Real Estate Journal — Pennsylvania — July 13 - 26, 2018 — 3C
M id A tlantic
Firm changes lives in distressed neighborhoods, while stimulating the economy Up-and-comer Kairos Development Group sets sights on impact real estate development in Greater Phila.
airos Development Group seeks to change lives in distressed
qualities and needs through a variety of interconnected strategies. Wieder has been a dynamic leader for over 15 years. Her deep experience in economic development, project manage- ment, business planning, and capacity building give her a bird’s eye view of how these various puzzle pieces dovetail together for optimal real es- tate development results. Over the last 18 years, Rob- inson has worked with public, private, and government sector clients to ensure project suc- cess in the areas of sustainable
development, strategic plan- ning, real estate development, and constructionmanagement. He has a real gift for envision- ing possibilities and cultivat- ing strategic partners and relationships. Kairos has the breadth of vision and expertise to employ multi-faceted strategies that produce successful outcomes which include: working with local communities in planning for their workforce, helping nonprofits turnaround or build capacity, partnering to de- velop economic and business development strategies and
planning and executing real estate development projects. Through real estate devel- opment, the firm has worked with many nonprofits when they have a building project by providing owner’s representa- tive and project management services; overseeing the proj- ect from funding to comple- tion. And now the firm has expanded into pursuing and developing its own portfolio of real estate projects in the greater Philadelphia area. Kai ros Deve lopment Group is located in Phila- delphia, PA .
neighborhoods, while stimu- lating the economy and pro- viding healthy returns to investors by pursuing impact real estate development op- portunities in the greater Philadelphia area. Minority- and women-owned firm Kairos Development Group is making its way onto the real estate development scene, pursuing opportuni- ties to provide a social impact model to its real estate de- velopment strategy. Kairos emphasizes building relation- ships with local communities, municipalities and counties in order to obtain an under- standing of the opportunities and needs of each location. Central to the Kairos modus operandi is considering each community’s unique qualities in laying out a plan, a special recipe of strategic ingredients to facilitate thriving. Managing partner and vice president Krista Wieder ex- plained the reason behind this strategy saying, “The way we do real estate development can have a major impact on the economic health of our cities. By creating social value through creative and innova- tive solutions, Social Impact Real Estate is becoming a win- win solution to some of our most seemingly intractable urban problems, particularly in redeveloping communities. By seeing the big picture op- portunities of the job market, housing market and related social needs, our plans ensure that there are no gaps that may have thwarted some of the previous, less comprehen- sive yet well-meaning real estate development efforts.” Managing partner and pres- ident Frank Robinson added, “Kairos continues to see itself as a catalyst for equitable yet profitable development. We do see these two as opposing forces, but two sides of the same coin that enhance place- based economic development.” Kairos partners, Robinson and Wieder each formerly had their own firms but decided to merge in 2016 as they realized their economic development strate- gies were well-aligned and their complementary strengths pro- duced an undeniable synergy. The two met and became friends while pursuing their MBA degrees in Economic
Development from Eastern University where they stud- ied various ways that eco- nomic development could empower people according to each community’s unique Krista Wieder & Frank Robinson
Just the Right Strategy. At Just the Right Time.
Specializing in: ¥ Mixed-use Development ¥ Impact Real Estate Development ¥ Creative and Sustainable Project Funding ¥ Economic Development Planning ¥ Joint Partnerships
As real estate professionals, Kairos Development Group grows communities, creating social and economic value through innovative, creative and sustainable solutions in a trust-based atmosphere. We walk with our clients from ideation to completion of a project, leveraging financing and using just the right strategy at just the right time.
2200 Arch Street, Suite 200 Philadelphia, PA 19103 215–359–9140
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