WE KNOW LAS VEGAS
Development
J.A. Kennedy Development Company has years of experience envisioning, planning and coordinating real estate development projects through completion in Las Vegas, NV.
The Las Vegas market surely has its idiosyncrasies; however, you should not become hostage to them. As we worked through past development projects, we realized the need for competent help in developing real estate projects in the Las Vegas market, so we launched JA. Kennedy Development Company as a complementing affiliated enterprise.
We understand the marketplace. We’ve developed projects in each of the four Las Vegas jurisdictions:
Clark County City of N. Las Vegas
City of Las Vegas City of Henderson
This is important in Las Vegas due to the decentralized planning boards in each of the jurisdictions. We can successfully guide your project through completion no matter where it is located.
Successfully completed development projects in a wide range of property categories:
1.5M sqft Shopping Center
Big Box Retail
Pad Retail Development
Multi-Tenant Retail
Restaurant
Convenience Store
Gas Station
Drive-Thru Establishments
Development Process
The early stage of a project focuses on due diligence, research, and permitting. It is often the most variable in duration. Some of the common steps in this phase include:
- Market analysis and feasibility studies
- Land acquisition or securing option rights to purchase land
- Environmental assessments
- Surveys
- Site plans, development plans, and building plans
- Permitting
- Some infrastructure improvements
- Arranging construction financing
The middle stage involves constructing the improvements. Common steps in this stage include:
- Vertical construction
- Project marketing
- Drawing on construction financing
- Pre-leasing
- Arranging permanent financing (if not done during pre-development)
- Arranging for the property manager (if not done during pre-development)
The final stage of the development process, operation, is the first stage of the building’s life. Some activities during the final stage include:
- Ongoing marketing and leasing
- Finding a buyer, if not done earlier
- Determining a hold strategy, if not selling
- Ramping up property management
- Achieving stabilization
Interactive 3D Site Progress Map
Testimonials
Joe is a leader who leads from the front with wisdom and high ethics. I have built two very successful land development projects under his astute guidance, and I am very appreciative of the J.A. Kennedy team for their complete support in my real estate development journey.