The development of real property is at the very core of any real estate practice and encompasses a multitude of disciplines. Clark Hill has the experience, expertise and depth to provide the panoply of services necessary to bring a project to a successful conclusion. Clients who rely upon Clark Hill for their development needs include regional and national developers, home builders, retailers, manufacturers and non-profit corporations. Our clients’ projects include residential and commercial subdivisions and condominiums, multi-family affordable housing, planned unit developments, mixed-use projects, shopping centers, office developments, industrial parks, hotels and recreational and entertainment venues. We take the project from initial acquisition, through project financing, sales and leasing, and disposition. Clark Hill lawyers are with you every step of the way as needed.
Clark Hill attorneys will provide you with practical experience, resulting in manageable expectations. Our due diligence efforts and support address issues involving environmental liability, conditions of title and insured risks, surveys, financing, tax incentives, governmental approvals and permitting.
The advantage Clark Hill provides to our real estate clients is the bench strength of 200+ lawyers multi-disciplined in virtually every area of law being accessible as needed for your project. This full-service approach gives you the benefits of one-stop shopping and quicker turn-around time, while maintaining a coordinated awareness of the many issues at hand.
Some examples of recent projects include:
- Redevelopment of the iconic Argonaut Building in Detroit, Michigan at a project cost in excess of $150,000,000 through a multi-layered tax credit transaction involving State and Federal Historic Tax Credits, New Market Tax Credits, Brownfield Tax Credits, tax increment financing, tax abatement, tax exempt bonds and equity and construction financing.
- Redevelopment and expansion of a nearly 400 unit senior living campus in Grand Rapids through Economic Development Revenue Bonds for a non-profit owner/operator.
- Acquisition, leasing and development of multiple nationally recognized franchised restaurants for both franchisors and franchisees.
- Development of over 30 single-family and multi-family projects in Southeastern Michigan having a value in excess of $200,000,000 for one of the nation’s largest home builders.
Development of multi-building condominium complex in Troy, Michigan as the headquarters for a first-tier automobile supplier.