Leading Lane's push into the region is Ted Doody, a local consultant and developer who's planning to build the team to roughly 10 in the next two years. "As the number of projects that we take on along the Gulf Coast grows so will our office," he explains to GlobeSt.com.
In recent months, Doody says he's been quietly laying the foundation for the Lane subsidiary rollout in Alabama, Mississippi and Louisiana. The development associate says projects are brewing in Huntsville and Birmingham so he's now mining the Louisiana fields for development sites, inland and along the coast for Go-Zone projects and traditional for condos, apartments, townhouses and mixed use.
Doody says the Lane affiliation allows him to move from condo-only projects into the mixed-use arena, utilizing the parent company's in-house team for financing, design and construction. "As a developer, I have the ability to do more things," he says. "It gives me the opportunity to expand into mixed use and larger project development."
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