Pacific Lighting | Market and financial feasibility analysis to support repurposing of historically-significant corporate property in downtown Los Angeles. Highest and best use study, including business plan, market and financial analysis, and overall highest and best use evaluation for major facility site owned by Southern California Gas Co. in the heart of downtown Los Angeles, California.
Newfield Enterprises International / Real Property Management, Inc. | Redevelopment program for portfolio of leasehold properties in Marina del Rey, California. The multi-property plan was processed to secure California Coastal Commission approval, prior to final ground lease extensions with the County of Los Angeles. The lessee’s portfolio was the largest among County lessee’s at Marina del Rey.
Becovic Holdings | Owner representative and development project managers for redevelopment and operation of this former government-owned hotel along the Montenegrin coast in Ulcinj.
Stats Pasadena in collaboration with Marc A. Futterman & Associates – Assignment with the owner of this prominent redevelopment property in the Old Pasadena area of the city. The owner operates a wholesale and retail decorative business from the site.
Working in collaboration with project architect Marc A. Futter & Associates, an illustrative guest experience program was created based on the heritage of the city and the neighborhood, and integrating tenant leasing strategies, experiential multi-media ideas, live event programming, and potential sponsorships.
The project would be situated on one end of the historic Old Town Pasadena area (California). Old Pasadena encompasses a district from Holly Street on the North to Green Street on the South. Colorado Boulevard is the primary pedestrian and automobile route that traverses the district, although the many side streets, alleyways and sidewalks provide the distinct character of Old Town Pasadena along with the many restored historic buildings in the district.
Shopping mall redevelopment concepting for Plantation Fashion Mall in Plantation (Broward County), Florida. StoneCreek Partners was retained to evaluate net financial results from alternative redevelopment schemes for the defunct retail mall. Each alternative in consideration involved some form of demolition and new mixed-use program that would integrate all site components.. The overall site includes the mall, along with office and hotel (Sheraton Suites) components.
At the time the study effort commenced, the existing shopping mall was in decline with the tenant mix already transforming to office and governmental users. The malls decline was a result of somewhat poor location given regional roadways, the rise of numerous competitive retail offerings, and an obsolescent mall design at its upper levels.
The mall and its adjacent components were eventually renamed 321 North and fully redeveloped in a mixed-use scheme.
Our consulting work included an evaluation of strategic alternatives for the shopping center, mall redevelopment and renovation options, tenant and sales mix, and alternative leasing plans to support various lifestyle, location-based entertainment, retail, health services, and mixed-use revitalization options. The shopping mall redevelopment concepting also included competitive considerations given nearby regional malls with arguably better locations for retailers considering regional site selection, including the Westfield Broward, The Fountains, and the mega-destination Sawgrass Mills mall.
Our affiliate AEC Creative was responsible for programming of a unique 3rd-Floor events center – explored and prepared for implementation during renovation.