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Real Estate Advisory Services - Senior housing consultants

Richmond Senior Village – Project Feasibility

Confidential  Client  |  Project feasibility evaluation in progress; involves redevelopment (regeneration) of now demolished facilities.   Project site in the greater Richmond (Virginia) area.

 

Work includes evaluation of highest-and-best development opportunities for the site, with detailed evaluations of specific land uses.    A continuum of care concept for seniors is part of concept testing, along with specific categories of the continuum including free and independent living, assisted living for seniors, skilled nursing facilities, and the like.   Non senior land uses are also in evaluation.

 

Work as opportunity zone consultants also includes entitlements, zoning and permitting review, capital budgeting, operating projections, and project risk assessment.

 

 

Opportunity Zone Consultants

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.

 

StoneCreek Project Experience - senior housing consultants

Pasadena Highlands Senior Housing

Market and financial feasibility study to support a 3rd-party appraisal report.   The senior community’s amenities include a library, arts and crafts room, theater, beauty shop, and a gated parking garage.

 

At the time of our work the facility was known as Sierra Bonita Tower.  Many years after our work was completed, this facility became a WellQuest Senior Living Community.  Located in Pasadena, California.   This project work completed by an SCP professional while with a predecessor firm.

 

 

aec Adventure Entertainment - campus experiential design

Feasibility & Due Diligence – Tamale Hospital Campus

Feasibility study and rapid-prototyping of design approach, for to-be-built regional hospital and wellness campus proposed for the Tamale region of Ghana.

 

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.