The Small Scale Development Workshop on small scale real estate development is all about project formation. We take a big picture view of neighborhood-based development to help attendees analyze what makes a good project, how a building makes money, and how small developers interact with the broader ecosystem of professionals in the built environment.

IN PARTNERSHIP WITH:

Details

REGISTRATION
Students and Young Leaders ($150)
ULI and IncDev Members ($170)
Non-Member Registration Rate ($230)

Registration can be found via the Urban Land Institute (ULI) Northwest Arkansas events page here.

Please note: if you are a non-ULI member, you will be prompted to sign up for a free ULI member account upon registration completion.

COURSE OVERVIEW
You can find a course overview and more information about our workshops and who should attend here.

WORKSHOP AGENDA

Welcome and Introductions

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.  

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? 

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.

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.

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.

Lunch at the Venue (Provided with Registration)

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.  

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.

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.

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.

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

Wrap-Up | Q&A and Next Steps

Conclusion

Download Draft Full Detailed Schedule

Contact

Chloe Chapman · training@incrementaldevelopment.org · (479) 305-4807

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