Small Scale Development Workshop

APA Virginia Chapter

#9176882

Thursday, May 16, 2019
8 a.m. - 5 p.m. EDT

Staunton, VA, United States

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Overview

The workshop is designed to introduce the principles and implementation mechanisms behind neighborhood based development projects, and offers specialized training about how to create small projects, like 1-3 story buildings with less than 20 units, which are residential, commercial or mixed in use. Through presentations on finance, design and site selection, a hands-on practice exercise, and networking with local like-minded people, this workshop is the first step to becoming a small developer or creating a supportive ecosystem for small development in Virginia.

 

7:30 AM: Workshop Registration Opens

8:00 AM: Welcome and Introductions

8:15 AM: Power of the Incremental Approach | Incrementalism is best paired with time. By rooting in a neighborhood, building relationships and making many small improvements over time, a small developer can build wealth in their community.  

8:35 AM: Business Models and Skill Sets | What kind of projects are you interested doing?  How will that be structured? What skills do you have and whose help do you need? 

9:45 AM: Right-Sizing Your Project | By evaluating zoning, financing tools, and building codes, a project can conform to systemic thresholds that control costs and minimize risk.

10:30 AM: Building Arts 101 | A small developer who understands architecture, urban design and planning fundamentals can create more value with their project while contributing to the health, safety, and welfare of their community.

11:30 AM: Market Research & Site Selection | Finding the right site or building as the critical first step to any development project. Understand how to establish a baseline range for the rents, sales and other variables in your neighborhood and pay the right price for property.

12:00 PM: Lunch at the Venue (Provided with Registration)

1:00 PM: Zoning | Understand the key regulatory basics that shape a project’s physical form and the typical processes that govern what is allowed by-right versus with special permission.  

1:20 PM: Project Pro formas | Get familiar with a financial pro forma template and the important concepts, key terms, and industry jargon that show how a building makes money.

1:40 PM: Hands-on Site Planning and Pro forma Activity | Apply everything learned so far in the day to layout a building on a site by following a sample zoning code and then filling out a project pro forma to see how the project performs financially under many conditions.

3:30 PM: Financing a Project | A great project needs a great plan for obtaining permanent mortgages and construction/renovation loans. To get there, a small developer will need a written financial package and a verbal pitch to present to a bank and/or private investor.

4:00 PM: Buying a Property | A basic overview of the process for purchasing property and the elements of the crucially important due diligence process.

4:30 PM: Wrap-Up | Q&A and Next Steps

5:00 PM: Conclusion

 

Resource URL

https://www.incrementaldevelopment.org/events/virginia

Speakers

Alli Thurmond Quinlan

Alli Thurmond Quinlan is an architect, landscape architect, and small infill developer. She founded and runs Flintlock Ltd Co (a multi-disciplinary design practice) and Flintlock Development (an urban infill real estate development company) in Fayetteville, Arkansas. She also served on the Fayetteville Planning Commission and the Construction Board of Appeals ... Read More

Eric Kronberg

Eric Kronberg specializes in examining and demystifying zoning ordinances to find ways to make great projects possible and help others navigate the zoning swamp. He uses his skills for the force of good as a principal at Kronberg Wall, leading the firm’s pre-development efforts by combining skills in planning ... Read More

Contact Info

Andrew Hopewell, andrew.hopewell@fauquiercounty.gov