ULI Northwest Arkansas Incremental Development Alliance Workshop

When

2025-02-13
2025-02-13T09:00:00 - 2025-02-13T17:00:00
America/Chicago

Choose Your Calendar

    Pricing

    Pricing Members Non-Members
    Private $170.00 $230.00
    Public/Academic/Nonprofit $170.00 $230.00
    Retired $170.00 N/A
    Student $150.00 $230.00
    Under Age 35 $150.00 $230.00

    LOCATION

    Fayetteville Town Center 
    15 W Mountain St. 
    Fayetteville, AR 72701 
     
     
    The Small Scale Development Workshop on small scale real estate development is all about project formation. We take a big picture view of neighborhood-based development to to help attendees analyze what makes a good project, how a building makes money, and how small developers interact with the broader ecosystem of professionals in the build environment.

     

    REGISTRATION FEE

    ULI and Inc Dev. Members: $170

    Students and YLG Members: $150

     
    Non-Members: $230 


    More information about the Incremental Development Alliance can be found here: https://www.incrementaldevelopment.org/workshops
     
    WORKSHOP AGENDA


    Welcome and Introductions


    Power of the Incremental Approach: Incrementalism is best paired with time. By rooting in a neighborhood, building relationships and making many small improvements over time, a small developer can build wealth in their community.

     

    Business Models and Skill Sets: What kind of projects are you interested doing? How will that be structured? What skills do you have and whose help do you need?

     
    Right-Sizing your Project: By evaluating zoning, financing tools, and building codes, a project can conform to systemic thresholds that control costs and minimize risk.
     
    Building Arts 101: A small developer who understands architecture, urban design and planning fundamentals can create more value with their project while contributing to the health, safety, and welfare of their community.
     
    Market Research & Site Selection: Finding the right site or building as the critical first step to any development project. Understand how to establish a baseline range for the rents, sales, and other variables in your neighborhood and pay the right price for property.
     
    Lunch at the Venue: Included with Registration
     
    Zoning: Understand the key regulatory basics that shape a project’s physical forma nd the typical processes that govern what is allowed by right versus social permission.
     
    Project Pro forma: Get familiar with a financial pro forma template and the important concepts, key terms, and industry jargon that show how a building makes money.
     
    Hands-on site Planning and Pro forma Activity: Apply everything learned so far in the day to layout a building on a site by following a sample zoning code and then filing out a project pro forma to see how the project performs financially under many conditions.
     
    Financing a Project: A great project needs a great plan for obtaining permanent mortgages and construction/renovation loans. To get there, a small developer will need a written financial package and a verbal pitch to present to a bank and/or private investor.
     
    Buying a Property: A basic overview of the process for purchasing property and the elements of the crucially important due diligence process.
     
    Wrap Up: Q&A and Next Steps.
     
    Conclusion


    Questions about the Workshop: Chloe Chapman, [email protected]
     
    Questions about Registration: Candi Adams, [email protected]