Basic info

The redevelopment of an old, under-performing shopping center into a vibrant retail and residential hub marks a significant transformation for a family office into a multi-generational asset. Located at a key site, this project involved the creation of a new retail center, a substantial parking facility, and a high-rise apartment building, revitalizing the area and enhancing its economic viability. Key to this redevelopment was the renegotiation of leases with a global grocery brand, complex restructuring of financing, and negotiations for public art and amenities. This project not only revitalized an underutilized asset but also integrated affordable housing solutions through a partnership with the local housing authority, making it a world-class development and a substantial win for the community.

The project also included relocating the headquarters of the company that managed the redevelopment, further anchoring its presence and investment in the area. With its strategic location and comprehensive amenities, the new development serves as a cornerstone for urban renewal in its community, offering a blend of commercial and residential spaces designed to meet modern demands. The success of this project demonstrates effective asset management and development strategies that cater to contemporary urban needs, establishing a sustainable and profitable model for future family office investments.