Island Cove Development

We identify sites for residential redevelopment, generate a business plan tailored for the project and ownerships timeline, and have a keen understanding for what merchant builders value in an opportunity.

The ICD team has a meticulous process to evaluate acquisition targets. We meet inp person with city staff  to understand project or jurisdictional specific nuances. We research and confirm city fees and provide detailed processing pathways in each location.

Our financial underwriting is based on years of work directly for and with public and private homebuilding companies. We create detailed financial cash flows using the most current market information, while  running targeted sensitivity analysis tto test key financial assumptions. 

Island Cove Development can serve as the public face for a client’s development project at with a city and at public meetings. Our expereince includes navigating the entitlement process through city staff,  negotiating Development Agreements, Conditions of Approval and other required approvals with municipal and agency stakeholders.   

The implementation of an approved project requires detail oriented execution of the business plan, while maintaining flexibility to adjust to changing market conditions and site specific developments.  As Project Manager, ICD acts as the project lead, managing third party consultants, city staff and public outreach. 

Key members of Island Cove Development have overseen the development and construction of thousands of finished lots. We can serve as the key bridge from your organization to the field, relaying real time information and increasing the efficiency of site development.