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Marina Beach Shopping Center

Master plan and business plan, and ongoing asset management, for conversion of marina holdings in Marina del Rey into an in-region destination resort.

 

Work effort included strategic marketing considerations in formulating “big ideas” for the multi-property resort. Master plan was then processed and approved by the California Coastal Commission. The Marina Beach Shopping Center was part of the portfolio.

 

Burton Station Urban Village

As real estate consultants for project feasibility, StoneCreek Partners provided feasibility analysis, a conceptual site plan and rapid-prototyping massing study, and business plan for proposed mixed-use urban village to be developed on infill properties in Virginia Beach, Virginia. Components of the urban village to include office space, main street retail, hotel, senior living, and for-sale housing.

 

In addition to the subject Project, the neighborhood in which the Project is situated continues to be a major focus for redevelopment and regeneration, for developments featuring for-sale housing, apartments, and shopping facilities.  One of the more recent developments in the neighborhood is Norfolk Premium Outlets, a Simon Property development which opened in June 2017.    A new regional IKEA store is now in development in close proximity, further enhancing the regional retail draw of the Project’s immediate neighborhood.

 

The Project site is well situated within the Hampton Roads region, just off the Hampton Road Beltway (Interstate 64).    The Hampton Road Beltway is the primary transportation route through the Hampton Roads region.   Hampton Roads refers to the Virginia Beach-Norfolk-Newport News, VA-NC metropolitan area, which includes the cities of Virginia Beach, Norfolk, Chesapeake, Hampton, Newport News, Portsmouth, Suffolk, Poquoson, and Williamsburg.   The resident population of the Virginia Beach-Norfolk-Newport News, VA-NC metropolitan area ranks among the top 50 metropolitan areas of the U.S.

 

 

Destiny Africa

Destiny Africa Technology Park is envisioned as a cutting-edge science and technology park to be located as part the ‘Destiny Africa Ecosphere’ mega-development in George, South Africa. The park is designed to operate in close association with major colleges and universities of the region. A project of KDMC, the 456-hectare Destiny Africa development in George is envisioned to include a business incubation park, a knowledge park, and a science and technology park.

 

The planned resort and business destination would include retail and commercial developments such as hotels, destination conference/meeting facilities, shopping areas and residential property. StoneCreek Partners prepared an analysis of the market support for such a facility, with extensive review of comparable projects in other world regions in order to benchmark the facility standards for Destiny Africa. A detailed evaluation of the long-haul convention and conference business was included with the work.

 

The Edge Flex-Tech Office Park

Feasibility analysis to support lender’s analysis of planned flex-tech office development.   StoneCreek Partners prepared a market feasibility evaluation of this El Segundo (Los Angeles County) flex-tech office park, as part of underwriting for a loan by lender GE Capital to the project’s developer. Study included review of comparable facilities throughout Southern California.