The Incremental Development Alliance will hold a one-day workshop on Small Scale Real Estate Development from 8 a.m. to 5 p.m. Wednesday, Oct. 30, in Danville.
The day-long session is designed to introduce the principles and implementation mechanisms behind neighborhood-based development projects. The workshop offers specialized training on how to create small projects, like one-to-three story buildings with less than 20 units which are residential, commercial or mixed in use.
Through presentations on finance, design and site selection, a hands-on practice exercise and networking with local like-minded people, this workshop is the first step to becoming a small development or creating a supportive ecosystem for small development in the area.
Learning objectives include:
- Get a big-picture view of small scale real estate development and the value it provides in a community;
- Understand how a building makes money and how to analyze what kind of building the local market will support;
- Learn the first steps in formulating a project and how to get started as a developer with little-to-no resources;
- Learn how to read and interpret zoning to see what and where a developer can build;
- Discover where you need help filling the gaps in your skills and expertise; and
- Meet people who can help.
Scholarships for registration fees are available by visiting bit.ly/danville-scholarship. Early bird registration is $169 until Oct. 11, regular registration is $199 until Oct. 25, and last-minute registration is $229 available until spaces are full. All registrations are final and no refunds will be issued after payments are processed.
The workshop will be held at the Institute for Advanced Learning and Research, 150 Slayton Ave. Danville, Va. 24540.
The alliance began in 2015 as a collaboration between small developers John Anderson and Monte Anderson, and now Executive Director Jim Kumon. It services aspiring, small developers and offers a suite of classroom-based and hands-on coaching tools that can be scaled across the country for the benefit of municipal clients and developers alike.