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The Harbour At Solomons
Solomons, Maryland
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Partially developed 120 acre deep-water site jointly owned by two developers. |
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Identify highest and best use; create product concept embraced by both owners. |
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Conducted statistical survey of similar coastal properties, visiting those deemed most comparable; concluded highest and best use was combination second home/retirement boating community for nearby mid-Atlantic residents; developed detailed product concept including housing types and sizes, pricing, amenity offering, sales absorption rate, marketing and operating costs, and probable financial return. |
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Gradual development of a 443 unit PUD targeted at affluent buyers, aged 45+, living within a 100 mile radius, and seeking a second home/ultimate retirement waterfront community close to their existing residence; features to include gated entry, secured separation of private and public spaces; fitness and property owner clubs; extensive trails and pocket parks; and a traditional architectural theme consistent with northern seaside villages.
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