Top Banner
1
42

Innovative, Full Service Real Estate Investment and

Apr 14, 2022

Download

Documents

dariahiddleston
Welcome message from author
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Page 1: Innovative, Full Service Real Estate Investment and

1

Page 2: Innovative, Full Service Real Estate Investment and

2

Innovative, Full Service Real Estate Investment and development Firm with 35+ years Industry Experience

• Residential

• Commercial

• Cultural

• Entertainment

• Marine Uses

• Hotel

• Hospitality

• Mixed Use

Renaissance: Background & Experience

Page 3: Innovative, Full Service Real Estate Investment and

11

• U.S. Urban Population to

DOUBLE (150M to 300M)

• Two-Thirds of This Demand

to be Met by Urban Nodes in

Suburbia

Our Nation’s Suburbs Must Meet This Demand

Must Adjust To the New Norm

Page 4: Innovative, Full Service Real Estate Investment and

13

The Market Wants Urban Suburbia and Downtown Living

• Cultural venues

• Artist lofts

• Entertainment venues

• Ethnic restaurants

• Educational opportunities

• Reduced Crime

• Retail/Commercial

• Vibrancy and Energy

• A true sense of place

The Public Must Understand The Process and the Benefits

The Market Demands Downtown Living…

Page 5: Innovative, Full Service Real Estate Investment and

Bristol, CT

Master Developer

Nashua, NH

Master Developer

Glen Cove, NY

Master Developer Huntington Station, NY

Master Developer

Waterbury, CT

Master Developer

Hempstead, NY

Master Developer

Branded Leader in Comprehensive

Downtown Redevelopment

Page 6: Innovative, Full Service Real Estate Investment and

Glen Isle Mixed Use Development

• True Mixed Use, Transit Oriented Walkable Neighborhood

• “Project of Regional Significance”

• Vision Long Island “Best Mixed Use Project” – 2010

• Long Island’s Largest Approved Project (at Time of Approvals)

• 7 Years In the Making is Just Too Long!!!

Page 7: Innovative, Full Service Real Estate Investment and

We go nowhere

without public support

Page 8: Innovative, Full Service Real Estate Investment and

A Brief History of Entitlement Work…

Page 9: Innovative, Full Service Real Estate Investment and

Plan Over Process:

A Divisive and Exclusive

Approach

Page 10: Innovative, Full Service Real Estate Investment and
Page 11: Innovative, Full Service Real Estate Investment and

Traditional Approach: Us v. Them Confrontational, Lines Drawn in the Sand, The

Negotiation

Page 12: Innovative, Full Service Real Estate Investment and

URBAN NODES IN

SUBURBIA

12

URBAN

DENSITY

HEIGHT

QUEENSIFICATION

Page 13: Innovative, Full Service Real Estate Investment and
Page 14: Innovative, Full Service Real Estate Investment and
Page 15: Innovative, Full Service Real Estate Investment and
Page 16: Innovative, Full Service Real Estate Investment and
Page 17: Innovative, Full Service Real Estate Investment and

If You Don’t Manage the Conversation…

Page 18: Innovative, Full Service Real Estate Investment and

It Will Manage You!

Page 19: Innovative, Full Service Real Estate Investment and

Process Over Plan:

An

Inclusive and Constructive

Approach

Page 20: Innovative, Full Service Real Estate Investment and

Crowdsourcing is the act of sourcing tasks

traditionally performed by specific individuals

(within a Company / Corporation) to an

undefined large group of people or

community (the crowd) through an open call.

Page 21: Innovative, Full Service Real Estate Investment and

Crowdsourced Placemaking is the act of

sourcing placemaking tasks traditionally

performed by planners and real estate

developers to a large group of community

members (the crowd) through an open call.

Page 22: Innovative, Full Service Real Estate Investment and

• First Of Its Kind

Crowdsourced

Placemaking Program

• Patent Pending

• Transparent Process

• Online Forum /

Community (ala

Facebook)

• Online Voting Application

(ala YouTube)

• In Person Meetings

• 2500 Members Strong!

Crowdsourced Placemaking: Turning Apathy into Energy

Page 23: Innovative, Full Service Real Estate Investment and
Page 24: Innovative, Full Service Real Estate Investment and

• First Of Its Kind

Crowdsourced

Placemaking Program

• Patent Pending

• Transparent Process

• Online Forum /

Community (ala

Facebook)

• Online Voting Application

(ala YouTube)

• In Person Meetings

• 2500 Members Strong!

Crowdsourced Placemaking: Turning Apathy into Energy

Page 25: Innovative, Full Service Real Estate Investment and
Page 26: Innovative, Full Service Real Estate Investment and

Pop Up Piazza Bristol, CT – 15,000+ !!!

Page 27: Innovative, Full Service Real Estate Investment and

Bristol CT, October 11 2011: 7-0 Unanimous Vote

Celebrating Bristol’s Approval

Page 28: Innovative, Full Service Real Estate Investment and

7

Page 29: Innovative, Full Service Real Estate Investment and

The Community Lives On

• Summer Street Clean Up

• Crowdsource Summer St.

• 2nd Annual Pop Up Piazza

• Building Typologies

• Rent Up Efforts

Page 30: Innovative, Full Service Real Estate Investment and

Ongoing Efforts

Bristol Rising Will Outlast the Development!!!

Page 31: Innovative, Full Service Real Estate Investment and

Crowdsourced Placemaking in Hempstead, NY

• Early Struggles and a Need

to Adapt

• Digital Divide – Paper Ballots

• Need to Reach Spanish

Speaking Population

• Trust Building

• Jobs

• Infrastructure

• Benefits to Community

• Need for Local Champions

Page 32: Innovative, Full Service Real Estate Investment and

Existing Conditions

No Eminent Domain nor Displacement of Residents or Businesses

Page 33: Innovative, Full Service Real Estate Investment and
Page 34: Innovative, Full Service Real Estate Investment and

Culture, Arts &

Mixed Income Residential for Local Residents

Page 35: Innovative, Full Service Real Estate Investment and
Page 36: Innovative, Full Service Real Estate Investment and

Class A Offices, Public Places, Parks &

Locally Owned Independent Businesses

Page 37: Innovative, Full Service Real Estate Investment and
Page 38: Innovative, Full Service Real Estate Investment and
Page 39: Innovative, Full Service Real Estate Investment and

LESSONS LEARNED

• Community Sentiment Necessitates Bringing in the Silent

Majority (not the Oligarchies)

• The “Conversation” Will Happen So Engage the

Community

• It is a Dialogue, Not Just Information

• Be Earnest and Authentic

• Social Media is a Tool – Need Fertile Soil & Practitioner

• Process Over Plan

• At Root, We Are All Human, Social Beings

Page 40: Innovative, Full Service Real Estate Investment and

IT’S ALL ABOUT ROI

• Significantly Decrease Entitlement Timeframe – From

Years to Months

• Gain Public Support and Acceptance for High Density

Mixed-Use Development

• Gain Key Market Insights

Page 41: Innovative, Full Service Real Estate Investment and
Page 42: Innovative, Full Service Real Estate Investment and

37