Page 10 - Protea Waterfront Development Brochure
P. 10
Creating A Governance Plan Aligned with Your Marketing and Exit Strategy
Projects of Seaport’s scale and complexity require strategic, upfront governance structures to succeed. Our governance team – one of the largest and most experienced in the country – will partner with you at the outset to think through how the various Seaport project components fit together and will work with you to create a strategic development and sales program that aligns with your long-term plan and protects you from exposure to project liabilities. We have helped many of the nation’s largest developers do just this for mixed-use projects across the country.
Should Seaport include for-sale residences, we also have the expertise to help PWD understand regulatory requirements under the Bureau of Real Estate (BRE). We have close working relationships with top BRE officials and have helped our clients win expedited approval of numerous projects.
Our Governance Team’s Representative Experience
• Creating governance for Downtown San Diego’s 7th & Market project, Downtown San Diego’s first five star hotel project and one of California’s most complex mixed-use developments.
• Creating governance structure for Ballpark Village, including vertical governing documents involving underground parking areas and various mixed-use tower and podium projects within a single development governed by a mixed- use association.
• Creating the governance structure for Downtown San Diego’s Park & Market, which will involve retail, office, and residential affordable and market rate housing together with public and private amenities.
• Creating the governance for the newly approved Flight at Tustin mixed-use project in the City of Tustin, part of the redevelopment of the former MCAS base.
• Modified the governance structure for the Runway at Playa Vista, a mixed-use retail, office, and residential project, to accommodate the needs of the national retailers like Whole Foods and created vertical sub-associations.
• Created governance structure for Millennia, an integrated, urban town center featuring residential, retail, office, hotel, civic, and other uses in Chula Vista. Governance involves use of councils and districts to accommodate City parking and public use requirements.
• Created various associations, developed sales documentation, and processed BRE approval of Pacific Station, an infill mixed-use project in Encinitas consisting of commercial, restaurant, office, and residential space in a single building. Worked closely with Whole Foods and other commercial tenants to ensure leases and CC&R’s were not in conflict.
• Created governance structure for Civita, master-planned community with more than 4,000 residences and 900,000 square feet of retail, commercial, hospitality, and civic space. Advised the Master Developer on how to subdivide the property to ensure that the tentative map and other entitlements provided the flexibility needed to realize the Master Developer’s vision for the community. Created a multi-level association structure to bring together commercial and residential uses in one overall community association, while still preserving control by the commercial ownership interests.
• Working on governance structure for Escaya, a new mixed-use development in the City of Chula Vista, which is planned to include for-sale and rental housing, office, industrial space, as well as public and private use areas.
• Created governance structure and developed the sales and marketing program for The Hotel and Residences at L.A. Live in Downtown Los Angeles, a high-rise, mixed-use building consisting of a J.W. Marriott, a Ritz Carlton, and 224 luxury residential condominiums.
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