DEVELOPMENT PROJECT WORKOUTS
Mountain Shadow House
Project Details
Location: Ridgway, Colorado
Duration: 2008
Client: Mountain Shadows, LLC
Project Size: 7 units @ 4,000 sf average = 28,000sf
Project team
Project Design-Builder Developer: Project-Workshop, Inc
Structural Engineers: KL+A, Denver, CO
PROJECT NARRATIVE
Program for Speculative Custom Residences, average size at 4,000 to meet market demands for prime location, luxury single family homes in pre-recession local market.
Innovations
The proposed building construction process would utilize prefabricated foundation walls set on gravel footings, prefabricated structural insulated wall and roof panels, and prefabricated CNC milled roof trusses and floor elements.
Management responsibilities
Lead developer providing design build scope, pro forma development, approvals process, investment capital procurement.
Alta Lakes
PROJECT DETAILS
Location: Telluride, Colorado
Duration: Development Feasibility Analysis
Client: Leucadia Corporation c/o Telluride Properties
PROJECT NARRATIVE
Provide consultation to evaluate various development scenarios and develop cost revenue analysis for rate of return modeling.
Phoenix Coyotes training facility
PROJECT DETAILS
Location: Phoenix, Arizona
Duration: Development Feasibility Analysis
Client: Ajax Capital Corporation
Project Size: 110,000 sf
PROJECT NARRATIVE
Project budget $6.5 M, initial development due diligence for NHL Team 2 ice sheet training facility, 110,000 SF, to include team training, retail, public facilities, renovation and addition to an existing ice facility in Tempe. Responsibilities included site due diligence, assemble project team, development of programmatic requirements; perform intensive cost / revenue analysis.
SUNRISE Creek
PROJECT DETAILS
Location: Montrose, Colorado
Duration: Development Feasibility Analysis
Client: Sunrise Creek, LLC
Project Size: 65 Acres
PROJECT NARRATIVE
Project Budget $25M, 65- acre master planned community incorporating new urbanism concepts based on Neo-Traditional planning. Project to include commercial core, single and multi- family dwellings, an art center, and assisted living housing. Client retained PWS to perform intensive cost / revenue analysis for 10- year period to determine phasing and rate of return.
caribou ranch
PROJECT DETAILS
Location: Boulder, Colorado
Duration: Development Feasibility Analysis
Client: Ajax Capital Corporation
Project Size: 700 Acre Ranch
PROJECT NARRATIVE
Project Budget $3.5M, 700-acre ranch subdivision, complete infrastructure improvements for 35-acre tracts for sale. Project to be joint venture with landowner. Responsibilities included finding deal, developing complete financial analysis, negotiation of all joint venture issues, active participation in planning and engineering issues, complete project due diligence.
La Estancia
PROJECT DETAILS
Location: Southwest Colorado
Duration: Development Feasibility Analysis
Client: Ajax Development Corporation
Project Size: 14,000 Acres
PROJECT NARRATIVE
Project Budget $45 Million, 14,000-acre land development including a new environmentally and economically sustainable town of 2,500 residents at 10-year build out, main tenant to be corporate relocatee taking advantage of sophisticated telecommunications infrastructure and living in southwest Colorado. Responsibilities included spearheading a feasibility study, including researching and retaining land planners and economic/marketing consultants, researching infrastructure issues, researching alternate energy sources and environmentally sound waste water treatment techniques, and developing an economic model of project costs.
crest project
PROJECT DETAILS
Location: Telluride, Colorado
Duration: Development Feasibility Analysis
Client: Ajax Development Corporation
Project Size: 85-Room Hotel
PROJECT NARRATIVE
Project Budget $25 Million, 85-room hotel, restaurant, condominium, performing arts hall, gondola arrival facility, located at the top of Coonskin Ridge within the Mountain Village PUD at the Telluride Ski Area. The hotel component was to be co-developed with the Robert Zimmer Group, Santa FE, NM. The mixed use project was to be accessed only by the new gondola transportation link between the Town of Telluride and The Mountain Village. Responsibilities included assembling of the design and construction team, participating actively in identification of key project planning issues, assisting in the development of economic feasibility models with site and building cost, and developing and providing the preliminary feasibility study.
pfister ranch
PROJECT DETAILS
Location: Aspen, Colorado
Duration: Development Feasibility Analysis
Client: Snowmass Corporation
Project Size: 400 Acres
PROJECT NARRATIVE
Project Budget $29 Million, 400-Acre golf course development with associated infrastructure to service course and 43 single family home sites, 2 town home sites and two employee housing sites. Client retained PW to review project detailed submission documents to provide detailed analyses of estimated infrastructure, site grading, golf course, and landscaping costs, potential 'deal killer' project issues, and preliminary construction document completion schedule to facilitate a June 1993 construction start. The results of this work were to be used in aiding efforts to acquire control of the project from the original development entity, Maroon Creek Development Corporation.