Development.
Using a thorough analytical approach, we evaluate each development opportunity in terms of its strategic position in the market, prospective cash flow, long-term value retention,existing debt and equity sources, and impact on the community. Our development team has the first-hand experience to guide a project from inception through completion. We work in collaboration with government agencies, financial institutions, contractors and architects to execute our vision for the project.
Forstone Capital’s development services include site selection, negotiation of taxes, analysis of operating costs and development incentives, capital budgeting, real estate acquisition/disposition, management of design and construction, and developing creative financing and occupancy structures to improve cash flow, reduce taxes, and maximize ROI.
Recent Projects:
Mechanics & Farmers 930 Main Street & 114 State Street, Bridgeport CT
- Completed and fully leased
- Historic Mechanics & Farmers building in the heart of downtown
- Restoration includes commercial and residential.
Click Here to view details on this property
777 Main Street Bridgeport CT
- Completed transformation of a long-vacant, vintage (1917) commercial building
- Serves as a gateway into downtown Bridgeport
- Developed a 21,000 SF office building, 100% leased by Casey Family Services
- Received the 2010 Connecticut Main Street Award of Excellence
Click Here to view details on this property
Our research is customized to the needs of each client and examines every element that has a bearing on the viability of a community for a major capital investment:
- Transportation cost and infrastructure
- Labor quality, availability and cost
- Labor union environment
- Taxes and incentives
- Financing structure
- Access to critical infrastructure, support services and resources
- Quality of life