THE ROSE REPORT
ROSE & ASSOCIATES

Analysis, Strategy & Implementation

  • Land Use
  • Real Estate Market Study
  • Economic Development
  • Strategic Planning
  • Asset & Property Management
Giving Back
Georgetown, SC

ULI Advisory Services Panel Issues Report

The ULI Advisory Services Panel studying a waterfront land use challenge for Georgetown County and the city of Georgetown, S.C. has finished its report. Panelists donated a week of their time for the effort, which provided leaders with a vision for the ideal planning and approach for the area. Kathleen Rose provided market and economic development strategy. "I'm pleased to have served on this panel," she said. "Georgetown has a lot of opportunity and a bright future ahead."   A copy to of the report can be found here on the ULI website.
Articles & Speaking Engagements
Kathleen Rose and other members of The Counselors of Real Estate's Consulting Corps recently shared real estate advice with the Catholic Church. Rose is Vice Chair for the CRE Consulting Corps  and was part of a team asked to speak at the Conference for Catholic Facility Management in Miami about adaptive reuse. Topics Rose discussed include "Historic Diocesan and Religious Institute Churches and Buildings - Who Wants Them and What Will Happen to Them?" and "Tackling Difficult Property Decisions - Sell, Hold or Buy: How to Decide What's Right For Your Properties." 

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Counselors of Real Estate Kathleen Rose, Bill McCarthy,  Casey Kemper and John Cicero spoke today at The Conference for Catholic Facility Management (CCFM) in Miami about adaptive reuse.

Rose and Bill McCarthy released a white paper as a template for buy/hold/sell decisions, including implications of canon law and its impacts on all church property decisions. Contact Rose for more information.


Project Updates
Aiken Co., SC

Rose & Associates has completed its portion of the final report for the Whiskey Road Corridor Study.  Located in Aiken County, S.C., the corridor is a  mix of commercial, residential, rural and open/green space. Rose & Associated worked in conjunction with Stantec Consulting Services to determine land use and market strategy.  The draft report will be on the Whiskey Road Corridor Study website in the coming months.  
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Raleigh, NC
Photo from City of Raleigh's website

Rose & Associates is working with ColeJenest and Stone on the Avent Ferry Road Corridor Study. The objective is to develop a vision for the character of the corridor's public realm and adjacent land uses into the future, according to the the city of Raleigh. The corridor is adjacent to the NCSU Centennial Campus, the Catholic Diocese of Raleigh's Holy Name of Jesus Cathedral, and the Mission Valley Shopping Center.


Inspiring Innovation



Part of our work with economic development lies in facilitating small business and entrepreneurship. Supporting small business and entrepreneurship has long been a passion of Rose & Associates. Rose & Associates works with start-ups and small businesses often in its consulting, and the principles strive to take what is learned by watching their examples and use it for the betterment of the communities they live and work within. One example is South Main Square, a project Rose & Associates manages in Davidson. We call it our lab because that's where we try things. This is also where the incubator PiES was born in 2010, with Kathleen Rose as its cofounder. PiES stands for Project for innovation, Energy & Sustainability. We're excited to share that PiES will be merging with LaunchLKN, a collaborative community of entrepreneurs, mentors and community leaders dedicated to sharing knowledge and motivating growth. It's an exciting time as the towns around Lake Norman are growing exponentially and are ripe with talent. To learn more about what PiES and LaunchLKN are doing, visit their website at LaunchLKN.
NEWS & INSIGHTS
Welcome Kathy Garner!

Rose & Associates is pleased to welcome Kathy Garner, who has joined the firm as Project Consultant. With more than 15 years of real estate experience, Garner is a seasoned land broker and strategic specialist in parcel assembly. She's worked with several retail clients and brings that experience to the Rose team. 

Garner's role at Rose & Associates includes real estate strategy, market research, analytics and interaction with private sector clients to advance and implement public sector goals. She's respected industry-wide for her research and analytical skills and attention to detail. We also love her relationship building which leads to creative, collaborative solutions. 

She's a member of the North Carolina Chapter of the Certified Commercial Investment Member Institute (CCIM), the Charlotte Region Commercial Board of Realtors (CRCBR) and is a licensed Real Estate Broker in N.C. and S.C. Be sure to say hello at kgarner@roseassociates.com.

Guerilla Revitalization Part III - Art

Years ago art was an afterthought in real estate development. It was almost as if any public art appearing in or alongside projects happened accidentally. Nowadays, art is an intentional, key part of the real estate strategy with arts and culture experts considered part of the economic development and redevelopment teams from the start.

ULI has long been a proponent and helped advance the notion that arts and culture adds value to real estate and urban environments. As Juanita Hardy, ULI Senior Visiting Fellow for Creative Placemaking, told us: "There is a growing recognition of the value of art and culture in fostering culturally vibrant, economically thriving places to live, work and play."

We worked with Hardy when creating a vision for the redevelopment potential of the steel mill and port properties in Georgetown, S.C. The ULI report identified the area's rich arts and culture as potential economic driver.

Incorporating creative placemaking has become a vital piece of real estate planning. A great example is Bethlehem Steel Stacks in Bethlehem, Pennsylvania, where the former steel mill has been transformed into an arts and culture campus. In short, the arts are important for cementing a community's cultural, economic and social identify, and it's great to see this concept being so widely adopted across the real estate industry.


Yarnbombing
Photo: Julie Steinmetz Cashin          
Yarnbombing, which focuses on coloring street fixtures, has become a popular form of public art.  This tree was yarnbombed in Asheville, N.C.

10 Best Practices for Creative Placemaking
1. Begin with the end in mind.  Envision what you want, and don't want, to see.
2. Bring in artists and the community early.   Timing is everything. Make their participation central to the design.
3. "Mine" local art and cultural assets.
4. Engage local artists. Enhances buy-in.
5. Understand, articulate stakeholder benefits.
6. Form cross-sector partnerships.
7. Identify critical skills needed to deliver on project goals and outcomes.  Assess what's needed beyond architects, designers and artists.
8. Look for early wins to generate excitement and visibility.  
9. Maintain a long view. 
10. Pursue creative financing. Money can come from unexpected places. 

Provided by Juanita Hardy, ULI Senior Visiting Fellow for Creative Placemaking.  Visit ULI to see a copy of Hardy's report.