Project Feasibility Evaluation
Feasibility evaluation prepared for Taos Pueblo, for new project under consideration.
CONFIDENTIAL. Assignments related to potential commercial development.
Economic Development Plan – Tribal Lands
19.08.2018
Economic Development Consultants, Project Consultants for Tribes and First, Tourism Destination Strategy Consultants
Morongo Band of Mission Indians | As land development consultants, StoneCreek Partners prepared a tribal economic development plan for the Morongo Indian reservation that encompasses almost 50 square miles of land. The work occurred at a time when tribal gaming operations were housed in a temporary prefabricated building situated in Cabazon (California) along Interstate 10 on the periphery of Palms Springs. The economic development plan included an analysis of regional economic growth by sectors, the feasibility of potential business projects, and the specific suitability and infrastructure availability throughout the reservation.
The tribal economic development plan included a master plan and land development strategy for all lands along the interstate that leads in and out of Palm Springs. Phase 1 conceptual plans included relocation of the tribe’s existing casino into the heart of a new master-planned development. Casino Morongo Resort & Spa, a 304-room hotel with 113,000-square-foot casino, was subsequently constructed by Perini Building Company. With its grand opening in 2004, the Morongo destination gaming resort became one of the largest tribal gaming facilities in the U.S. The Morongo Indians had their start in the gaming business in 1983, when tribal members started a bingo hall.
The Morongo Indian Reservation was established in 1876, one of nine reservations created by a Presidential executive order of President Ulysses S. Grant.
Tribal Land Master Land Use & Economic Plan
POTDC | Confidential strategic planning and integrated master land use planning, for tribal lands.
SCP Work Proceeds with Northern Cheyenne Tribe
01.11.2017
Economic Development Consultants, Project Consultants for Tribes and First, Strategic Planning Consultants
Confidential, more to come regarding our master plan for economic development of Northern Cheyenne tribal lands in Montana, Wyoming, and South Dakota.
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.
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