Archon Group, L.P.
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Development Group

The development group was established in 1994 to oversee the value enhancement/redevelopment of under-utilized assets located in attractive markets. This department provides both development and construction services through a specialized team with extensive experience in all real estate product types.

Our goals are to identify and capitalize on new development investment opportunities, and to maximize asset returns through the renovation of under-performing assets and through programs aimed at minimizing asset operating costs. With extensive knowledge in all areas of construction, we offer project management and consulting services, economic and market analysis, and the ability to structure creative joint-venture investment opportunities with third-party investors. In addition, this group works closely with the asset management team creating a unique team approach for conducting strategic market analysis, economic analysis and value engineering to increase portfolio returns.

We have successfully completed 34 projects, creating more than $60 million in net asset value. Approximately 20 projects are currently under construction with a projected capital investment in excess of $120 million. Our range of development activity includes the speculative development of an office building in Dallas, the extensive renovation of several high-rise multi family projects in South Florida, a joint venture multi family development in Central Texas and the renovation of a hotel in St. Louis.

We continue to explore new development and renovation opportunities within improving real estate markets throughout the country. Our vision and expertise, combined with our capital resources, position us for success in whatever direction the market takes. While others can't see past tomorrow, we are building for the future.

 
 
 



 
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