Master Planned Community Developments Archives

Planned Community Consultants - Transaction Consultants and Negotiators

Master-Planned Community – Builder Sales

15.02.2019 Golf course redevelopment and adaptive re-use, Master Planned Community Developments, Project Consultants for North America, Residential Housing & Apartments, Transaction and Dealmaking Projects

Acted as a master-planned community consultant to JMB Realty in connection with ongoing build-out of this major Orange County planned residential golf community. Focused residential product and financial analysis in support of ongoing builder sales program, at this resort-style master-planned golf community in Orange County, California. Financial analysis in support of residential product concepting, subdivision build-out, for Owner’s land development team involved with planning and developing this master-planned Orange County community.

Working with project team members including land planning, civil engineering, entitlement representatives, and in-house client project management and financial staff, the various financial analysis included builder residual calculations to support land sale negotiations to third-party home builders.

Coto de Caza is one of Orange County’s leading master-planned communities. The MPC includes golf courses, equestrian facilities, horse trails, and extensive pathways and hiking trails for residents, all in one of Orange County’s more rural settings.

Burton Station Urban Village

19.08.2018 Master Planned Community Developments, Master Planner, Opportunity Zone Consultants, Placemaking Consultants and Designers, Rapid Prototyping, Real Estate Consultants, Senior Housing Feasibility and Facilities Consultants

As real estate consultants for project feasibility, StoneCreek Partners provided feasibility analysis, a conceptual site plan and rapid-prototyping massing study, and business plan for proposed mixed-use urban village to be developed on infill properties in Virginia Beach, Virginia. Components of the urban village to include office space, main street retail, hotel, senior living, and for-sale housing.

In addition to the subject Project, the neighborhood in which the Project is situated continues to be a major focus for redevelopment and regeneration, for developments featuring for-sale housing, apartments, and shopping facilities. One of the more recent developments in the neighborhood is Norfolk Premium Outlets, a Simon Property development which opened in June 2017. A new regional IKEA store is now in development in close proximity, further enhancing the regional retail draw of the Project’s immediate neighborhood.

The Project site is well situated within the Hampton Roads region, just off the Hampton Road Beltway (Interstate 64). The Hampton Road Beltway is the primary transportation route through the Hampton Roads region. Hampton Roads refers to the Virginia Beach-Norfolk-Newport News, VA-NC metropolitan area, which includes the cities of Virginia Beach, Norfolk, Chesapeake, Hampton, Newport News, Portsmouth, Suffolk, Poquoson, and Williamsburg. The resident population of the Virginia Beach-Norfolk-Newport News, VA-NC metropolitan area ranks among the top 50 metropolitan areas of the U.S.

Due Diligence for Resort Acquisition

30.05.2016 Golf course redevelopment and adaptive re-use, Master Planned Community Developments, Project Consultants for the Caribbean Region

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

Coastal Project Master Plan – Newport Coast

22.08.2015 Land Development Consultants, Master Planned Community Developments

The Irvine Company | Part of the management team contributing to overall for master planning the Newport Coast project of The Irvine Company.

Feasibility Consultants for Planned Community

24.08.2012 Golf course redevelopment and adaptive re-use, Master Planned Community Developments, Project Feasibility Consultants

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.