Urban Advisory Services
BLACK LABEL provides consultative and project management services to increase and strengthen the value our clients carry in their real estate. Our clients are in both the public and private sectors and jointly share the desire to enhance their position and the overall market interest for their holdings.
PUBLIC SECTOR – We have provided strategic urban investment and catalytic TOD services to several municipalities looking to increase market interest in their transit served areas. We know how to make opportunities more appealing to investors and developers.
City of Rowlett, Texas – BLACK LABEL Client – After successfully securing a DART (Dallas Area Rapid Transit) Station and a new tollway connection, the City of Rowlett needed a quarterback to lead a process focused on implementation. BLACK LABEL repositioned the attractiveness of the city with developers nationwide and then we wrote, released and marketed an RFQ process for a 15 acre site in the middle of Downtown Rowlett. Our repositioning led to several national developers seeking to partner with the city, so we helped the city select its partner, negotiated on the city’s behalf and finalized a joint development of $35,000,000 to build a 250 unit catalytic urban TOD to kick start their Downtown. This project is nearing completion.
PRIVATE SECTOR – We focus in on the ways real estate assets can be repositioned to deliver more attractive returns. Sometimes our clients need help to think differently about their assets, other times they need a full team to add value to their real estate – we can handle both and everything in between.
Marilyn Hickey Ministries – BLACK LABEL Client – After occupying 10 acres at the corner of Orchard and I-25 in the Denver Tech Center (DTC), Marilyn Hickey Ministries (MHM) needed a project manager to help them reposition their asset, think through how to reuse it, think through where to go if they moved and define their space program under a relocation. BLACK LABEL, as their project manager, led all aspects of their analysis to help the ministry Board make quick and informed decisions throughout a multi-year project. BLACK LABEL orchestrated a private invitation to 16 well capitalized developers to help the ministry select a buyer. We completed the transaction on the ministry’s behalf and assisted them in purchasing their new home. The sale was the largest land transaction in the DTC for all of 2017.