Development Manager
Venue Projects
@urbnist | urbnist.com
Takeaway: Radically different scales, motivations, perspectives, product types, capital sources, and definitions of success along the spectrum.
"Current American architecture is not a matter of art, but of business... This is at once the curse and the glory of American architecture."
-Barr Ferrce, in 1893
"The insistence on the linkage between profit and program is fundamental to commercial architecture, where... economic considerations govern design decisions... Cities are competitive commercial environments where buildings are businesses and space is a commodity."
-Carol Willis, 1995
Monthly Rents | $2400 |
---|---|
Operating Expenses (7.7%) | $185 |
Net Operating Income | $2,235 |
Mortgage Payment | $1,653 |
Net Monthly Income | $582 |
Annual Income | $6,984 |
Equity Cash | $67,090 |
Cash on Cash Return | 10.4% |
"If you can't get the rent don't build the building." - IncDev Alliance
400 W. Camelback Rd. Phx, AZ - Uptown Phoenix & Medlock Place
Completed Fall 2020 | Co-Developer & Co-Owner | 79 Key Boutique Hotel with Don Woods, Lylo, Pop Stand, Cartel Coffee, Shaded Pool, and Event Lawn
(14) City Variances
(1) County Variance - Pool
(4) City Use Permits
(1) ROW Abandonment
(1) Replat
(1) Re-Addressing
(1) Rezone Overlay - HP
(1) NPS Part I Eligibility Application
(1) NPS Part II Tax Credit Application - DENIED
(3) Self-Cert Blg Permits
(41) Misc. Permits
1402 E Highland Ave Phx, AZ - Canal North Neighborhood
SF on MF lot. Now four homes replacing one home.
1215 S. Adams St. TLH, FL - Southside
1215 S. Adams St. TLH, FL - Southside
1215 S. Adams St. TLH, FL - Southside
1215 S. Adams St. TLH, FL - Southside
1215 S. Adams St. TLH, FL - Southside
1215 S. Adams St. TLH, FL - Southside
1215 S. Adams St. TLH, FL - Southside
1215 S. Adams St. TLH, FL - Southside
1215 S. Adams St. TLH, FL - Southside
1215 S. Adams St. TLH, FL - Southside