Soon after signing the purchase contract, we submitted a site plan to the city of Webster. The city’s response read, “Please move your proposed building, it is in the way of our proposed road.” Obviously the landowner and city were in the midst of a long-lived stalemate over the road alignment. Using a little creativity and a lot of compromise we helped the landowner and city reach an agreement.
We demonstrated how significant the penny sales tax was to the city revenue stream and helped the landowner get comfortable with a master plan that maximized the return on his remaining parcels. We were grateful for the long drawn out resolution. It allowed us to have the property 75% leased prior to closing. This was a true win-win for all.
During the marketing phase we became aware of the high level of restaurant demand. We made arrangements for the purchase of extra land for additional parking and designed extensive patios, fountains and landscaping.
Being our first major development, each ounce of progress blew us away. My wife and I rented a hotel room over looking the site to ensure front row seats to the rising of the tilt walls at 6:00 a.m.
Everyone tried to talk us into the faux stone due to its light weight and glue-on capability. We are fans of nice looking, mostly natural, long lasting materials that actually are what they appear to be – if you are going to build something, build it right.