Al-Shehail Group (Riyadh) / Hopkins Development | As land development consultants we provided a market study with capital budget estimate and financial projections, for a proposed residential golf community, for McGaheysville, Virginia. 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, within the Shenandoah Valley resort destination community near Massanutten Ski Resort. The 300-acre project includes 420 units in this master-planned golf community.
Following the due diligence effort, StoneCreek LLC 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.
McGaheysville is located near the south fork of Shenandoah River in the heart of the Shenandoah Valley.