bill's property photo album
TRANSCRIPT
Property Portfolio & Capability
Bill Wright B.Com MBA
As either Development Manager, Development Consultant or Developer
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Index
• Capability
• City of Adelaide Projects
• Adelaide Metropolitan Projects
• South Australian Country Projects
• Interstate Projects
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Capability
Bill WrightB.Com, MBA
RETAIL – regional, district and local shopping centres
RESIDENTIAL – low, medium and high-rise projects
OFFICE – small and large developments
TOURISM – Accommodation & Attractions
MIXED USE – large, complex projects
Extensive experience working with local, State and Commonwealth governments and all kinds of professionals (lawyers, architects, urban planners, traffic consultants, engineers, surveyors, quantity surveyors, builders , interior designers, tourism operators etc)
Key factors for success in property development:• concept development and screening (inc. economics of finished development)• clear strategic-level design briefs• written and verbal presentation skills and consultation for planning approvals• market research, target marketing and clear value propositions• sound financial modelling and sensitivity analysis• contract design, management and administration• solid project management of time, cost and quality
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City of Adelaide Projects
• “Ru Rua” Townhouse Development Project - Barton Terrace, North Adelaide
• Hutt Street - Shopping Project
• Franklin Street - Office Re-Development Project
• North Terrace - International Hotel Feasibility Study
• Frome Street - “Elder Mews” Residential Project
• Hurtle Square – Townhouse & Office Project
• Study of Supply & Demand for Office Space in the City of Adelaide (1950-1980
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• Subdivision & development• Restoration & additions to 7 bluestone 2 story mansions• Additional 5 new townhouses• Sale of adjoining block for 5 townhouses • achieved heritage listing afterwards
RU RUA TOWN HOUSE DEVELOPMENTBarton Terrace, North Adelaide
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Re-development study for Southern Farmers building as a new Head Office (Franklin Street, Adelaide)
Victoria Square
Franklin Street - Office Re-Development Project
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North Terrace - International Hotel Feasibility Study
Design & Financial Feasibility for a new international hotel on the site with the red border.
As part of a take-over offer for a consortium led by Bill Wright for a listed company (D&J Fowler Ltd) – which was rejected in favour of a higher bid.
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Frome Street - “Elder Mews” Residential Project
• restoration of 13 bluestone townhouses• purchase of site from Adelaide City Council (with lowest price of 13 tenders but with highest quality assessment)• achieved heritage listing afterwards
Angas Street
Frome Street
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Hurtle Square – Townhouse & Office Project
Hurtle Square
Pulteney St
Gilles Street
Developer of 7 townhouses facing Hurtle Square, 2 offices facing Gilles Street and 4 office sites for development by others
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West Lakes Projects
• West Lakes Project Site Map
• West Lakes Regional Centre
• “Allinga” Townhouse Development Project
• Other lakeside townhouse projects
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• LAND RECLAMATION• STRATEGIC PLANNING• SUBDIVISION• SITE SALES• PLANNING APPROVALS• SELECTED DEVELOPMENT PROJECTS *
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My Role:Manager, Delfin Management Services (prime responsibility was for selected development projects *)
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WEST LAKES PROJECT
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• Development Manager – Stage 2 (incl. John Martins Department Store, Kauri Centre, fast-food, specialty shops)
• Oversight of Centre Management
WEST LAKES REGIONAL SHOPPING CENTRE
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Sportsman’s Drive, West Lakes SA
Development Manager – 67 townhouses
“Allinga” Lakeside Townhouse Development”
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“Shoreline” – 48 rental apartments (oversight of employee project manager only)
Other lakeside townhouse projects
Lakefront Apartments (original feasibility was for 2 high-rise apartment towers and 16 x 4 storey apartment blocks )
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Adelaide Metropolitan Projects• Presgrave Court (Grange SA) – Cluster Housing Project
• Pelican Point Project
• Northpark District Shopping Centre
• Marion Regional Centre
• “Estcourt House” (Grange, SA) - Tourism/Residential Project
• Retirement Housing Project (Stirling)
• Novar Gardens Shopping & Housing Project
• Lockleys medium density housing projects – Project 1, Project 2
• Craigmore Shopping & Recreation Site
• Port Adelaide Office Block
• Also - Market research for other developers of neighbourhood shopping centres at Gepps Cross, Windsor Gardens, Greenacres, Newton
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“PRESGRAVE COURT” (Grange, SA)CLUSTER HOUSING PROJECT
Development Manager for 10 uniquely designed detached houses on smaller allotments (in cluster design). A pioneering project for small allotment housing , popularised later in other major projects).
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My Role in the Original study • all of the market research, target market profiling and demand estimates• all of the financial feasibility modelling (for total site and each component)• design input (based on sensitivity analysis in the financial modelling)
My role in the amended study – for a reduced area of 235 hectares• revised site design criteria• revised financial feasibility model
• Another “West Lakes” type project• 470 hectares• a Multi-Functional Polis Project• Client: MFP Australia• marina • retail centre • international hotel• conference centre• riverfront condominiums• low/medium density housing.• 2 golf courses
PortRiver
PELICAN POINT PROJECT
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Incl. Woolworths, Moores & 36 specialty shopsNote: Coles replaced Moores at a later date)
NORTHPARK DISTRICT SHOPPING CENTRE, PROSPECT SA
Main North Road
Regency Road
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MARION CULTURAL CENTREDevelopment Management & Business Plan
Strategic Planning for 12 hectare site
MARION REGIONAL CENTRE
WESTFIELD MARION
Domain Project - a $100m development project involving expansion of the Marion Regional Centre (inc. strategic planning, strategic alliances, business planning, marketing planning, urban planning, property planning & development, economic development, information technology, community development etc.)
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Development feasibility study was:• convert “Estcourt House” into an hotel• 3-storey beachfront holiday apartments• 5 apartment blocks on vacant land at rear• recreation facilities
Beachfront at Grange, SA
“Estcourt House” Tourism/Residential Development Project
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Retirement Housing Project (Stirling)
Prepared detailed feasibility analysis for given site & building designs
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Mt Lofty – tourism site feasibility study
Gatehouse Ruins
Main ruins of St Michaels Monastery (destroyed by fire)
Site area (circled in blue)
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Concept Planning for a cluster hobby farm and community (Adelaide Hills)
City of Adelaide
Freeway
Stirling
Concept Plan discussed with planning authority, but Manoah mansion was burnt down and purchase contract voided.
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Novar Gardens Shopping & Housing Project
Development management for potential 20 acre site (ex Lightburns factory site). Site design included small shopping centre and remainder of sit for cluster housing.
Plan submitted to Housing Trust (owner of the land) and negotiations later terminated, following which they went ahead and did the development themselves.
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Lockleys medium density housing - Project 1
Development management for potential 20 semi-detached houses on Lockleys Bowling Club Site. Contract of purchase subject to council approval. Plans submitted to council and refused.
6 months later Council went ahead with the development in a joint venture with the Housing Trust for a remarkably similar development.
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Lockleys medium density housing - Project 2
Site planning & feasibility for large vacant site for medium density housing, but purchase fell through when vendor accepted a higher offer.
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Craigmore Shopping & Recreation Site
Consultant to SA Land Commission for site planning & development
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SA Country Projects• Victor Harbor – beachfront apartment feasibility studies
• Victor Harbor – mixed use feasibility
• Victor Harbor – leisure complex feasibility study & environmental management plan
• Mt Compass – tourism attraction site feasibility
• Mt Lofty – tourism site feasibility study
• Wardang Island - tourism site concept study
• Mt Gambier, large scale shopping/office development
• Concept Planning for a cluster hobby farm and community (Adelaide Hills)
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Victor Harbor – beachfront apartment feasibility studies
Development feasibility study for owner (prior to sale & construction of above building).
Similar to advice given to owner of large development site here, prior to sale.
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Victor Harbor – mixed use feasibility
Advise owner on purchase of development site and potential for motel development. Site near turn-off to Goolwa.
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Victor Harbor – leisure complex feasibility study & environmental management plan
360 acre proposed cluster subdivision for horse-oriented holiday owners. Each owner had a title for a housing allotment of 3 acres and a share in the common land, run by a manager. First developed proposal of its kind in SA.
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Mt Compass – tourism attraction feasibility
Consulting assignment for SA Government and local council to prepare a feasibility study for a major tourist attraction on vacant land. The product concept was considered excellent. The feasibility study included:• a concept site plan• a schedule of proposed accommodation• target marketing• financial modelling for development and operation
Adelaide
Kangaroo island
Victor Harbor
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Wardang Island - tourism site concept study
Selected consultant by SA Government. Site visit, discussions with local aboriginals and report back to SA Government on concept feasibility for development of Wardang Island (size approx. 7km x 4km)
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Mt GambierLarge scale shopping/office development
Assisted in pre-feasibility analysis, including development strategy, discussions with council and local member of Parliament and target marketing etc
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Interstate Projects
• Alice Springs – “Elkira Court” Motel Project (Bath Street)
• Darwin – Site Concept Study
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Alice Springs – “Elkira Court” Motel Project (Bath Street)
Development Consultant and Manager for financing and construction of new accommodation wing.
Plus pre & post construction business plan, budgeting and management advice