WELCOME TO SEVENTH STREET DEVELOPMENT
We know that real estate is a local business where value can only be maximized through a superior depth of local market knowledge, established relationships within those markets, and the financial and operational ability to act quickly. Using our knowledge and relationships, and focusing solely on the development and renovation of industrial, research & development, retail and commercial mixed-use projects within Southern California, we create unparalleled value for our investment partners.
ABOUT SEVENTH STREET DEVELOPMENT
Seventh Street Development is a privately held real estate development company. We combine a unique mix of institutional financial strength and discipline coupled with implementation by hands-on, experienced entrepreneurs. The principals, Craig Furniss and Doug Hinchliffe, have 72 years of broad development experience and are personally engaged in each project. Our financial partners are among the most respected institutions in the business. We pride ourselves on our reputation for personal integrity, fast action, and creative and flexible transaction structures.
Named after the historic Seventh Street Produce Market in Downtown Los Angeles, where the two principals first met, Seventh Street Development has a well defined and focused business strategy.
Business Focus
- Development focus: Industrial, retail or mixed-use commercial
- Prefer outright land or building purchases, but will consider fee development opportunities and build-to-suits
- Institutional financial strength implemented by local, hands-on entrepreneurs
Expertise
- More than 72 years of collective development experience
- Vast experience and relationships working with City Governments
- Experience working on contaminated sites
- Strong equity relationships
- Principals are personally engaged in every project
Targeted Properties
- Mature markets within Southern California, especially infill sites with supply constraints
- Ground-up development, rehabilitation of existing buildings or existing buildings with excess land
- Job creation potential and low-income areas are desirable
- Flexible on size
- Will take/solve entitlement and environmental risks
