A look behind the curtain of large scale Real Estate Development - by BGI Group- Feb 12.14
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Transcript of A look behind the curtain of large scale Real Estate Development - by BGI Group- Feb 12.14
BGI Development GroupReal Estate DevelopersDevelopment Managers
Project ManagersConstruction Managers
Property Managers
Tuesday, February 11, 2014 CopyrightTuesday, February 11, 2014 Copyright-- All Rights reserved All Rights reserved -- The Bridgeton Group Inc.The Bridgeton Group Inc. Page 11
Ian Jones, Pres. BGI Group – www.bgigroup.ca
“YOU CAN MAKE A DIFFERENCE”
A Discussion on Real Estate Development
Humber College
and
BGI Group
Feb. 05, 2014
BGI Development GroupReal Estate DevelopersDevelopment Managers
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Page 2
Ian JonesIan Jones-- a snapshot a snapshot ……50 YEARS IN 5 MINUTES50 YEARS IN 5 MINUTES
�� -- 6060--63 WCCI Scarborough 63 WCCI Scarborough -- GR.12 GR.12 -- BEATLES/WOODSTOCKBEATLES/WOODSTOCK
�� -- 19631963-- 68 68 -- 5 YRS 2 MAJOR GC5 YRS 2 MAJOR GC’’s (QS) s (QS) -- TRENT & WATERLOO UNIVERSITIES;TRENT & WATERLOO UNIVERSITIES;
TTC GREENWOOD SUBWAY YARDS; GARDINER EXPWY TTC GREENWOOD SUBWAY YARDS; GARDINER EXPWY (JARVIS TO SPADINA)(JARVIS TO SPADINA)
�� -- 6464--67 RYERSON NIGHTS (QS)67 RYERSON NIGHTS (QS)
�� -- 6868--72 Mathers & Haldenby Architects (HQ QS) 72 Mathers & Haldenby Architects (HQ QS)
-- 1MIL SF ROBARTS LIBRARY; TGH ; ST. MIKES; UNIVERSITY BUILDINGS 1MIL SF ROBARTS LIBRARY; TGH ; ST. MIKES; UNIVERSITY BUILDINGS
�� -- 7272-- 75 CONCORDIA PROJECT MANAGERS 75 CONCORDIA PROJECT MANAGERS --Contracts Manager/Q.SContracts Manager/Q.S
-- PRINCE HOTEL Toronto (400 rooms) / HILTON Richmond St. Toronto PRINCE HOTEL Toronto (400 rooms) / HILTON Richmond St. Toronto (600 rooms)(600 rooms)
�� -- 7676--79 WOODCOCK PROJECT MANAGERS 79 WOODCOCK PROJECT MANAGERS –– VP & Contracts Manager/Q.SVP & Contracts Manager/Q.S
–– SYDNEY NS CITY HALL; ELI LILLY PHARMA PLANT TORONTOSYDNEY NS CITY HALL; ELI LILLY PHARMA PLANT TORONTO
�� -- 80 80 -- PRESENT PRESENT -- DEVELOPMENT COs. DEVELOPMENT COs. -- PRESIDENT OFPRESIDENT OF
BGI GROUP; BGI USA; BGI PANAMA; BGI CAPITALBGI GROUP; BGI USA; BGI PANAMA; BGI CAPITAL
i.e. CONSTRUCTION & PROJECT MANAGEMENT EXPERIENCE PLUS DESIGNi.e. CONSTRUCTION & PROJECT MANAGEMENT EXPERIENCE PLUS DESIGN /ENGINEERING/ENGINEERING
= a true Developer= a true Developer…….the .the ““Master BuilderMaster Builder”” of the Past.of the Past.
BGI Development GroupReal Estate DevelopersDevelopment Managers
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Page 3
Tuesday, February 11, 2014 CopyrightTuesday, February 11, 2014 Copyright-- All Rights reserved All Rights reserved -- The Bridgeton Group Inc.The Bridgeton Group Inc.
BGI Development GroupReal Estate DevelopersDevelopment Managers
Project ManagersConstruction Managers
Property Managers
Page 4Tuesday, February 11, 2014 CopyrightTuesday, February 11, 2014 Copyright-- All Rights reserved All Rights reserved -- The Bridgeton Group IncThe Bridgeton Group Inc..
BGI Development GroupReal Estate DevelopersDevelopment Managers
Project ManagersConstruction Managers
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Page 5
�� BGI WEBSITEBGI WEBSITE www.bgigroup.cawww.bgigroup.ca
�� 1) LAND; 1) LAND;
�� 2) PLANNING & DESIGN;2) PLANNING & DESIGN;
�� 3)SALES & MARKETING; 3)SALES & MARKETING;
�� 4)LEGAL & FINANCE; 4)LEGAL & FINANCE;
�� 5)CONSTRUCTION; 5)CONSTRUCTION;
�� ------ ASSET MANAGEMENTASSET MANAGEMENT
Tuesday, February 11, 2014 CopyrightTuesday, February 11, 2014 Copyright-- All Rights reserved All Rights reserved -- The Bridgeton Group Inc.The Bridgeton Group Inc.
BGI Development GroupReal Estate DevelopersDevelopment Managers
Project ManagersConstruction Managers
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�� CASE STUDIESCASE STUDIES
-- 1246 YONGE ST. 1246 YONGE ST.
TORONTO TORONTO
CONDOS CONDOS -- 1331 BAY TORONTO1331 BAY TORONTO
OFFICES/RETAIL OFFICES/RETAIL CONDOS CONDOS
OFFICES/RETAILOFFICES/RETAIL
-- 370 KING W 370 KING W -- HOLIDAY INN (NOW HYATT) ON KINGHOLIDAY INN (NOW HYATT) ON KING
TORONTOTORONTO
450 ROOMS450 ROOMS
+ 200,000SF OF+ 200,000SF OFFICESFICES
-- 30 ACRES 30 ACRES –– MARKHAMMARKHAM
600 CONDOS REV.600 CONDOS REV.TO 200 THTO 200 TH
-- VILLAGE PARC VILLAGE PARC --MILTON MILTON -- 155 UNITS 155 UNITS ––
Page 6Tuesday, February 11, 2014 CopyrightTuesday, February 11, 2014 Copyright-- All Rights reserved All Rights reserved -- The Bridgeton Group Inc.The Bridgeton Group Inc.
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Page 7
�� -- MAPLE MAPLE -- RESIDUAL VALUE RESIDUAL VALUE -- DAYSPRING DAYSPRING --30 ACRES 30 ACRES ––BRAMPTONBRAMPTON
MASTER PLAN 700 CONDOS + 160 BED LTCMASTER PLAN 700 CONDOS + 160 BED LTC
-- ST.JAMES CATHEDRALST.JAMES CATHEDRAL
–– ADELAIDE & CHURCH ST. TORONTO ADELAIDE & CHURCH ST. TORONTO -- WHITBY WHITBY --20 ACRES KCI 20 ACRES KCI --19 ACRES19 ACRES--TORONTO TORONTO
-- 200 YR HERITAGE 200 YR HERITAGE -- 3,000 BURIED 600 UNITS+120KSFCOMM. CONF./HOTEL/OFFICE3,000 BURIED 600 UNITS+120KSFCOMM. CONF./HOTEL/OFFICE
KEYS KEYS --
1. 1. -- DENSITYDENSITY + + APPRAISALAPPRAISAL = ADDED VALUE EQUITY (PRIOR TO DEVELOPMENT)= ADDED VALUE EQUITY (PRIOR TO DEVELOPMENT)
2. 2. -- MARKETMARKET DEMAND (NOT NECESSARILY WHAT DEMAND (NOT NECESSARILY WHAT YOUYOU WANT) WANT)
3. 3. --CHOOSE PATH OF PROGRESS COMBINED WITH PROVINCECHOOSE PATH OF PROGRESS COMBINED WITH PROVINCE’’S S ‘‘PLACES TO GROWPLACES TO GROW’’
4. 4. -- PURSUE PATH OF LEAST RESISTANCE MUNICIPALLYPURSUE PATH OF LEAST RESISTANCE MUNICIPALLY
5. 5. -- SEEK A PERFECT BALANCE OF AESTHETICS, ECONOMICS, AND MARKET APPSEEK A PERFECT BALANCE OF AESTHETICS, ECONOMICS, AND MARKET APPEALEALTuesday, February 11, 2014 CopyrightTuesday, February 11, 2014 Copyright-- All Rights reserved All Rights reserved -- The Bridgeton Group The Bridgeton Group
Inc.Inc.
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Page 8
�� CURRENT FOCUS CURRENT FOCUS -- ““ LAKEVIEW VILLAGE AT WHITBY HARBOURLAKEVIEW VILLAGE AT WHITBY HARBOUR””
��
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Tuesday, February 11, 2014 CopyrightTuesday, February 11, 2014 Copyright-- All Rights reserved All Rights reserved -- The Bridgeton Group Inc.The Bridgeton Group Inc. Page 9
CUTTING EDGE SUSTAINABLE INTERGENERATIONAL COMMUNITY CUTTING EDGE SUSTAINABLE INTERGENERATIONAL COMMUNITY
““LAKEVIEW VILLAGE AT WHITBY HARBOURLAKEVIEW VILLAGE AT WHITBY HARBOUR””––500 UNITS & Commercial500 UNITS & Commercial
Generic Representations
LEED/Net Zero Targets
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Page 10
�� POSTGRAD POSTGRAD –– CONSIDER COUPLING THE ARCH OR ENG CONSIDER COUPLING THE ARCH OR ENG
DEGREE WITH RICS DESIGNATION (MRICS)DEGREE WITH RICS DESIGNATION (MRICS)
�� RICS WEBSITERICS WEBSITE –– www.rics.orgwww.rics.org HQ LONDON ENGLANDHQ LONDON ENGLAND
�� 120,000 PROPERTY PROFESSIONALS WORLDWIDE120,000 PROPERTY PROFESSIONALS WORLDWIDE
�� MRICS ARE USED IN MOST PROPERTY DEVELOPMENTMRICS ARE USED IN MOST PROPERTY DEVELOPMENT
�� USED BY MOST FINANCIAL INSTITUTIONS AS LOAN USED BY MOST FINANCIAL INSTITUTIONS AS LOAN
MONITORS AND WORKOUT EXPERTSMONITORS AND WORKOUT EXPERTS
�� -- BEST MIX FOR A DEVELOPER?BEST MIX FOR A DEVELOPER?
�� PRODUCES A VERITABLE POWERHOUSE IN THIS BUSINESS PRODUCES A VERITABLE POWERHOUSE IN THIS BUSINESS
WITH MANY CAREER PATHS.WITH MANY CAREER PATHS.
�� CHECK OUTCHECK OUT www.rics.orgwww.rics.orgTuesday, February 11, 2014 CopyrightTuesday, February 11, 2014 Copyright-- All Rights reserved All Rights reserved -- The Bridgeton Group The Bridgeton Group
Inc.Inc.
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A few words from Ian JonesA few words from Ian Jones’’ School of Hard KnocksSchool of Hard Knocks……..
Page 11
�� IF ONE WORD (I.E. IF ONE WORD (I.E. DENSITYDENSITY……) FROM WHAT YOU HEARD HERE ) FROM WHAT YOU HEARD HERE
STAYS WITH YOU, THIS MAY BE WORTHWHILE FOR YOUR FUTURE.STAYS WITH YOU, THIS MAY BE WORTHWHILE FOR YOUR FUTURE.
�� ONLY CONSIDER ONLY CONSIDER ‘‘YESTERDAYYESTERDAY’’ FOR WHAT IT CAN TEACH YOU FOR WHAT IT CAN TEACH YOU
ABOUT ABOUT ‘‘TOMORROWTOMORROW’’. DON. DON’’T DWELL ON THE PASTT DWELL ON THE PAST
�� WORK AS MUCH WITH YOUR HEART AS YOUR HEADWORK AS MUCH WITH YOUR HEART AS YOUR HEAD
�� HAVE FAITHHAVE FAITH-- WHETHER IN YOURSELF OR SOMETHING GREATERWHETHER IN YOURSELF OR SOMETHING GREATER
�� HAVE COURAGE AND TENACITY AND DEVELOP THAT HAVE COURAGE AND TENACITY AND DEVELOP THAT
ENTREPRENEURIAL SPARK INSIDEENTREPRENEURIAL SPARK INSIDE
�� YOU YOU CANCAN MAKE A DIFFERENCEMAKE A DIFFERENCE
�� IN FACT, YOU CAN GO INTO ALL THE WORLD AND MAKE A IN FACT, YOU CAN GO INTO ALL THE WORLD AND MAKE A
DIFFERENCE ( THE GLOBAL ARENA).DIFFERENCE ( THE GLOBAL ARENA).
Tuesday, February 11, 2014 CopyrightTuesday, February 11, 2014 Copyright-- All Rights reserved All Rights reserved -- The Bridgeton Group Inc.The Bridgeton Group Inc.
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Page 12
�� AND CONCLUDING: AND CONCLUDING:
IN THE WORDS OF WINSTON CHURCHILL IN THE WORDS OF WINSTON CHURCHILL FROM 1944 FROM 1944 --
�� ““ WE SHAPE OUR BUILDINGS AND AFTERWARDS OUR BUILDINGS WE SHAPE OUR BUILDINGS AND AFTERWARDS OUR BUILDINGS
SHAPE USSHAPE US””
�� GOOGLE CAN ELABORATE HIS MEANING FOR YOU BETTER THAN I....GOOGLE CAN ELABORATE HIS MEANING FOR YOU BETTER THAN I....
Tuesday, February 11, 2014 CopyrightTuesday, February 11, 2014 Copyright-- All Rights reserved All Rights reserved -- The Bridgeton Group Inc.The Bridgeton Group Inc.
BGI Development GroupReal Estate DevelopersDevelopment Managers
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Page 13
�� Your emails are welcomedYour emails are welcomed……. . [email protected]@bgigroup.ca
�� Now go make a difference.Now go make a difference.
�� THANK YOU.THANK YOU.
LAST THOUGHTLAST THOUGHT…………. .
�� INTERGENERATIONAL COMMUNITIES INTERGENERATIONAL COMMUNITIES -- ‘‘BACK TO THE FUTUREBACK TO THE FUTURE’……’……
Tuesday, February 11, 2014 CopyrightTuesday, February 11, 2014 Copyright-- All Rights reserved All Rights reserved -- The Bridgeton Group Inc.The Bridgeton Group Inc.