BROWNFIELDS RE-PURPOSED RE-PURPOSING INFILL & BROWNFIELD TO CREATE FLOURISHING COMMUNITIES
THREE RIVERS PLAZA-LA CROSSE, WI
In partnership with Borton Construction, Three Rivers Plaza is a $35 million brownfield redevelopment project that transformed the area and will positively impact the community for generations. Collaborating with local La Crosse, WI business partners, we addressed land issues, environmental remediation, and infrastructure challenges. Utilizing TID, TIF, and local investment for financing, the site now features 44 condominiums, a Festival Foods grocery store, 12,000 square feet of retail, 30,000 square feet of office space, and a historic 12,000 square foot office building renovation.
CANDLEWOOD SUITES- LA CROSSE, WI
Built in the height of the great recession with bold focus on the future, the Candlewood Suites is a 92-room extended stay hotel built on a brownfield site. The site included remediation, floodplain mitigation, easements, and including SBA funding. Candlewood Suites was phase two of the catalyst project, Three Rivers Plaza, and was built to a higher design and material standard than franchise requirements. In a time when others would have postponed the project or lessened the quality our team continued to raise the bar with a long-term investment
Maximizing Returns, Mitigating Risk, and Delivering Single-Source Solutions One of the most difficult components of real estate development is understanding the underlying analytics of real estate assets: cash flows, tax consequences, market conditions, community analysis, strategic barriers to market entry conditions, environmental issues, long-term asset allocation, internal rates of return, critical operational structures, capital markets, interest rate risk, investor expectations, entity structures and exit strategies. We have strong skills and an aggressive professional-growth strategy that helps ensure the complexities of real estate development and ownership risk mitigation. With our assistance, assets may produce a higher yield of stable financial performance.
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Three Sixty Real Estate Solutions, LLC
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