1. Projects: History and Capabilities
Ron Lindsey
RDL Associates
Creating Real Estate Solutions
2. 2
Ron Lindsey
Overview
• 35 years experience in commercial real estate (debt and equity financing, development, site planning, project
design, leasing, management, acquisitions and dispositions).
• 8.7 million square feet of retail, residential, hotel and office.
• VP of Development for private and public company developers/property owners (Most recently as the
Managing VP Development for AmREIT, a NYSE listed REIT).
• Broad experience with multiple classes of real estate:
• Mixed Use
• Retail
• Land Development
• Hotel
• Office
• Apartments
• Residential
• Houston Real Estate Council member since 2004 (served as president in 2007).
• Significant contacts within the City of Houston.
• Experience in Houston, Dallas, San Antonio and Atlanta.
• Structuring and restructuring businesses and joint ventures.
• Extensive professional network in the real estate development community.
• CFO for real estate development companies.
• Licensed Real Estate Broker in Texas.
• Certified public accountant with concentration in Federal taxation.
• Currently operating through RDL Associates, a jointly owned consulting firm.
Sample projects are presented in the following pages.
RDL Associates
Creating Real Estate Solutions
3. 3
Urban Mixed-Use project, Houston, Texas –
Pre-development Engagement
High density urban in-fill project in initial capitalization stage (images and location are not yet public).
Project will consist of high rise residential, retail, boutique hotel and office on two city blocks.
As pre-development consultant for the project, RDL Associates performed the following:
• Guided architect through revisions to conceptual plan necessary for proper interconnection of components.
• Obtained City of Houston JRC approval to abandon city street between the blocks.
• Created an overall budget, timeline and cap stack for a multiphase approach to the project.
• Scope and complexity of the project are beyond the capabilities of the owner, so I created a plan to co-develop
the project with residential, hotel and office developers.
• Created an Offering Memorandum for the residential co-development opportunity.
• Marketed co-development opportunity to selected parties and have obtained letters of intent from two highly
qualified multifamily developers.
RDL Associates
Creating Real Estate Solutions
5. 5
Woodlake Square– Redeveloped to a modern horizontal mixed use
project
Greatly improved site plan, new retail buildings and remodeled facades on retained buildings.
Pedestrian/vehicular corridor connecting retail project to residential component.
New 258 unit Class A residential project.
Randalls store and fuel station on ground leases, new store and fuel station built by Randalls at its expense.
RDL Associates
Creating Real Estate Solutions
6. 1
Uptown Park Shopping Center – Proposed Redevelopment
Before:
1. Low density retail project, lacking sufficient
mass to create synergism.
2. Islands of buildings surrounded by parking
lots.
3. Vehicular centric design discourages
pedestrian experience and increases
parking load through churning.
After:
1. Dense, urban mixed use project with luxury hotel, residential
and office components.
2. Increased retail GLA.
3. Pedestrian oriented project with ample structured parking.
4. Gathering places and green space added.
5. Adjacent to Post Oak transit system.
6. Access to Memorial Park.
7. Obtained approval from City and TxDoT to acquire ROW.
RDL Associates
Creating Real Estate Solutions
7. 7
5433 Westheimer Aloft
Completed Aloft Hotel - 152 Keys.
2 level garage future
site of Aloft Hotel.
Aloft Hotel completed.
Before
After
RDL Associates
Creating Real Estate Solutions
8. 8
5433 Westheimer Office – before
Building is dirty with outdated main entry stairs, outmoded
brick pavers on pedestrian deck, old, low grade restrooms,
and a small, poorly laid out main lobby.
Yorktown
RDL Associates
Creating Real Estate Solutions
9. 9
5433 Westheimer Office – Post Redevelopment
Building has been completely resealed and an
elastomeric coating applied. New motor-court and
fountain create a Class A presence.
New Ruth’s Chris restaurant.
RDL Associates
Creating Real Estate Solutions
10. 10
5433 Westheimer Office – Post Redevelopment
New Entry canopy, new expanded and open main lobby,
covered walkway to west garage, upgraded elevator lobbies,
new modern restrooms with “touchless fixtures”, and tunnel
connection between office building and Aloft garage.
RDL Associates
Creating Real Estate Solutions
11. 11
Lakes of Parkway – residential subdivision development
Jan 20082002
PROJECT: Sections 15 – 19 Lakes of Parkway
(Home prices range: $375,000 - $2m)
Single Family Lots 190
TH Lots 103
Total Lots 293
Lot construction, private streets, wet
and dry utilities, HOA annexation,
master builder lot contract, MUD, City
and TCEQ inspections and standards.
RDL Associates
Creating Real Estate Solutions
12. 12
Woodlake Pointe – Phase I Development completed
After :
1. New LA Fitness (building modified from square prototype to rectangular so
that front aligns with west improvements).
2. Cross parking with access to Tanglewilde.
3. Re-aligned cross access with McDonalds to improve parking.
4. New pylon signage.
Before: McDonalds
building is dated and
worn.
After: McDonalds is
inspired to build a
new, modern
McDonalds with new
parking lot.
Before: Church building obscures visibility of west building;
no cross parking, poor access to Tanglewidle.
RDL Associates
Creating Real Estate Solutions
13. 13
Preston Towne Crossing - Plano, Texas
Phase I:
Subdivide Kroger into multi-tenant building and backfill with
Trader Joes (1st Trader Joes in Dallas), Old Navy, Ulta, and
Famous Footwear.
Construct new floater building for Jos A Bank.
Before
After
RDL Associates
Creating Real Estate Solutions
14. 14
Preston Towne Crossing - Plano, Texas
Phase II:
Remodel south face of center.
Remodel existing floater building and backfill with Half Price
Books.
Before
Before
After
After
RDL Associates
Creating Real Estate Solutions
15. 15
Mac Arthur Park - Irving, Texas
Before
After (Completed Jan 2015)
1. Demolition of former Barnes & Noble and adjacent shell building to
accommodate 38,624 SF Kroger Expansion.
2. Create certified pad for Kroger expansion.
3. Remodel balance of Barnes & Noble to create leasable area.
4. Relocation of wet and dry utilities.
5. Revise main drive to create proper site drainage and access to
expansion area.
RDL Associates
Creating Real Estate Solutions
