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Illinois
The Weitzman Group undertook a market feasibility study and investment valuation for a 125 unit...
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Master-Planned Resort and Housing Development, Dutchess County, New York
Description
Conducted a marketability study and concept plan assessment for a proposed golf and outdoor recreation-oriented resort and residential development located in Dutchess County for the ownership/development entity. The Weitzman Group advised on a multi-use development to include over 600 residential units in the form of single family residences, townhomes, condominiums and fractional ownership units. Additionally, the creation of a resort-based hotel component with multiple restaurants, a spa, and numerous outdoor recreational amenities was recommended. Our study evaluated the physical characteristics of the subject site in terms of its physical configuration, investigated the residential for-sale market for both full-time and part-time/seasonal residents and ultimately recommended an appropriate unit mix, types and sizes, sale prices, and features for the residential units in each of the various components. In addition, the firm has assisted the developer during the planning, entitlement and architectural phases on an on-going basis.
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