Hope & Main- a Culinary Business Incubator
reuse of a 1930's vacant public school building into a series of commercial
kitchens, classrooms, a food processing center for local farmers and fishermen,
business and marketing offices, event space, year-round
town/farmer's marketplace on grounds.
client: Hope & Main, a non-profit
scale of investment: $3.5mm; construction begins in the Spring of 2013
program: A series of adaptive reuse development investments in
historic Downcity Providence. The multi-year
effort includes numerous buildings and properties as part of a strategic development
initiative to increase residential and retail options within the central urban
neighborhood, and to foster economic vitality.
role: Development; feasibility; economic analysis; acquisition; due diligence; property tax
strategy; budgeting and pro
forma creation; capital structuring (debt, equity and tax credits); process management.
scale of investment: Multiple projects ranging from $9mm-$50mm
Street, Providence ("Superman" Building)
program: Iconic 400,000+
square foot historic commercial building in the Financial District of Providence is
completing a feasibility
study to outline opportunities to reposition or to redevelop the property.
role: Feasibility analysis; market; economic analysis; budgeting; pro forma creation.
client: Property owner
scale of investment: Project represents $100mm+
in potential investment.
estate assets, and to reposition underutilized assets for private hospitality and residential uses.
role: Business planning; strategy; economic analysis; site identification; programming; budgeting; pro forma creation and management; investment and capital structuring; capital sourcing; development and process management.
scale of investment: Varies.
Enterprises - Winery and vineyard
role: Business planning; strategy; market
analysis; feasibility; programming; all aspects of development and financial consulting.
scale of investment: $50+mm
Mashpee Commons Extension
Economic analysis; budgeting; pro forma; capital structuring; regulatory and policy
issues regarding affordable and mixed income housing.
client: Mashpee Commons
scale of investment: $50+mm
Proposed 124 residential unit adaptive reuse of former industrial buildings and a 6+ acre waterfront
to the joint venture, Rustpoint managed all aspects of an 18-month effort to
develop the property into a mixed income/affordable apartment building, as well
as an additional 75 new construction units and 50,000 SF of commercial
space. The development stalled after
securing LIHTC and other funding sources and entitlements. Previous client was McCormack Baron Salazar
of St. Louis in partnership with Olneyville Housing Corp.
scale of investment: $31mm
Woonasquatucket Urban Environmental Education Center
role: Programming; development; regulatory; economic analysis and budgeting; critical path; project/process management.
client: WRWC, a 501c-3
scale of investment: $4.2mm program
East Bay Energy Consortium
development of a public/private, 25 MW wind energy facility on behalf of eight municipalities in the East Bay of
client: East Bay Energy Consortium (EBEC)
scale of investment: $55mm
program: 65 unit smart growth/pocket neighborhood. Includes the historic rehabilitation of a dilapidated mansion and grounds with the addition of a new cottage community. In town, walk-able village that services ski areas and Main Street in Bethel, ME.
role: Development; programming; budgeting; pro forma; financing.
partner: Minority owner
scale of investment: $16mm
Providence Gateway Plan/'Shooters'
development plan and strategy for high profile waterfront parcel in Providence.
role: Business planning; case study research; stakeholder outreach; feasibility; programming; regulatory; economic and development.
client: Head of the Bay Gateway/Fox Point Neighborhood Assn. (with funding via the City of Providence)
program: 110,000+ square foot public
charter school and campus. School is now
located in Pawtucket, RI and is in the process of relocation and expansion.
role: Planning/strategy; process management; programming; regulatory, economic and development; site evaluation.
client: International Charter School (ICS)
scale of investment: $15-35mm