Van Zandt Development acquires and redevelops urban property, commonly re-using portions of structures that would likely be demolished by others. Our goal is to enhance the communities we work in through developing high quality products that will retain their value over time. For investors, we produce expected or better returns within established timeframes. If you are interested in investing, get in touch. If you have a single- or multi-family property with development potential, we'd like to hear about it. Give us a call.
REAL ESTATE DEVELOPMENT
RECENT work:
VZD 6002
Redevelopment of a mid-century house in Windermere. The existing foundation was retained with two levels added above. Return to investors was 28% over 18 months.
VZD 752
Two single family houses west of Green Lake. Alley access allowed a single building to act as two separate one car garages. Targeted return to investors of 30% over 16 months was easily met.
with Kenneth Wilson Architect
VZD 306
Redevelopment of a single family property in Seattle's central district. Some of the foundation from an existing small house was re-used, however the resulting building is almost entirely new. Targeted return to investors of 30% over 14 months was easily met.
25 Roy
Redevelopment of a single family property in Seattle's arboretum neighborhood. Re-use of the existing foundation allowed the retention of an existing non-conforming building location, resulting in superior residual land areas. Targeted return to investors of 30% over 14 months was easily met.
VZD 116
Redevelopment of a tired rambler in Denny Blaine. The existing foundation was retained and a second story was added to transform the property into a 4 bedroom home with completely re-worked landscaping and exterior spaces. A portion of the oversized lot was sold to a neighboring property owner to increase revenue. Targeted return to investors of 25% over 14 months was met.
Gladstone
Proposal to rehab and add-on to this 1920's era apartment building.
MLK
Proposed 3-unit townhouse development in Seattle’s central district.
images courtesy of Public47 Architects
