Presidio Development Partners, LLC.
A Real Estate Investment and Development Company

290 Ferguson Townhomes

Mountain View (San Francisco Bay Area), California
Project Description: 103 unit townhome project involving the redevelopment of an existing 85,000 square foot industrial building on a brownfield site in central Silicon Valley.
Challenge: To design and obtain all city approvals for the demolition of an existing industrial project in order to build 103 townhomes in a dense suburban setting involving environmental issues.
Results: Obtained all city approvals for a 103 townhome project on a fast-track basis and sold site to a home builder resulting in investors profit projections being exceeded.
Details: Commencement Date: April 2004. Completion Date: Feb. 2006. Current Status: Sold development site.
Total Value: $18 million.