RODA Company Profile
Overview of RODA's development philosophy and goals along with external market examples of similar development companies and precedent projects.
Overview of RODA's development philosophy and goals along with external market examples of similar development companies and precedent projects.
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MODELS
IN ACTION
/
Architects
As Developers
RO/DA
TAMARKIN
(ARCHITECT/DEVELOPER)
Founded in 1994 Cary Tamarkin’s decision to move into real
estate development came down to one issue: money. It has
since amassed an impressive roster of projects, focusing
primarily on condominium buildings. Their projects have
garnered acclaim for their aesthetics and sensitivity to the
urban context. For Tamarkin, development has afforded
them the opportunity to both make profit and continue to
pursue their passion for the art of architecture.
JONATHAN SEGAL
(ARCHITECT/DEVELOPER)
Jonathan Segal has designed and developed 245 medium to
high-density urban residential, mixed use, and live/work units
in San Diego. He is considered one of the areas most successful
developers and claims that the extra control gained through
the architect/developer model has been an asset in keeping his
developments out of trouble and profitable. He states that he
has only been sued three times in the past three decades — a
low rate for the construction industry”.
(THE UNION, 4 UNIT TOWNHOUSE)
(550 W 29TH ST, 19 UNIT RENTAL/CONDO)
BARRET DESIGN
& DEVELOPMENT
(ARCHITECT/DEVELOPER)
Based in New York City, Barret Design + Development was
founded in 2005 and prides itself on the value of design. As
an architect developer, the are able to “control outcomes,
and create spaces that hold value”. The firm has completed
over 10 projects, specializing in condominiums with project
sizes ranging from 6,000 – 24,000sf. They have achieved over
100% return in equity on completed projects to date.
ALLOY
(ARCHITECT/DEVELOPER)
Founded in 2006, the architectural skill set at the foundation
of Alloy is what they believe gives them an edge in acquiring
difficult sites. “We find the things that other people can’t
address because we can do the due diligence to solve
the problem. We can see something that a lot of the other
development companies might not be able to.” For Alloy
this approach has proven lucrative, and has allowed it to consistently
out-perform its competition. Average sales prices for
many of Alloy’s developments have outpaced the Brooklyn
average per square foot, at times by significant amounts.
On 192 Water Street, for instance, the sales price per square
foot was 33 percent above the average in the area. Alloy’s
projects have also sold quickly. 55 Pearl Street, a townhouse
development in DUMBO, Brooklyn, sold out only months into
construction and did so at significant premiums, fetching
between $4.1m and $4.8m per unit, well above the projected
sales price of $3m per unit.
(DUMBO TOWNHOUSES, 5 UNITS)
(3 E 3RD ST., 5 UNIT CONDO)
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