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Thousand Oaks & California Events

Together we bear the grief of our Thousand Oaks family, friends, and neighbors in the aftermath and unfolding tragedy of the shootings and wildfires.

 

Those on our team directly affected by these events have been evacuated or are with those offering comfort and support.

 

For our clients and associates, we remain in operation from our Las Vegas and other locations.   See our newsletter for additional details.

 

Tri-City Shopping Center

Owner representative, tenant leasing rep, and property manager for community shopping center in Redlands, California.  Work included owner representation to other investor groups and anchor tenants involved with center ownership.

 

StoneCreek’s work included the preparation of redevelopment plans for this major Inland Empire region property, a plan that envisioned a mixed-use district dubbed, “Redlands Marketplace.”  Shown below, the facility’s owner’s at the time reviewing redevelopment plans.  A unique feature of the great value for the property is the more than 1-mile of north-facing interstate highway frontage bordering the northern boundary of the Tri-City shopping center property.  Interstate 10 is one of the primary routes to and from Southern California mountain and desert recreation areas, ski areas, Palm Springs, and the like.

 

 

     

 

One Landmark Plaza

StoneCreek Partners was retained as an overall real estate consultant, to evaluate a major $40 million capital improvements program that would re-position the retail podium for a landmark office building.

 

Scope of work included review of market support from nearby financial district employees and visitors, re-tenanting mix, guest circulation retrofits, and related subjects.

 

Spring Street Corridor Revitalization

As real estate consultants to the Los Angeles Community Redevelopment Agency, StoneCreek Partners provided financial analysis and evaluation of illustrative deal structuring for various public-private intervention strategies to achieve the economic turnaround and urban revitalization of the Spring Street corridor in downtown Los Angeles.  The redevelopment analysis included consideration of funded public subsidies, and transferred development rights.

 

Spring Street in downtown Los Angeles was once called “Wall Street of the West”, home to numerous major financial institutions, the old Pacific Stock Exchange, and many of the city’s finest office buildings dating back to the early days of downtown Los Angeles. A 1994 strategic plan for downtown called for a mix of public and private investment in retail, housing and commercial development.

 

Over the years, various efforts have sought to revitalize the Spring Street Corridor, including the successful opening of the Ronald Reagan State Building – at the corner of Spring Street and Third Street.

 

Sierra Crossing Mixed-Use District

Tenant mix, leasing, and anchor tenant strategies for mixed-use district planned for Bakersfield, California.

 

Strategic marketing and leasing support to ownership involved with large landholding in the vicinity of Bakersfield, California.

 

Work including consideration of project naming convention and selection of project name. Also provided retailer presence grid and analysis for retailers in the region, and those that were not. Work included collaboration with owner’s team and project architect on land planning issues for the mixed-use program of power center, lifestyle center, and general-purpose for-lease office buildings.

 

La Costa Ranch MPC

For this prominent master-planned residential community, in North San Diego County, work was in support of company’s overall business planning effort. Client organization was interested in understanding the financial comparison of various build-out strategies, exiting either through bulk land sale, finished lot takedowns to end builders, or hold and develop through end homebuilding. Work included “finished lot vs. builder pad” take-down scenarios.

 

BCE Development had acquired this North San Diego County master-planned community with substantial remaining build-out inventory, as part of a portfolio acquisition of major land developments. A business plan with detailed market and financial analysis was prepared, for use by California senior management of this major Canadian company, in presenting to the Board of Directors various alternatives for disposition and/or development. One key strategic marketing issue in the business planning effort, was the amount and type of senior housing (independent living, assisted living, skill nursing, etc.) to be included in the land use plan.

 

The La Costa Ranch property is part of he City of Carlsbad, a unique coastal community located about 35 miles north of the City of San Diego surrounded by mountains, lagoons and the Pacific Ocean. The City’s overall build-out population is about 135,000 residents based upon a total dwelling unit cap ratified by Carlsbad votes in the November 1986 election. While a smaller, coastal community, Carlsbad is the location of multimedia, biomedical, electronic, and light industrial businesses.