{"id":279,"date":"2018-12-26T21:46:22","date_gmt":"2018-12-26T21:46:22","guid":{"rendered":"https:\/\/us-developmentgroup.com\/?page_id=279"},"modified":"2019-02-15T01:53:57","modified_gmt":"2019-02-15T01:53:57","slug":"projects-completed","status":"publish","type":"page","link":"https:\/\/us-developmentgroup.com\/?page_id=279","title":{"rendered":"PROJECTS COMPLETED"},"content":{"rendered":"\n

Development Projects<\/h2>\n\n\n\n

The principals of U.S. Development Group have been involved in the real estate development field for over thirty years. During this time, they have undertaken a wide variety of projects both for their own account, as well as serving as development managers for clients. Some examples of this work include the following properties:
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6500 Wilshire Blvd.\ufeff<\/h2>\n\n\n\n

This building is a 1,000,000 square foot class A office tower in Los Angeles, California that rises 32 stories. The building was developed in partnership with Cadillac Fairview. The general contractor was Turner Construction and Charles Luckman was the architect.<\/p>\n<\/div>\n\n\n\n

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10990 Wilshire Blvd \ufeff<\/h2>\n\n\n\n

This building is a 500,000 square foot, 28-story, class A office tower located in the Westwood section of Los Angeles. Containing approximately 500,000 square feet of space, the project was built by Turner Construction and Thomas Landau Architects was the design firm. <\/p>\n<\/div>\n<\/div>\n\n\n\n

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Manchester Center<\/h2>\n\n\n\n

This is a 1,030,000 square foot mixed use property in Fresno, California that USDG has redeveloped. When acquired by our client, it was only 30% occupied. We converted and leased over 300,000 square feet to office use; built a 16 screen stadium seating movie theater; added restaurants; and, revitalized the retail core. Today the property has over 90% occupancy and we are working on a second phase of redevelopment.<\/p>\n<\/div>\n\n\n\n

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Summit Place Mall<\/h2>\n\n\n\n

Located in Waterford, Michigan, this property contains more than 1,300,000 square feet of space and USDG is redeveloping it as a joint venture partner. When completed, it will include a major retail component anchored by Sears, Kohl\u2019s and J.C. Penney. In addition, a minor league baseball stadium and associated entertainment venues are part of the plan.<\/p>\n\n\n\n

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10560 Wilshire Blvd.<\/h2>\n\n\n\n

This project is a 382 unit condominium tower located in the Westwood section of Los Angeles. Developed in partnership with Pankow Construction, the residences were all successfully sold prior to the completion of construction. <\/p>\n<\/div>\n<\/div>\n\n\n\n

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Park Fifth<\/h2>\n\n\n\n

This project is a mixed use property located in downtown Los Angeles and USDG is serving as the development manager. Upon completion, Park Fifth will contain approximately 2,500,000 square feet of improvements and include 772 residential units, retail space, restaurants, and a five star hotel. One of the towers will rise 76 stories and make the project on of the ten tallest residential buildings in the world.<\/p>\n<\/div>\n\n\n\n

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Salt Ponds<\/h2>\n\n\n\n

\n\nThis project is a planned recreation community in Hampton, Virginia for which USDG served as the development manager. Centered around a 255 slip marina, this project included 120 residential condominiums and 98 single family homes which were all sold. The property also had core retail facilities which USDG leased.\n\n<\/p>\n<\/div>\n<\/div>\n\n\n\n

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RiverWinds<\/h2>\n\n\n\n

This is a mixed use project in West Deptford, New Jersey that\nis permitted for a 250 room hotel and conference center, 510 units of\nresidential density, a 150 slip marina, an indoor tennis center, a community\nrecreation center and an 18 hole championship golf course. USDG is the\ndevelopment partner in the project and all the recreational facilities and\ninfrastructure are in place.<\/p>\n\n\n\n

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8636 Third Street<\/h2>\n\n\n\n

This property is a class B office tower located in Los Angeles. It contains approximately 150,000 square feet of leasable space and 8 stories.<\/p>\n<\/div>\n\n\n\n

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Tishman West and Buckeye Portfolios<\/h2>\n\n\n\n

\n\nIn conjunction with two investor clients, the principals of USDG\nredeveloped twenty office towers in and around the Beverly Hills area of Los\nAngeles. The properties were acquired and renovated with new lobbies and common\nareas. Rents were increased for these repositioned assets and they were\nsuccessfully leased. Among these properties were:\n\n\n\n<\/p>\n\n\n\n