Golf course redevelopment and adaptive re-use 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.

Feasibility Study for Partial Golf Repurposing

19.08.2018 Family Entertainment Center Consultants, Golf course redevelopment and adaptive re-use, Location-Based Entertainment Consultants, Project Feasibility Consultants

Feasibility study for partial golf repurposing for a part of an existing public daily fee golf course, located in an exurban area of greater Los Angeles.

Initial schematic design and project feasibility analysis of proposed “family entertainment center (FEC)” to serve an upscale community of the Conejo Valley area of greater Los Angeles. Work included facilities recommendations, guest events and activities, and strategic marketing considerations.

The project was an opportunity to repurpose an underutilized portion of an existing golf course, and achieve partial highest-and-best-use. In this feasibility study for partial golf repurposing, the golf practice range would be relocated. This relocation would create an excellent commercial pad for the intended re-use, with direct freeway visibility. The required re-routing of existing golf irrigation lines, storm drainage, and outdoor lighting was minimized as a part of the feasibility evaluation. The design for the relocated golf practice range included additional putting and chipping areas for golfers using the practice facility as a standalone out-of-home activity.

Most project information and specific location are intentionally obscured, at client request. This work on behalf of the golf course owner is an example of a recent golf industry trend, of golf assets being evaluated for potential renovation and/or redevelopment to achieve highest-and-best-use of the underlying property.

Illustration work shown here is a product of aec’s Rapid Prototyping Unit, combining feasibility results with preliminary project scaling, layout, and overall guest experiential design – created to assist Ownership group in confirming design intent and project budgets.

Hotel Development Consultants - project feasibility consultants

Kuki’o Beach Resort at Kuki’o Bay

19.08.2018 Experience with C-Store Fueling Stations, Golf course redevelopment and adaptive re-use, Hotel Development Consultants, Project Consultants for Tribes and First, Project Feasibility Consultants

Destination resort with “resort residential” housing product. Feasibility analysis including market study, financial projections, and facilities recommendations, for proposed 660-acre resort and timeshare development on the Big Island of Hawaii. The Kuki’o Beach Resort is adjacent to the Four Seasons Hualalai Resort and situated along the Big Island’s Kona Coast.

Our hotel development consulting work was completed in support of an overall master plan for development of the property, to include low-density residential, golf, and hotel facilities.

Owner Representation for Property Buy / Sell – Seaside Resort Monterey Bay

19.08.2018 Golf course redevelopment and adaptive re-use, Hotel Development Consultants, Transaction and Dealmaking Projects

Diamond Ventures, Inc. (Tucson) | Represented seller to prospective buyer of this to-be-built California coastal resort on lands that include two existing golf courses.

Project Feasibility for Golf Community

18.08.2018 Golf course redevelopment and adaptive re-use, Land Development Consultants, Project Consultants for Tribes and First, Real Estate Consultants, Residential Housing & Apartments

Al-Shehail Group (Riyadh) / Hopkins Development | As land development consultants we provided a project feasibility for a golf community, with market study, capital budget estimate, and financial projections. Residential product recommendations for the single-family and attached housing units in the development were provided, along with facilities suggestions for a community clubhouse that could support golf as well as additional outdoor recreation offerings.

The project had the working name, Mountain Meadows Golf Community, of McGaheysville, Virginia. McGaheysville is situated near the south fork of Shenandoah River in the heart of the Shenandoah Valley.

This due diligence and feasibility evaluation was to support the Al-Shehail Group of Companies’ potential investment. The site for this to-be-built master-planned residential golf community is situated in rolling meadow lands and foothills near McGaheysville, near Massanutten Ski Resort. The 300-acre project included 420 units in this master-planned golf community.

Following the due diligence effort, StoneCreek Partners was retained by the Al-Shehail Group to revamp and fine-tune the project master plan. Objectives included maximization of the housing along 16,900 lineal feet of golf course frontage. Project naming and naming conventions were also reworked, and golf signature holes were configured to minimize and balance on-site grading. An interesting aspect of the residential product placement on the site, was providing both a direct view onto golf as well as onto the scenic “long views” onto surrounding Shenandoah Valley foothills and mountains.

The master planning work was directly based on the project feasibility for golf community, previously prepared.