case study:

The mid

Role: Owner's Representative

Status: Pre-development

challenges

• Property not zoned for proposed uses and density
• Navigate a contentious and costly Community Benefits process
• Maximize incentives to mitigate development costs in an urban center and brownfield site
• Consider reciprocal easements, shared parking, different ownership structures, and different financing for each parcel to be developed

solutions

• Secured a Planned Urban Development (PUD) with variances in zoning, required for parking and setback restrictions
• Parcel divisions under a condominium structure allowed parcel development for multiple uses and different owners with different financing

• Address the community/Community Benefits ordinance

scope of work

• The property is a 3.78-acre brownfield site
• Created a Master Plan, rezoned the property to allow for large scale development, and secured all entitlements for the proposed mixed-use development
• Worked with team to negotiate and secure over $75 million in incentives for the new development

project summary

• Build award-winning luxury boutique hotel with dining/entertaining centers, 216 keys, 370-person banquet hall, expo kitchean, training rooms and signature restaurant.
• Create common co-living with 310-units, 556 beds, and 25,000 SF retail space.