cldc project pdf
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PDF of CLDC's projectsTRANSCRIPT
Real estate investment, development and property management.
CLDC is a nationwide real estate development, investment and property management company with a commercial real estate portfolio worth more than $200 million, located in Alaska, Texas, Arizona, California and Hawaii.
AN ALASKA NATIVE OWNED CORPORATION
CLDC is a wholly-owned CIRI subsidiary and a certified Minority Business Enterprise. Learn more at CIRI.com
• ground-up development• property management• sales and leasing brokerage services • partnership syndication
CLDC and its subsidiaries provide a full spectrum of including:
CIRI Land Development Company2525 C Street, Suite 500 • Anchorage, Alaska 99503
907.274.8638 • 907.263.5190 (fax)[email protected] • CIRIRealEstate.com
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SERVICESCLDC and its subsidiaries provide a full spectrum of real estate services including ground-up development, property management, sales and leasing brokerage services and partnership syndication. CLDC’s current focus is on developing existing raw land holdings and seeking new investment opportunities created by depressed market conditions for all asset classes.
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Pacific Tower Properties Inc. (PTP) is a CLDC subsidiary and Alaska’s premier commercial property management, sales, leasing and brokerage firm. PTP’s property management portfolio includes more than 50 properties and 4 million square feet of commercial and institutional space statewide.
PARTNERS
2550 Denali Street, Suite 500Anchorage, Alaska 99503
907.561.4010 (phone)PacificTower.com
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CLDC’s development projects range from Tikahtnu Commons, Alaska’s largest shopping and entertainment center in northeast Anchorage, to mixed-use office, retail and residential developments in Alaska, central Texas, Arizona and California, to raw land for sale or lease in Hawaii and Maryland.
PROJECTS
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CLDC PROJECTS
ALASKA PROJECTSTikahtnu Commons11000 CCIRI BuildingGourmet Corner11500 C Street BuildingTrunk Road ParcelPt. MacKenzie Parcel
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Tikahtnu Commons
CLDC’s largest Alaska real estate project is Tikahtnu Commons, a 950,000-square-foot, $100-millionplus project that is quickly becoming Alaska’s premier retail and entertainment center. CLDC teamed with Oakland, Calif.-based retail developer Browman Development Co. to develop this project on 95 acres of CIRI land in northeast Anchorage. Tikahtnu Commons broke ground in 2007 and is anchored by major national retailers including Target, Kohl’s, The Sports Authority, Best Buy and Lowe’s. Regal Cinemas opened a 16-theater complex including Alaska’s first IMAX theater in the center in June 2010. Retail sales have generally been strong at Tikahtnu Commons despite the weak national economy. Additional tenants started construction in 2010 and project buildout is expected to last another four years.
ALASKA
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11000 C
CLDC is developing several other Alaska projects. CLDC expects to start construction of a pre-leased, 40,000-square-foot office building in south Anchorage that is the first phase of a 22-acre mixed-use office and retail project that could include up to 100,000 square feet of office space plus additional retail and service businesses.
ALASKA
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ALASKA
CIRI Building
This five-story, 87,860-sq.-ft., Class A office building has been a solid performer since it was constructed in 1977 at a cost of $7.7 million. The building features an all-glass exterior and attractive design features. It is home to CIRI and other leading Alaska corporations including HDR Alaska, Peak Oilfield Services and Nabors Alaska. The steel and concrete building is situated on a 3.39-acre parcel that recently won the Anchorage TREErific award for landscaping. The building’s five story atrium makes the building standout as one of Anchorage’s most notable buildings.
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Gourmet Corner
This 20-acre South Anchorage property on the northwest corner of O’Malley Road and C Street is well-situated for mixed use and retail development. Its current site development concept includes two large retail buildings (80,000 and 60,000 sq. ft.) as well as smaller pads for retail or service businesses or other compatible uses.
ALASKA
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TEXAS PROJECTSLadera Master CommunitySonterra 281 PlazaEscondido North SubdivisionTuscany Heights SubdivisionLackland ParcelBurleson Road Parcel
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Ladera Master Community
CLDC owns 1,125 acres of land, formerly known as the Felder and Bengel Tracts, in West San Antonio. The combination of tracts is now called Ladera, which means “hillside” in Spanish. The parcel includes some of the area’s highest hill country and features panoramic views in all directions, including downtown San Antonio. The project has resort and golf course development potential, as well as multiple types of residential development. Frontage on Texas Highway 211 also has retail or multi-family development potential.
TEXAS
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Sonterra 281 Plaza
This exciting CIRI project started construction in 2009 on 22 acres of CIRI land in San Antonio, Texas. The finished project will include some 200,000 sq. ft. of space in three Class A office buildings, dedicated parking structures, two hotels and two restaurant pads. The much anticipated $200 million project is conveniently located adjacent to U.S. Highway 281, near leading San Antonio businesses.
TEXAS
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ARIZONA PROJECTSThe Retreat at SpeedwayTierra VidaMonterra
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