StoneCreek Partners Extends China Alliance

[ Beijing, CHINA ]

StoneCreek Partners announced today the appointment of real estate industry veteran Anthony Ching to lead StoneCreek Partners ACCG, a strategic alliance for the provision of services to clients in mainland China and Hong Kong.  The alliance’s name follows the predecessor name of StoneCreek PSI although the principals involved have not changed.

StoneCreek Partners ACCG  will continue to provide the same owner representation, feasibility, leasing, and development services, as the firm provides to clients in other regions.

Anthony Ching is a media and marketing expert with a long experience in real estate, hospitality, and retail projects.    Mr. Ching is a graduate of the Business School at The University of Western Ontario.    He will continue to manage the alliance offices in Beijing and Shanghai.   Prior to forming the StoneCreek ACCG alliance and his own firm, he has served in a variety of capacities as a senior executive with such companies as Grey Advertising where he directed the agency’s China client portfolio.

“We are pleased to have Anthony Ching in a leadership role in this longstanding alliance,” said Donald Bredberg, Managing Director of StoneCreek Partners, “since our days in Beijing creating the Universal Studios Experience with PSI as general contractor, we have enjoyed a productive working relationship and as we always say, … sweating the results alongside owners.”   StoneCreek Partners has existing strategic partners in other regions, providing additional access to design, engineering support and hospitality project services.

StoneCreek Partners is an advisory firm with more than 20 years experience in retail, destination resorts, and themed entertainment.   Based in the U.S., the firm works with client projects and businesses in China, the Pacific Rim, Europe, the Americas, the GCC, and Africa.  The firm also coordinates creative services of its affiliate, Adventure Entertainment Company (www.adventureEC.com).

For more information, visit the company’s website at www.StoneCreekChina.com, or contact Anthony Ching at anthony.ching@stonecreekllc.com.

 

StoneCreek Forms Sub-Saharan Africa Alliance

[ Lagos, NIGERIA ]

StoneCreek Partners announced today the formation of StoneCreek Partners (Africa), a strategic alliance represented by real estate and hospitality veteran, Baxter Slaton.   StoneCreek Partners (Africa) will offer the same owner representation, feasibility, and development services, as the firm provides to clients in other locations.

Baxter Slaton is a U.S. expatriate with a long experience in real estate, hospitality, and retail projects.    Slaton is a graduate of the University of Southern California (“USC”).   He is based on Lagos, Nigeria.   He has served in a variety of capacities as a senior executive with such companies as Silverbird Group, where he has directed the mall group, human resources, and corporate affairs – all in Nigeria.

“We are excited with the opportunities available through this association with an old friend,” said Donald Bredberg, Managing Director of StoneCreek Partners, “Baxter is highly experienced in his own right and also understands our style of service – sweating the results alongside owners.”   StoneCreek Partners has existing strategic partners in Egypt and Morocco, providing access to engineering support and hospitality project services on the continent.

StoneCreek Partners is an advisory firm with more than 20 years experience in retail, destination resorts, and themed entertainment.   Based in the U.S., the firm works with client projects and businesses in China, the Pacific Rim, Europe, the Americas, the GCC, and now Africa.

For more information, visit the company’s website at www.StoneCreekAfrica.com, or contact Baxter Slaton at baxter.slaton@stonecreekllc.com.

 

 

North Kohala Big Island Resort

The extreme north tip of the Big Island of Hawaii comprises the North Kohala District. Portion of this historic country, the birthplace of Kamehameha the Great, were acquired by a Japanese railroad magnate with the intention of creating a large-scale, master-planned destination resort and retirement community.

Market studies, product concepts, financial feasibility, and other pre-development matters were integrated in an initial land use and development plan for the property.

Location:  Big Island, Hawaii, USA
Client:         North Kohala Ranch Co.

Universal Studios CityWalk Florida

Themed Entertainment / Retail Ideation
Product Concepting
Retail Master Plan
Tenant Mix and Leasing Plan

StoneCrek Partners  worked with Jim Garber & Associates in providing pre-development technical advisory services to MCA Recreation Services management in charge of the Universal Studios CityWalk Orlando planning effort.

At that time, MCA was partnered with The Rank Organisation Plc in developing Universal City Florida (UCF), and the working name for CityWalk Orlando was “The Entertainment Zone at UCF” or the “E-Zone.”

Through a series of technical memoranda, recommenations were offered as to design strategy, “best practices” retail entertainment tenant leasing strategies, lease deal structuring and related lease bond yields, all-in development cost “not to exeed” considerations, food and beverage sensibilities, among other matters.

At that time, the facility was being prepared for direct competition with Disney’s Pleasure Island / Disney Village Marketplace, the Church Street Station project in downtown Orlando, and the Mercado shopping village on International Drive.

Location:   Orlando, Florida, USA
Client:         MCA Recreation Services (now Universal Studios Recreation Group).

 

 

Marne La Valle Golf Village

Financial analysis assignment to support client’s Strategic Planning Dept. oversight of master-planning efforts for this large-scale themed entertainment and master-planned destination resort, in this instance, for a golf village planning area as part of overall Marne La Valle master planning at lands dedicated for Euro Disney (now Paris Disneyland).

Work included a market study to evaluate and recommend various homebuilding product types for this residential golf village, including potential integration of American homebuiding product types for this French project. Residential products types, both attached and detached, were included with master planning efforts of the land planning and civil engineering team. Financial analysis of resulting builder residuals (assuming sale of pads to third-party homebuilding firms), and planning area profitability yield was then added to overall Marne La Valle bottom-line implied land valuation.

Marne-la-Valee is home to The Disneyland Resort Paris, situated 20 miles to the east of Paris. The site includes hotels, restaurants, a campsite, shops, the golf course noted here, and the Disneyland Paris Theme Park and Walt Disney Studios.

Location:   Marne la Valle (Paris Region), France
Client:         Walt Disney Co., Strategic Planning Dept.

 

Real Estate Feasibility Studies

Real estate feasibility studies refer to analysis conducted prior to making an investment or taking a course of action. The analysis includes consideration of time to be devoted, capital costs, and risks, among many such factors.

 

A feasibility study will typically include consideration of multiple stakeholders in most projects – for real estate, this includes the developers, space (end) users, corporate sponsors, local residents, local governments, and investors, among others. Each party has unique issues and concerns with regard to feasibility, and deal structuring needs to reflect such concerns.

 

 Market Support 

 

Market support analysis typically address a number of critical issues concerning the existing and future market support for a proposed facility: Demographic Profile — Development of the demographic profile of the primary end-user of the client company’s products and/or services.

 

Demand Projections — Development of a market area demand model based on available demographic information and the application of common sense statistical models to develop a picture of the current and future marketing area trends that may effect demand (and thereby affect market penetration and sales revenues).

 

Supply Projections — Preparation of market area supply information to include the effects of historical, current and potential future market competition (direct and indirect) that may impact the project’s market penetration opportunity and prospective sales revenues.

 

Recommended Facility and Amenities — Investigation of the primary marketing area in terms of the end-user’s expectations as to the delivery of additional services, amenities, and programs that effect the cost of service delivery on an ongoing basis.

 

Development Recommendations — As feasibility consultants we look for development of a sustainable market niche that should place the client company’s business at a distinct advantage over competitors (assuming the client company’s operations are professionally executed and managed on an ongoing basis).

 

 Financial Projections & Analysis 

 

StoneCreek Partners Resource pages are provided freely and without limitation for personal, private, non-commercial use, and may be linked to as a source page. All resource page information is based on 30 years of practitioner’s experience of StoneCreek Partners’ principals in the retail, themed entertainment, hotel and resort, residential, and commercial real estate industries.