KEN WEINSTEIN Impactful Projects: A Sampling Allens Lane Train - - PowerPoint PPT Presentation

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KEN WEINSTEIN Impactful Projects: A Sampling Allens Lane Train - - PowerPoint PPT Presentation

KEN WEINSTEIN Impactful Projects: A Sampling Allens Lane Train Station Allens Lane Train Station - High Point Cafe 4811 Germantown Avenue Wayne Junction Campus - 8 acres, 4 uses 6008 Wayne Avenue St. Peters Church - Waldorf School 6139


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KEN WEINSTEIN

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Impactful Projects: A Sampling

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Allens Lane Train Station - High Point Cafe

Allens Lane Train Station

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Wayne Junction Campus - 8 acres, 4 uses

4811 Germantown Avenue

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  • St. Peter’s Church - Waldorf School

6008 Wayne Avenue

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Lofts at Kendrick Mills - 23 tenants

6139 Germantown Avenue

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Earth Bread&Brewery - Mt. Airy Revitalization

7136 Germantown Avenue

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2018 Projects: Wayne Junction & More

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133 Berkley St - Wayne Junction Diner

133 Berkley Street

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133 Berkley Street

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133 & 137-45 Berkley Street

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137 Berkley St - Deke’s BBQ + Attic Brewing

137-45 Berkley Street

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Max Levy Building - 32 Apartments

212 Roberts Avenue

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Historic Apartments

212 Roberts Avenue

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Future Apartments

212 Roberts Avenue

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Schaeffer School - Philly Office Retail + JG

4701 Germantown Avenue

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Cunningham Piano - Offices + 16 Apartments

5423 Germantown Avenue

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  • Mt. Airy Presbyterian Church - 19 Condos

13 E Mt. Pleasant Ave

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Church and Condos

13 E Mt. Pleasant Avenue

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A.

Reduce blight

B.

Improve your community with less gentrification

  • C. “Grow the Pie”: Sharing resources
  • D. Gain community support, and a marketing

advantage, by being a good neighbor

E.

Investing in your future: Creating a nest egg

  • F. Promoting diversity in RE development

Why Jumpstart Germantown?

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Jumpstart Germantown Initiatives

  • 1. Training Program
  • 2. Developers’ Network
  • 3. Loan Program
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Training Sessions

SESSION 1

A.

824 Mentoring Applications since April 2015

B.

343 Graduates since June 2015

  • C. 4 Sessions per year
  • D. 60 Developers per session

JUMPSTART

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The 7 JumpSteps of Real Estate Development

  • 1. Create a Development Strategy &

Identify Your Team

  • 2. Source a Property
  • 3. Do Your Due Diligence
  • 4. Find Your Financing
  • 5. Develop Design & Procure Permits
  • 6. Customize Construction
  • 7. Lease/Manage/Sell Your Property

7

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Developers’ Network

A.

More the 450 novice and experienced developers participating

B.

Guest speakers such as Eagles’ Brandon Bair, Governor Wolf, Bart Blatstein, and Councilmen Allan Domb & Derek Green

C.

Established, well used Facebook Page with

  • ver 1,834 members

JUMPSTART

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A.

Provide loans that banks won’t approve

B.

Remove the financial barriers for aspiring developers

C.

Focus residential development on Germantown

Loan Program

OBJECTIVES

SESSION 1

A.

Committed more than $10.4 Million

B.

Closed 99 loans to date

ACCOMPLISHMENTS

JUMPSTART

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Beyond Germantown

Partnered with Philadelphia LISC Barra Foundation - $125,000 grant to develop

  • Training materials for participants
  • “How To” Guide for potential Jumpstart organizations
  • Website – GoJumpstart.org

New Jumpstart Programs:

  • West Philly – Promise Zone
  • Hunting Park
  • Southwest
  • North Philadelphia West
  • Kensington
  • Olney