Franklin Construction Company was retained by Tadian Homes to obtain site plan approval for Bridgewater Estates, a subdivision to be built in Troy, Michigan. FCC negotiated the development agreement terms, presented at the Troy Planning Commission and obtained site plan approval on behalf of its builder client. Groundbreaking will be in the spring of 2013. Homes are anticipated to be sold in the $400,000 price range.
Archives for 2012
Hunter Pasteur Homes, a Farmington Hills, Michigan building company retained Franklin Construction to entitle and develop the Stonegate South Subdivision in Orion Township, Michigan. Franklin Construction will provide financial analysis, due diligence investigation, pre-engineering and construction management services to entitle and develop the 115 lot subdivision. Construction is anticipated to commence in early 2013.
The Jaffe Law firm retained Andrew Milia as an expert witness to testify in the arbitration case BGT vs Three Oaks Property Fund as the plaintiff’s expert in a real estate fraud case involving numerous multi-million dollar real estate investments in the Michigan market. The plaintiffs and its legal team were successful in the case and awarded damages against the defendant.
Franklin Consulting Company was retained by Coastal Ventures, LLC to handle the sale of Eastfield Commons, a Charlotte, North Carolina residential subdivision built during the national housing recession. Franklin Consulting was retained to market, negotiate and facilitate the sale, on behalf of the owner, to national homebuilding companies. The property was ultimately sold to D.R. Horton, the nation’s largest homebuilding company.
Franklin Construction Company was retained by Hunter Pasteur Homes to develop Stoneleigh, a 70 lot subdivision in Lyon Township. Franklin Construction will provide technical assistance in the due diligence phases including wetland delineation, geotechnical investigation, value engineering as well as site plan approval and construction management services. The first phase is anticipated to be completed in the summer of 2013 and will feature homes in the $400,000 plus price range. Total home construction will be in excess of $30,000,000.
Franklin Construction Company was retained by Tadian Homes to obtain site plan approval on behalf of Northbrooke East, a subdivision to be built in Rochester Hills, Michigan. FCC presented and obtained approval from the Rochester Hills Planning Commission on behalf of its builder client.