All real estate development is based on a single finite resource: the land. Buchanan Partners has years of experience in the careful balancing of competing interests in land use and development. Buchanan Partners prides itself in the ability to comprehend and navigate intricate land use codes and procedures and to successfully achieve the entitlement objectives for its projects, while also becoming involved the communities and organizations where its projects are located.
Office and retail development requires detailed knowledge of both regional issues and unique submarket conditions, in addition to the changing needs and trends of specific industries. Buchanan Partners has millions of square feet of commercial acquisition and development experience in 11 jurisdictions in the Washington Metropolitan area, and the company’s reputation has been enhanced through its involvement in numerous public-private partnerships and local government economic development initiatives.
Thousands of homeowners and renters annually are drawn to the quality of life and economic advantages of the Metropolitan Washington D.C. area. The George Mason University Center for Regional Analysis projects that over 700,000 new housing units will needed by 2030 for new household formations and job growth in the region. This unprecedented need presents continuing opportunities for Buchanan Partners to develop new communities positioned along established transportation networks and growing employment centers.
Mixed-Use development is widely recognized as the smart-growth solution to urban redevelopment and suburban sprawl, helping to reduce reliance on the automobile and creating vibrant communities and work/play activity centers. Buchanan Partners has incorporated a mix of uses in the majority of both its suburban and urban development projects.
Buchanan Partners has acquired or developed close to two million square feet of innovative, affordable and pioneering flex and industrial buildings and commercial condominium space to accommodate a wide variety of office, recreation, warehouse, and distribution uses in the growing suburban market areas of the Washington Metropolitan region.
From innovative storm water management designs, high quality landscaping and pedestrian environments and public art in its land developments, to energy efficient design standards, material selection and LEED experience Buchanan Partners has prioritized Green initiatives in all phases and types of its development projects.