Higgins Development Partners has extensive experience structuring successful partnerships to implement large-scale public sector and institutional development projects nationwide. With project budgets ranging from under $20 million to over $300 million, we have developed major projects in association with state, city, and federal governmental entities, universities, and cultural institutions. Our success with these projects is based on creative approaches to financing, innovative land use strategies, and planning and design solutions which bring the highest value to our clients. Our financing experience has included involvement in tax increment financing, industrial revenue bonds, urban land grants, general obligation bonds and structured “hybrid” bond financing. In addition, we are also experienced in procuring debt for large land holdings; structuring joint ventures with institutional partners; securing equity capital from individual investors; and procuring both individual and institutional buyers for build-to-suit transactions and other real estate assets. Depending on your needs, we can provide comprehensive real estate services or can act as an extension of your institution’s finance, real estate, or design and construction resources. In the latter role, we bring “best commercial practices” to your institution to deliver new buildings or renovations of existing facilities in a timely and cost efficient manner. Representative public/private partnership projects include: Chicago Central Police Headquarters/Chicago, IL/400,000 SF Foote, Cone & Belding Center/Chicago, IL/340,000 SF Federal Reserve Bank of Chicago, Detroit Branch/Detroit, MI/260,000 SF IRS Detroit Computing Center/Detroit, MI/900,000 SF Museum of Science and Industry Visitor’s Center & Underground Garage/Chicago,IL/560,000 SF National Institutes of Health, Porter Neuroscience Research Center/Bethesda, MD/600,000 SF University of Cincinnati University Center & Kingsgate Conference Center/Cincinnati, OH/600,000 SF University of Cincinnati/Calhoun Street Mixed-Use Projects/Cincinnati, OH/ 1,000,000 SF U.S. Bureau of Alcohol, Tobacco & Firearms Federal Laboratories Project/Beltsville,MD/200,000 SF U.S. Department of Transportation Regional Headquarters/Kansas City, MO/214,000 SF U.S. Food & Drug Administration National Forensic Chemistry Center and Cincinnati District Office/Cincinnati, OH/64,000 SF |
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