In excess of $100m in successfully executed Public‑Private Partnerships to facilitate the development of thousands of acres into quality, mixed‑use developments.
Key tools include:
- Pubic Improvement Districts (PID)
- Tax Increment Finance (TIF)
- Tax Increment Reinvesment Zones (TIRZ)
- Chapter 380 grants
- Developer Agreements
- Municipal Management District (MMD)
History
Mooreland Fund I – CFA with City of Fort Worth for infrastructure rehabilitation
Mooreland Fund II – Dallas Housing Authority direct funding for paving
Mooreland Fund III – Town of Prosper Infrastructure Reimbursement
Mooreland Fund V – Town of Prosper Infrastructure Reimbursement
Westlake Entrada – PID for all internal and external infrastructure
Flower Mound Riverwalk – PID for internal infrastructure
Founders Parc , Euless PID/TIF with City Bond Sale for demolition and internal infrastructure
Mercer Crossing, Farmers Branch PID/TIF/TIRZ
University Hills, MMD
EB‑5:
Proven Specialist in structuring EB‑5 loans to facilitate the development and construction of Mixed‑Use Developments where the Job Creation is not solely reliant upon Operations Jobs in order to fulfill the Program Requirements.
Focus on high‑profile, quality Mixed‑Use developments with the EB‑5 loan in the first lien position for Investor security and program execution.
$150,000,000 EB‑5 Loan for Westlake and Flower Mound
- Fully Funded and closed with 300 Investors now in escrow
- Record total raise time for Individual Investors
- 13 sub‑projects, 30+ total building count
$255,000,000 EB‑5 Loan for Mercer Crossing
- USCIS approved the $255m EB‑5 Loan (Sept 2017)
- Submitted to Exemplar’s office in Nov 2015
- Marketing efforts in China are ramping up and that aggressively reaching out to investors in China
Brownfield Redevelopment:
As current suburban sprawl development trends push land costs and commute times into the stratosphere, Mooreland’s career focus on Brownfield Redevelopment becomes even more valuable in today’s competitive development environment.
Beginning with Mooreland Fund I as a re‑development of partially developed lots and carrying through the current Mercer Crossing project which includes the reclamation and redevelopment of a former lead acid battery site, the ability to identify and acquire infill properties previously passed over by others put Mooreland and it’s partners in position to capitalize on the economic benefits available by remaining within the existing employment centers and reasonable commute times.
With direct experience in the TCEQ VCP program, MSD programs and direct financial partnerships with governing Municipalities through various PPP’s, every tool is available to make a previously undevelopable sites financially viable opportunities.
- Corpus Christi – Barisi – closed golf course adjacent to Texas A&M University
- Euless Founders Parc – demolition of two existing, aging multi‑family facilities with associated asbestos clean up and infrastructure
- Farmers Branch – GNB
- Cleaned up previous documentation of site contamination levels
- Initiated ground‑water monitoring program
- Successfully applied for and accepted into the TCEQ VCP for initial clean up
- MSD application in process with the City of Farmers Branch to finalize clean up program
- Moving forward with redevelopment of site into mixed single‑family