Development

Terraco has led the successful completion of over five million square feet of retail and office development, including Class A office buildings, stand-alone retail properties, neighborhood shopping centers and medical offices. We have been responsible for millions of square feet of construction on tenant premises. We are well versed in every aspect of the development process.

Our reputation in the development community as a results-oriented team stems from our history of on-time and on-budget delivery. Terraco can manage every stage of the development cycle, from land acquisition to entitlements and leasing, financing, construction, operations and sale. We provide complete tenant coordination and project management services. Our deep industry experience and strong relationships with top quality architects, contractors and other service providers contribute to project success.

On several occasions, clients have asked Terraco to take over developments from others to achieve timely completion at the desired level of quality. We’re equipped to analyze distressed projects, provide solutions supported by cost-benefit analyses, and guide those projects to their highest value.

Development Services:

  • Land assembly and acquisition
  • Land use and site planning
  • Environmental review and compliance
  • Architectural plans and management
  • State, County and Municipal approvals and zoning
  • Municipal incentives and contributions
  • Financial planning and proformas
  • Contractor contracts
  • Construction loan and draw management
  • Lease negotiations and execution
  • Tenant coordination