Development
Welsh has developed more than 1.2 million square feet of senior housing, multi-family, and hospitality in addition to industrial, office, retail and medical office property since 2001. Our experienced staff provides local, regional and national site selection services in addition to a full range of development, project management and build-to-suit services for owners, tenants, investors, and buyers.
Development Services
Build-to-Suit: Whether you are building new or expanding, we will provide site selection, cost analysis, and local entitlement management services to ensure your project is completed within your budget and timeline.
Government Approval and Aid: Our experienced professionals will ensure that city approval processes are completed successfully in a timely manner in addition to analyzing your access to potential government assistance programs, including tax increment financing, remediation/environmental grants, tax credits, and other incentives.
Joint Venture: Do you need to enhance the capital structure of your development? We may invest directly, or will attain financing through one of the many longstanding relationships we have with local and national development-driven equity investors. Teaming with our partner, Welsh Capital, we can also assist you in the acquisition of construction financing.
Project Analysis: Utilizing decades of development experience, we will provide market demand examinations, cost and benefit analysis, and tax and operating cost options to turn your plan into a reality while also maximizing returns.
Robert Erickson
Senior Development Associate
952.837.3066 Direct
With 42 years of experience in city management and planning, Bob Erickson has in-depth knowledge of entitlements, tax exempt financing, facility/infrastructure, construction, and all aspects of residential and commercial real estate development. As leader of Welsh’s development function, Bob guides clients through the entire building process, focusing specifically on city approval processes and potential government assistance programs.
Email Bob
The Welsh team took the time to understand our operations and product to design and construct this building to meet the needs of our residents. The quality of construction and attention-to-detail was exceptional. We highly recommend that any new senior care provider engage Welsh to assist them with the development of any new community or modifications to existing communities.
Denny O’Donnell, Walker ElderCare Services, Inc.