overview
Capital City Partners (“CCP”) is a multi-use real estate investment and development company located in Austin, Texas. Since its inception in 2002, CCP has capitalized 10 projects through private and institutional investment with a total cost of over $250 million upon full build-out. CCP utilizes its local relationships and expertise in land entitlement and construction as well as leasing and management to create and maintain long-term investor value. CCP is actively pursuing new projects ranging from $15 - $75 million of size in retail, mixed use, office or industrial product types. CCP was founded by partners Joe Lamy and Chris Whitworth.
Cap City Partners Creates Value
Market Analysis
- Knowledge of historic local trends allow broad insight to existing market condition.
- "Ground Floor" land inventory supply / demand analyses for all product types.
- Site-specific utility and engineering studies for land site feasibility analyses.
Land Aquisition
- Reputation of past performance on multiple contracts garners trust by future prospective sellers.
- Knowledge of local engineering and entitlement process provides best info and less risk at closing.
Entitlement Procurement
- Positive tract record with neighborhoods and city officials garners trust for future development projects
- Demonstration of long-term investment in community provides security for municipalities and officials.
- Knowledge of local entitlement and engineering processes helps reduce risk prior to land closing.
Asset Construction
- Multiple GC relationships from past projects allows access to real time costs and efficient utilization of various contractor services.
- Consistent pipeline over time creates “demand” for new contractors to sell future services in all product types.
Leasing / Management
- Vested relationships with Aquila and Pyramid provide Class A leasing and management services for all assets.
- Weekly team meetings” on all assets helps identify problems while also creating solutions to potential future problems.