Triad Developers Live the triad way

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Triad Developers Live the triad
way

• BCN 5754
• Arjun Paul
• Angela Jones
• Rainer Schmiedt

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(No Transcript)
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Parcel 1 View From NW Corner
Parcel 1 View of Homes By Hwy
Parcel 1 North End
Parcel 2 NW View - Divider Trees
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Market Analysis
Area Map Figures
Area Map Figures

• Nearest Cities
• Pop 50,000 Gainesville (18 miles)
• Pop 200K Jacksonville (58 miles)

• Hospitals/medical centers near Hawthorne
• North Florida Regional Center(20 miles Gville)
• Shands Hospital at the U of F (24 miles Gville)
• Shands at Starke (24 miles Starke)

Crime City-data.com crime index 893.3 (higher
means more crime, US average 330.6)

• Colleges/universities nearest to Hawthorne
• U of F (20 miles Gville)
• Santa Fe Community College (24 milesGville)
• Saint Johns River CC (29 miles Palatka)
• Central Florida CC (30 miles Ocala)
• Florida CC at Jacksonville (59 miles
  Jacksonville)
• Public primary/middle schools in Hawthorne
• Hawthorne HS
• Ochwilla Elementary
• Chester Shell Elementary

• Transportation
• Gainesville Regional (14 miles)
• Ocala Intl (31 miles)
• St Augustine (58 miles)
• CSX Rail Line
• Interstate 20 (E-W), US 301(N-S)

Sources http//www.city-data.com/city/Hawthorne-F
lorida.html http//mcdc2.missouri.edu/cgibin/brok
er?_Programwebsas.dp3_2k.sas_SERVICEsasappzi3
2640
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Market Analysis
Demographics Area Description

• Land Area 3.2 Sq. Miles (Rural)
• Total Region Population 10,523 72 Families
• Age 7,977 (75) Over 18 Yrs Old
• Total Households 4,156
• Avg. HH Size 2.56
• Median Annual HH Income 34,476
• Labor Force 4,681 4.8 Unemployed
• Mean Travel Time To Work 33 Minutes

• SHOPPING
• Gainesville Regional Mall 26 miles
• Millers Shopping Center
• Local Dept Stores Target, Dollar General

• AMENITIES
• Hawthorne Recreation Park (on Hwy 20)
• Lindsey Phillips Park
• The Lake Region (400)
• Hawthorne Historical Museum

• FIRE DEPARTMENT
• Hawthorne Fire Dept (1mile E on Hwy 20)
• Micanopy Fire Dept

• ABSORPTION
• SF New House Bldg Permits Cost
• 1996 5 Buildings, Avg. Cost 52,000
• 1997 5 Buildings, Avg. Cost 72,000
• 1998 0 Buildings
• 1999 8 Buildings, Avg. Cost 66,500
• 2000 2 Buildings, Avg. Cost 88,500
• 2001 0 Buildings

• ABSORPTION ESTIMATE
• Ashley Oaks 2003 4, 2004 10, 2005 1 (to
  date)
• TRIAD 9-12 units/Yr

Sources http//www.city-data.com/city/Hawthorne-F
lorida.html http//mcdc2.missouri.edu/cgibin/brok
er?_Programwebsas.dp3_2k.sas_SERVICEsasappzi3
2640
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Market Analysis
Supply

• Total Housing Units 5,118
• Occupied Housing Units 4,154 or 81
• Vacant Housing Units 964 or 19 Vacant
• Owner (vs Renter) Occupied 3,505 or 84

• THE OPPORTUNITY
• Large New Affordable Units
  (3 Br, 2 Ba HH Inc. 15K)
• Estimated Absorption 12-15 Units / Yr
• Estimated Capture 9-12 Units / Yr

Sources http//www.city-data.com/city/Hawthorne-F
lorida.html http//mcdc2.missouri.edu/cgibin/brok
er?_Programwebsas.dp3_2k.sas_SERVICEsasappzi3
2640
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hawthorne the design

• Site plan and regulatory environment

Live the triad way
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the unit

• Affordability without compromising quality in
  design.
• Both 3-plexes and 2-plexes have been used.
• Landscaping provides both the desired privacy for
  individual units and community feel for the
  cluster.

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the details
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the unit

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the cluster

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the cluster

• A community feeling .
• Lots of open spaces and green.
• Minimum paved area and hardscape.
• Visual interest is created by innovative
  alignment of units relative to each other.
• Park and Walk parking design approach
• Safe place for kids to play away from traffic in
  the center
• Entrance from both sides (for future development
  options)

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the site

• Designed to allow phased construction
• Very little built area
• Lots of open spaces
• 44 units fit in
• Good security no isolated units
• A wooded area right in the center which would
  help in stormwater mitigation also.
• Future road access can also be accommodated
• Density can also be increased if need be

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hawthorne finances

• Site development costs / annual cash flow

Live the triad way
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Unit Cost Breakdown
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Estimated Project Costs Absorption
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Annual Costs and Sources / Uses of Cash
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Construction Schedule
Construction Schedule
We Hope to Earn Your BusinessTRIAD Offers You
Great Value Flexibility!
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Thank you Live the triad way

• Arjun Paul
• Angela Jones
• Rainer Schmiedt