Complex redevelopment efforts located in important city nodes cannot be accomplished in a vacuum. BUILD fosters long-term partnerships as a means to achieving successful mixed-income, mixed-use developments that fit comfortably into their surroundings and act as the catalyst for revitalizing and strengthening neighborhoods. Our major equity partner is the California Public Employees’ Retirement System (CalPERS), which has invested $175 million in BUILD. We also partner with developers—including the CORE Companies, Holliday Development, McGrath Properties, Pulte Homes and Sares-Regis Group of Northern California—who bring special expertise and local knowledge that help ensure a development’s success. These partners benefit from our track record of earning community and government support as well as our experience in dealing with unfamiliar planning considerations, a distinct and complex regulatory framework, and specialized financing techniques. |