Development

Development creates the supply that a market lacks. From entitlement through design and construction, or through the adaptive reuse of an existing building, each project answers demand that our research has identified.

Commitments that govern delivery

Design for the life of the building

Building systems, materials, and finishes are selected for their operating cost and longevity as well as their initial price. Savings at construction should not become costs in operation.

Standards adapted to local conditions

Building codes, climate, and supply chains differ from market to market. Each project adapts the common standard for quality and performance to its own conditions.

Plan with the community

Tenants, neighbors, and the city have a stake in every development. Their requirements form part of the plan from its first draft.

Development expertise, stage by stage

Site selection and entitlement

We identify, secure, and entitle land and buildings, including sites that require complex planning in constrained markets. Entitlement resolves much of a project’s risk, and we complete it before we commit construction capital.

Scope

Land assembly across multiple parcels, planning and entitlement applications, and engagement with the communities and authorities that each project affects.

Master planning

Master planning sets the value of a large site well before construction of its first building. Our plans phase homes, workplaces, retail, open space, and infrastructure to match demand as the district grows.

Scope

Long-range vision for the site, a phasing plan matched to market demand, and an infrastructure strategy that sequences roads, utilities, and open space.

Ground-up construction

As owner and developer, we direct design management and procurement and oversee the contractors who deliver each new building, with cost and program controls in place at every stage.

Scope

Every stage from initial concept and design through procurement and construction to practical completion.

Adaptive reuse

Many existing buildings no longer suit their original use, while their structure and location remain sound. Converting them to the uses the market now needs preserves their embodied carbon and their character.

Scope

Feasibility studies, re-entitlement for the new use, and the full conversion of the building.

Typical projects and our role in each

Sites with planning complexity

Land or buildings whose value is held back by entitlement, land assembly, or infrastructure. Resolving those constraints is what makes the site buildable.

Our role

Lead developer, from entitlement to completion.

Obsolete buildings in strong locations

Office, industrial, or retail stock that no longer suits its original use, in locations where tenants and customers still want to be. Location is the lasting asset, and the building can change.

Our role

Repurpose for the use the market now requires.

Districts that need a single steward

Large-scale, multi-phase places succeed only when one party is accountable across every phase, often over decades. Continuity of ownership and planning holds each phase to the original vision.

Our role

Master developer in partnership with the city.

Breadth across markets and sectors

Our global reach is matched by a single standard of investment judgment.

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