CASE STUDY
West Pointe West
Sullivan successfully negotiated 1,000+ acre land sale to residential land developer for multi-phase takedown purchase. Sullivan negotiated in the assemblage / acquisition of the parent 3,200 acres known as Village at West Pointe, beginning in 1998 – the most prime development property in San Antonio, if not South & Central Texas.
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DOCUMENTS
LAND ASSEMBLAGE . ACQUISITION . LAND DISPOSITION
PROJECT
West Pointe West
LAND SIZE
1,500± acres
REAL ESTATE TYPE
Multi-use land tract : single family
LOCATION Far West San Antonio, Talley Road, at terminus of Alamo Ranch Parkway
SERVICES PROVIDED
Owner representative land assemblage, assisted in civil engineering planning, entitlement process, utility planning and negotiations, incentive package consulting, development agreement negotiations, easement acquisitions assistance, title matters clean-up, etc.
PROJECT OVERVIEW
Assisted owner in negotiations / entitlement process including: PID / PID reimbursement agreement, future POA agreement, options to purchase additional acreage, land restrictions, monument sign easements / specs, utility stub-out locations for owner-retained property.
RESULTS ACHIEVED
Negotiated 1,131+ acre land sale to residential land developer for multi-phase takedown purchase to a prominent public homebuilder. As part of the project, Sullivan was intimately involved in the contract negotiation, infrastructure construction requirements and timelines placed on the purchaser, use restrictions/POA matters applicable to owner-retained property, development agreement matters (including location/specs of monument signage and utility stub-outs to retained property), title matters clean-up, off-site sewer line extension easement acquisition, and various other matters crucial in completing the deal.