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.
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.
Development strategies, including financial and market analysis, for joint pubic-private development opportunities at Metro Rail stations.
Joint development refers to commercial development that is encouraged at such stations stops as part of the overall regional economic strategy for such transportation development. Work effort included a market study with financial recommendations to document the fiscal economic impact of such joint development strategies.
Metro Rail is an urban rail system serving Los Angeles County, California. It consists of six lines, including two rapid transit subway lines (the Red and Purple lines) and four light rail lines (the Blue, Green, Gold and Expo lines) serving 80 stations.
Hotel project feasibility report, including market study with financial projections, facility recommendations, and hotel franchise affiliation recommendations, for planned commercial hotel situated along Century Boulevard at the Los Angeles International (LAX) Airport. Opened as a Stouffer, later re-flagged as a Westin.
Feasibility and financial analysis support in support of master-plan by Parkhill Partners, the development company for City Centre Development. The 161,000-square-foot site is between 8th, 9th and Francisco streets and the Harbor Freeway. The project is now under development as The Metropolis, by Greenland USA.
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.
Owner representation, leasing, and asset management. Asset management, lease administration, and retail store leasing for this well-known Los Angeles retail center, at the water’s edge in Marina del Rey, included direction of property management activities, tenant leasing, marketing and promotions. Also included direction of capital improvements at the center including preparation of tenant spaces for move-in.