Private Development

 

A critical distinction in Ricker | Cunningham’s (RC) approach to private development assignments is formulation of a market strategy rather than a market study. RC’s founders strongly believe that a project’s feasibility cannot accurately be understood or quantified through the market lens alone. Rather, feasibility is a function of multiple matters, the absence of which can delay or diminish a project’s potential for success. A comprehensive market strategy, informed by multiple perspectives from the “delivery system,” will result in a development program that is market-tested, financially sound physically compatible and aligned with the policies and regulations of its host environment.  Key components of their methodology include:

  • Clearly defining the vision, theme and desired quality of development;

  • Identifying target markets and quantifying their depth;

  • Profiling potential user groups from both a demographic and lifestyle perspective;

  • Differentiating projects from their competitors and tapping into niche opportunities; 

  • Understanding financial implications and packaging funding packages; 

  • Working with other members of the pre-development team to maximize investment potential;

  • Defining public and private sector roles and responsibilities pre- and post-development.

Ultimately, they offer an accurate, independent and market-driven “story” for potential developer, builder, lender and investor audiences. Following is a representative list of private and institutional development clients who have benefited from their approach, and projects which have materialized because of their commitment to minimize risk and eliminate uncertainty:

 

  • Avalon Village (MI)

  • AVI Engineering (WY)

  • Bank One (CO)

  • Distinctive Systems Ltd. (CO)

  • Boulder Area Realtor Association (CO)

  • Burden Development Company (CO)

  • Case International Development Company (CO)

  • Colorado Springs Land Trust (CO)

  • David J. Erb Development Company (CO)

  • DR Horton (TX)

  • Dupont USA (CO)

  • Encore Capital Management (CO)

  • Excel Energy (CO)

  • Gold Hill Mesa Metro District (CO)

  • Griffis Blessing (CO)

  • Guernsey (OK) 

  • Hope Communities (CO) 

  • Hunt Development (TX)

  • Interlocken Development (CO)

  • Jackie Peterson Development Company (CO)

  • Jensen Family Trust (CO)

  • Katz & Sanger (CO)

  • Kennecott Land (UT)

  • King Ranch (NM)

  • Koch Industries (TX)

  • Legacy Partners (CO)

  • Lend Lease (CO)

  • LifeBridge Church (CO)

  • Lincoln Property Company (CO)

  • Loftus Development LLC (CO)

  • Marilyn Hickey Ministries (CO)

  • McCormach Baron (CO)

  • McShane Construction Company (AZ)

  • McStain Neighborhoods (CO)

  • McWhinney Development (CO)

  • Medite Corporation (OR)

  • Montgomery Farms (TX)

  • MorningStar (CO) 

  • Navajo Nation (AR Ι NM)

  • New Communities (TX)

  • Newland Communities (TX)

  • Northstar Commercial Partners (CO)

  • Norwood Development Group (CO)

  • Pacific Ocean Marketplace (CO)

  • Piton Foundation (CO)

  • Portland General Electric Ι Enron (OR Ι CA)

  • Public Service (CO)

  • Real Estate Council of Greater Fort Worth (TX)

  • Remax (CO)

  • Renizon Development Corporation (CO)

  • Richards Construction (CO)

  • Ridglea Development (TX)

  • RMC (CO)

  • Robinson Utah Property Holdings (UT)

  • Rocky Mountain Mutual Housing (CO)

  • St. Francis Hospital (OK)

  • St. Paul Riverfront Corporation (MN)

  • Salvation Army Intermountain Division DHQ (CO)

  • Silver Creek Meadows (CO)

  • Single Tree Development (CO)

  • Southern Ute Indian Tribe (CO)

  • Spectrum Development Solutions (WA)

  • Stapleton Redevelopment (CO)

  • Stonehocker Farms LLC (CO)

  • Sunshine Consultancy (CO)

  • Taubman Properties (CO)

  • Terry Erwin (CO)

  • Texas Builders Association (TX)

  • Texas Tech University (TX)

  • The Chotin Group (CO)

  • The Holt Group (CO)

  • The Rosen Group (CO)

  • The Wasatch Group (CO)

  • The Wolff Company (CO)

  • The Woodlands Development Company (TX)

  • The Woodmont Company (TX)

  • THF Realty (CO)

  • UC Health Medical Campus (CO)

  • Unocal Corporation (CO)

  • Valencia Group (CO)

  • Verde Realty (TX)

  • Wazee Partners LLC (CO)

  • WB Realty Partners (NY Ι CO) 

  • Weyerhaeuser Realty Investors (WA Ι CO)

  • Wheeler Realty (CO)

  • Windsor Restoration and Historical Association (CO)

  • Woodmen Valley Chapel (CO)

  • World Energy (OR)

  • Yegen Development Company (MT)

  • Zane Development Company (CO)