SMALL Solutions
SMALL Solutions represents the ‘do’ complement to Building Small’s thought leadership. As communities, civic leaders, and citizens embrace the concept of Building Small, we get increasing requests for implementable actions, not just plans. That’s where SMALL Solutions comes in.
Drawing on the expertise of our experienced Small PROs, SMALL Solutions organizes a bespoke team to provide a fresh look at project feasibility or outline implementation strategies to make vision a reality.
SMALL Solutions offer three approaches:
Development. Real estate development via special purpose entities in partnership with aligned investors who are seeking financial return AND positive community impact.
Advisory. Development Strategy for legacy owners, communities or other developers seeking to create transformative projects from unique assets they own.
Capital. Regulatory changes are clearing the ground for Small to scale, but project capital is still a hurdle. Building Small’s funding partners are working to remove this final barrier.
RiverHouse Cottage Court exemplifies a SMALL Solution that won big.
“We couldnʻt have loved this project more.“
Daniel Gehman, 2022 golden nugget juror | Principal, Danelian Architects
SMALL SOLUTIONS: PROJECTS
CRAFTWORK
4,500 square foot adaptive use of former retail bank located in 1960’s strip center. Full renovation and rebuild with all new systems and envelope to house boutique coworking brand CraftWork. CRAFT Development also formed the operating entity, to provide high-performance workspace and a club atmosphere in lifestyle communities. | VISIT CRAFTWORK
RiverHouse
Residential infill cottage court that created 12 new, single family detached residential units on an existing single family lot of 1.2 acres. Project approved using as-of-right zoning and CEQA exemption to demonstrate higher density infill can still be compatible with community fabric. | LEARN MORE
The Little House
CRAFT Development’s first project – renovation of a 1,300 sf 1875 single wall house and 300 sf detached studio into contemporary cottage. Still owned by CRAFT Development.
“As our development advisor in 2010, Jim devised very unique approach to repositioning. Fast forward 10 years, it has become a huge success.“
—Henry Warshaw, CEO | Virtual Real Estate
SMALL SOLUTIONS: Advisory
CHANDLER MMH STRATEGY
City of Chandler Housing Resources
Chandler, AZ
Development expertise and review of code revisions meant to increase infill development of affordable housing, and unleash more entrepreneurial infill projects along this beachside town’s Grand Avenue.
EXPERIENTIAL RETAIL STUDY
The Nehemiah Company
Arlington, TX
Working for the owner MDL, CRAFT Development is providing strategic advice on consultant team organization, scope of work, capital structure, and long-term value creation strategy.
Tetherow
Virtual Real Estate
Bend, OR
Following the crash of 2008, CRAFT Development was retained by the mezzanine lender to create an updated vision for the broken project and provide strategies and expertise through the workout, resulting in a highly successful repositioning and value creation.
“Another Quote If You Have One to Separate”
—ATTRIBUTION
Small Solutions: CAPITAL
MISSING MIDDLE FUND
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REIMAGINE PARTNERS
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REPURPOSE CAPITAL
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Small Solutions grew out of an increasing trend I have seen traveling the country providing ‘Small Talks’. After delivery, I’ll receive a call from a developer, landowner or city planner wanting to do more than get a ‘plan’. They want to get something implemented! The gap between what we want and how we get it done, is something SMALL Solutions is focused on closing.
RiverHouse Cottage Court, 2021
Healdsburg, CA