototyping work a front-end task to assist clients with previsualization of their projects, to help in establishing design intent for develp0ment master planning.

 

Posted information and images regarding this project feasibility study for recreation park, are limited at client’s request.

 

 

Golf Course Redevelopment Consultants

Shown here, the lower portion of the project site where a golf course is proposed as part of the recreation adventure park offerings. The course is envisioned as a relatively quick play opportunity for visitors traversing the #1 interstate route through Wyoming and Montana.

 

Caribbean Development Project Consultants - Due Diligence for Resort Acquisition

Due Diligence for Resort Acquisition

Newfield Enterprises International  |  Due diligence for resort acquisition, involving a master-planned golf community in development in Lovenlund (on St Thomas) in the U.S. Virgin Islands (“USVI”).  The due diligence was prepared on behalf of an international family office (based in Riyadh) considering an investment in, or outright acquisition of the property.

 

Our due diligence work for this resort acquisition included a review of historic operating results, the appeal of the community’s residential product to buyers, repair and maintenance issues, and staffing matters.   A forecast of expected operating performance was prepared, along with a budget for upgrading the property to assure continued first-class operations.

 

The Mahogany Run Golf Course that was one component of the prospective acquisition, had been completed in 1980.   The course enjoyed a top reputation with its design by George and Tom Fazio.   At the time  of the due diligence, Mahogany Run was the only golf course on St. Thomas island.  Another interesting feature of the property is the historic Old Stone Farm House Restaurant, situated in a restored farm building on the 300-acre former Lovendahl (Danish) sugar plantation.

 

Lovenlund is a settlement near Magens Bay on the north side of the island of Saint Thomas.  St. Thomas along with Saint John, and Saint Croix, form a county and constituent district of the USVI.

 

 

 

Due Diligence for Resort Acquisition

 

Feasibility Consultants for Planned Community

Feasibility Consultants for Planned Community

Feasibility consultants for planned community in San Bernardino County, California, as part of the project’s master-planning design team.

 

The site of the former Greenspot Ranch is a 1,046-acre planned community featuring 2,045 units of single family, condominium, and detached residential, commercial and 27 hole golf.  An equestrian area was also included in the overall master land use plan.   A planned unit development located at cross streets, Newport Avenue and Emerald Avenue.

 

As project feasibility consultants for this planned community, our work was part of ongoing master-planning and entitlements.   Specific financial analysis also evaluated the residential land value yield on specific enclaves of the development, estimating net margins that could be achieved in pad sales to end-builders.  Our work for this client was part of our land development consulting practice at the time, during the halcyon days of master-planned community development in the U.S.

 

The project was related to what was then known as the East San Bernardino County Water District, the name was changed to East Valley Water District in 1982. An annexation in September 2000 increased the District’s service area by 3,228 acres and included the Greenspot Ranch Area.

 

During the process of initial planning and securing overall land use entitlements, the project was purchased by Landmark Land Co., a New Orleans land developer.  Our work as feasibility consultants for this planned community, as well as the overall master-planning and entitlements, were competed prior to the sale to Landmark Land Co.

 

Landmark Land was a high-profile golf community developer with extensive landholdings and properties throughout the Western U.S.    Following a probe by the U.S. Securities and Exchange Commission, Landmark Land filed for bankruptcy protection and its affiliated savings and loan (“S&L”) was seized by regulators.

 

The seizure of Landmark Land’s S&L interests was part of somewhat forgotten major meltdown within the U.S. financial services industry.  Between 1986 and 1995, some 1,043 out of 3,234 savings and loan associations in the U.S., failed.  Before the crisis was concluded, the Federal Savings and Loan Insurance Corporation (FSLIC) closed or otherwise resolved 296 institutions, and the (then) newly established Resolution Trust Corporation (RTC) closed or otherwise resolved 747 institutions.

 

 

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