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Presidents Message
The Company's primary focus is on the redevelopment of industrial and commercial property. Projects requiring an intensive effort to address complex issues such as site control, environmental challenges, delinquent taxes, or unusual marketing situations are candidates for Pownal Development. Often times these projects are long term in nature and require persistence and stamina to overcome redevelopment obstacles.
Pownal Development has been very successful redeveloping non-performing industrial property and environmentally impacted sites. Projects usually involve removing various stigmas and providing a vision for the asset. Our greatest successes have come from extremely challenging situations requiring innovative and resourceful effort to create asset value. Creating asset value and correctly positioning a property in the market place is something we do well.
Since every project is unique a predetermined evaluation criteria is not applied. Our approach is tailored to the project. Every aspect of a project is evaluated for its ability to create long-term value. Pownal Development welcomes the challenges of real estate development.
© Copyright 2010, Pownal Development Corporation
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