Development 360
Development 360 is a mentoring program for ULI members that provides an in-depth case study of one of San Antonio’s most exciting real estate projects, facilitated by a prominent local developer. The program provides a detailed overview of a real estate project, from start to finish utilizing a set course curriculum that teaches the process of real estate development. Participants will also foster long lasting professional relationships through close collaboration with other San Antonio real estate professionals.
(APPLICATIONS FOR 2023 DEVELOPMENT 360 ARE NOW CLOSED.
WATCH FOR 2024 DEVELOPMENT 360 NEXT YEAR!
Development 360 Program Goals
- In-depth and detailed sharing of best practices and pitfalls within the development process
- Seed future understanding of basic development principles and practices that leads to better projects
- Provide a collegial and non-competitive atmosphere to learn and grow within your respective fields
- Expand professional network and build relationships with peers and senior real estate leaders
THE 2023 DEVELOPMENT 360 CASE STUDY
The Soto Office Building and Make Ready Market Food Hall with Hixon Properties
The 2023 Development 360 Case Study is on the city block comprised of The Soto office building and Make Ready Market food hall at the corner of Broadway and 8th Street. The Soto is a ground-up 140,000 SF mass timber Class-A+ office building, and Make Ready is an adaptive reuse project encompassing two old automotive buildings that have been repurposed into F&B establishments – Make Ready Market and Idle Beer Hall & Brewery. Rounding out this block is Mila Coffee Shop and nearly ½ an acre of courtyard space. The block is the first phase of a larger neighborhood development being led by Hixon Properties.
Hixon Properties Incorporated is a privately held real estate investment company based in San Antonio, Texas. Since HPI’s establishment in 1975, HPI has been in the business of acquiring, developing, and managing properties that range from downtown luxury hotels to suburban self-storage facilities.
PRESENTERS
Hunter Kingman, Vice President – Acquisitions and Development, Hixon Properties
Brittany Rosenthal, Development Manager, Hixon Properties
THE SOTO AND MAKE READY MARKET PROJECT SPECIFICATIONS
| LOCATION: | 711 Broadway, San Antonio, TX 78215 |
| TYPE: | Mixed use |
| SIZE: | 2-acre city block with 140,000 SF office building, 18,000 SF of adaptive reuse buildings and a stand-alone 200 SF coffee kiosk |
| STATUS: | The Soto is complete; Make Ready Market and Idle Beer Hall are under construction (estimated completion late summer 2023) |
| DEVELOPED BY: | Hixon Properties Incorporated |
| DESIGNED BY: | Lake|Flato Architects, BOKA Powell, and Studio8 Architects |
| CONSTRUCTED BY: | Byrne Construction Services |
DEVELOPMENT 360 CURRICULUM & MEETING SCHEDULE
Curriculum: The curriculum is based on the Development 360 Case Study and follows the life of the project’s development from concept to completion. Typical curriculum begins with site selection, due diligence, and market research, goes through the phases of permitting, design, and construction, all the way to marketing and lease-up.
Curriculum is divided into 6 sessions, taking place over the course of 3 months. Sessions follow a pre-determined curriculum designed by the developer and based on the case study site. Meetings feature guest speakers, presentations, and study assignments.
Upon acceptance into the Development 360 program, 100% attendance and participation is expected over the course of the program. If you are unable to make a meeting, you should inform ULI Staff and Development 360 chairs.
DEVELOPMENT 360 CALENDAR FOR 2023
| SESSION DATES (8:00-9:00 am) | SESSION TOPIC |
|---|---|
| Wednesday, September 13, 2023, 8:00-9:00 am | Session 1 - Portfolio Assemblage |
| Wednesday, September 27, 2023, 8:00-9:00 am | Session 2 - Where Should We Start? |
| Wednesday, October 11, 2023, 8:00-9:00 am | Session 3 - Design |
| Wednesday, October 25, 2023, 8:00-9:00 am | Session 4 - Construction |
| Wednesday, November 8, 2023, 8:00-9:00 am | Session 5 - Marketing & Lease Up |
| Wednesday, November 29, 2023, 8:00-9:00 am | Session 6 - Operations & Next Phase |
2023 DEVELOPMENT 360 PARTICIPANTS
Dia Alyfantis, Project Control
Colton Brehm, Jordan Foster
Derrick Burnett, Card & Company
Jared Chase, Realty SA
Elliott Coelho, USI Insurance Services
Collin Dilling, Hogan Real Estate Services
John Franklin, Studio 8 Architects
Channary Gould, COSA Planning Dept.
Bert Hargesheimer, CPS Energy
Tom Hull, Skanska
Omar Hinedi, Affinius Capital
Harley Hubbard, COSA Transportation Dept.
Gavin Huse, Ridgemont Properties
Phil Jeong, Killam Development
Stephen Kauffman, Bitterblue, Inc.
Edson Martinez, The NRP Group
Pacifique Mwabo, JE Dunn Construction
Leslie Pacheco, 5 Talents, Inc.
Erika Ragsdale, COSA Neighborhood & Housing Services Dept.
Garrett Renken, Bartlett Cocke
Gerry Romero, HDR
Christopher Roper, JLL
Stephen Schneider, Hilltop Partners RE Services
Brandon Thomas, VIA Metro Transit
Juan Valdez, COSA Office of the Mayor
Nate Weeks, Kimley-Horn