Challenge

• Nearly 1,000 acres of land used in the production of tomatoes to be transitioned into a Master-Planned residential community located in South Hillsborough;
• Research available sites suitable for a master-planned residential community;
• Analyze and verify land values for the client;
• Assess and understand complicated land-use, zoning, transportation, topography, site and soil conditions;
• Comply with state and local rezoning procedures and deadlines;
• Maximize value while maintaining public scrutiny and community activists' continuing negotiation;
• Create a competitive marketing environment; and
• Substantiate and report all recommendations and activities.

Services provided:

• Site selection, feasibility analysis, market research, contract negotiations, rezoning support;
• Community relations and public testimony before governmental agencies; and
• Valuation and coordination with legal, engineering and environmental team members.

Results:  The price for the sale on this portion of the site was $22.198 million.  this price, in effect, provided the builder with a raw lot unit price that will enable them to compete very effectively for homebuyers insuring an attractive and successful residential community for years to come.

"Belmont is our biggest and best new beginning.  We're moving forward into the future of master-planned communities.  this is the perfect place to keep living it up.  Here, at Belmont it's all about the lifestyle!", is the quote on their website from local division president, Ed Suchora.

 back to top