Extracting Value From Land Keeps Development Afloat

Partner Engineering and Science Inc.’s Jenny Redlin says everyone is getting more comfortable with brownfield development.

COSTA MESA, CA—From infill redevelopment to dealing with brownfields, Orange County developers are finding ways to get projects done in a regulation-hampered market where land is scarce, said panelists at RealShare Orange County Thursday. During the panel session “Orange County Development: Getting Ahead by Building an Active Pipeline,” key players in the development field discussed the state of the market, what can be expected in the future and how they deliver despite the challenges.

Looking for sites that are not being used, where mixed-use projects and housing would thrive, is part of Trumark Homes’ strategy, said Eric Nelson, VP of community development. “Land owners are selling to guys like us because they can extract the value in that land.”