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QUICK FACTS

• GMX is involved in approximately 4.0 million sf of shopping center developments and acquisitions

• GMX has closed over $500 million in deals with strategic partners during the past six years

• GMX is currently involved in projects across 4 states

• Company executives have approximately 40 years of collective experience in the shopping center industry





To visit our GMX Business Strategies division follow the link below:


GMX Business Strategies
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Development Services
GMX Real Estate Group

GMX will spearhead and execute a development project from inception to completion and also help in coordinating disposition efforts. While project needs are specific to each project, the following is a list of the typical tasks / responsibilities that GMX brings to each one of its proprietary and/or strategic partner projects.

1. Work jointly with a Project's leasing broker

2. Perform site selection, conduct land owner deal negotiations, and handle contract negotiations

3. Handle tenant deal discussions and retailer committee approvals

4. Work with attorney responsible for preparation of tenant leases/contracts

5. Provide necessary assistance and reports for your financing requirements

6. Oversee project entitlement approvals and/or permits for zoning, building elevation design, site plan, landscape design approvals, project signage approvals, photometric lighting approvals, traffic roadway improvement approvals, traffic curb cut approvals, engineering approvals, plat of subdivision approvals, etc.

7. Consult with city planning and building staff with regard to project coordination meetings in an effort to obtain such entitlement approvals and/or permits

8. Consult with other agencies as required for those agencies involved in the Project entitlement approval and/or permitting process

9. Consult with any neighborhood and/or aldermanic groups as required to facilitate good community relations regarding the project

10. Coordinate any required approvals and agreements if necessary with the adjacent property owners and/or retailers

11. Manage the entitlement information flow to local newspaper reporters and/or city community relations contacts

12. Hire and oversee the professional team necessary to carry through the entitlement approval process, including but not limited to the project architect, landscape design architect, civil engineer, traffic engineer (if required), surveyor, zoning attorney (if required), perspective renderer, environmental consultant, wetland consultant (if required), flood plain consultant (if required), archeologist (if required), and other required disciplines

13. Perform fiscal impact analysis if required to communicate benefits of the project to the Village or City

14. Oversee and complete project approval and permitting applications to the Village and other permitting agencies (such permitting fees and expenses shall be borne by client/partner)

15. Complete an entitlement pursuit cost budget for each phase of entitlements (preliminary and final approvals and permitting)

16. Complete a project action items list including schedule that will be updated on a regular basis

17. Negotiate municipal development and/or recapture agreements including all project approvals and any financial incentives (if any) with the assistance of client's/partner's legal counsel

18. Consult with project architect regarding site planning, building layout, building elevation design and materials, building pricing, perspectives, light photometrics, appropriate parking ratios to meet current market standards and related architectural issues

19. Consult with project engineer regarding site engineering matters such as topographical challenges, stormwater drainage, lot coverage ratios, sitework cost estimation and related engineering issues

20. Consult with project landscape architect regarding appropriate landscape coverage, plant materials and sizes, appropriate berming and fencing, trash enclosure screening materials and related landscaping issues

21. Consult with project traffic engineer regarding required traffic impact analysis, shared parking analysis (if required), appropriate roadway improvements, traffic warrant studies and related traffic issues

22. Consult with any other required professionals depending on the needs and requirements of the Project as determined from time to time

23. Coordinate project due diligence and site investigations regarding environmental audits, geotechnical testing, surveying, utility capacity and flow testing, etc.

24. Coordinate project team meetings with all professionals through and in preparation for the entitlement process

25. Coordinate project progress drawings with all required professionals

26. Perform financial feasibility analysis for the Project in order to help the Project's capitalization efforts

27. Work with general contractor in pre-construction to evaluate project pricing, construction timing, value engineering and job acceleration focus

28. Work with municipalities to determine use feasibility for retail projects

29. Perform market void analysis and determine feasibility for big-box retail demand

30. Promote the Project at regional and national ICSC conferences

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