ZONE 15 – Carlsbad, CA -
Principal/Developer 1998 – 2018
Assembled, designed and entitled a 430-acre multi-parcel land development / subdivision project, including a comprehensive habitat conservation program. Formulated and negotiated private cost-share agreements for off-site infrastructure together with boundary adjustments and land-swaps to facilitate right-of-way dedication (IOD) and design of an arterial roadway. Entitlements included General Plan amendments, zone changes, subdivision maps, environmental impact reports (EIR) and permits from USF&W (Sec 7 & 10-HCP), Regional Water Quality (Sec. 401), Army Corps of Engineers (Sec. 404) and State Fish & Wildlife (Sec. 1602).
COLINA ROBLES, LLC - Carlsbad, CA -
Principal/Developer 1996 - 1999
Acquired and designed an environmentally constrained former agricultural property into a successful estate-lot subdivision for 28 homes (12x equity return to investors; 18 month hold).
EMERALD RIDGE & MAR VISTA - Carlsbad, CA - Principal/Developer 1994 - 1996
Assembled and subdivided three ocean-view parcels into 170-residential lots. Land investment transaction included an all-cash purchase with a JV/participation loan from a homebuilder that received 50 lots at a preferred price (7x equity return; 2-year hold.)
PALO VERDE RANCH - Development Partner
The Palo Verde Ranch is a 150-acre, 32-estate lot subdivision located in the Tanque Verde Valley of northeast Tucson, adjacent to the Coronado National Forest. This pristine Sonoran Dessert gem is situated at the base of the Catalina and Rincon Mountains, blessed with seasonal streams, saguaro forests, lush stands of mesquite and palo verde trees, majestic canyons and rolling hills, hiking trails into the National Forest and abundant wildlife. BENTEQ served as the Development Partner for the landowner (Hornburg Family Trust), providing subdivision design and permitting; construction of roads, bridges, utilities, gates, landscaping, amenities and all other lot-servicing improvements; CC&Rs with design guidelines; HOA formation, management and architectural review; marketing, sales and escrow management; legal, accounting and Trust management support.
David remains active in the Arizona market, including ownership and management of a net-lease retail property located in the highly desirable southeast Phoenix area city of Gilbert. The property was acquired to effectuate a 1031 Exchange in connection with a Carlsbad, CA land investment partnership sale.
Cantarini Ranch; view northwest toward Pacific Ocean. Rancho Carlsbad and Robertson Ranch in foreground.