We will utilize local real estate papers, our successful Internet marketing and. O.P signage to build brand recognition. Black pearls valueadded services and outstanding customer service is a strong marketing point. Positioning Statement For families, retired people or individuals who desire showcase homes, amazing views or simply well designed living areas, Black pearl development and real Estate llc exceeds expectations with solid design, sound reputation and outstanding customer service. Unlike other land developers, it controls costs and delays by completing the vast majority of all construction needs with experienced inhouse staff. Pricing Strategy Black pearl purchases the property for 3,500 an acre with land development infrastructure costing 1,667 an acre. These properties are then sold for 18,000 to 60,000 an acre. Housing construction costs average 102 a square foot with selling prices of 140 a square foot.
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Business strategy black pearl will seek funding from local resources; our reputation and reliability is established with these firms. Black pearl provides an outstanding value for their clients and has successful marketing programs in place. The new subdivision will offer an elite living experience for average families, upper income retired couples and people desiring showcase homes. Value proposition The Black pearl proposed subdevelopment offers purchasers extended value. The thoughtful layout of the site allows for privacy and maximum enjoyment of the land. The construction of a park and the extensive walking/riding trail demonstrates a respect for the people who will make this subdivision home. Black pearl is offering premier living conditions, with scenic views, and access to wildlife and privacy. The commitment to sustained land values and aesthetic appeal homework is an extra value attraction for the subdevelopment. Competitive edge The ability of Black pearl to control all aspects of a development project is a distinct advantage. We can control costs, timelines and guarantee structural soundness, because we are not dependent on many outside contractors. Marketing sales marketing Strategy Black pearl is focusing on the target groups of families and upperincome retired people.
This allows us to control costs, delays and maintain a tight timeline. People choose building contractors based on the reputation of the contractor and the quality of their customer service. People seek contractors that offer services that complement their time constraints, budget and style. They also choose contractors based on personality compatibility. There are few contractors that have the resources to complete large development projects. These companies are similar in size and scope. They do not have the strong local reputation of Black london pearl, nor do they complete projects with complete inhouse controls. Black pearl is able to control costs and delays far better than our competitors.
There are few development companies that are able to complete book projects of this scope that are located in Texas. Many construction contractors are only capable of completing sections of a job and rely heavily on outsourced workers. This can lead to unreliable results, delays and cost overages. The density of fullscale land developers in Texas is slight. Many companies lack the resources, experience or financing to complete large gps scale development projects. Black pearl has the resources and the experience to develop large projects. We control costs and delays by keeping the majority of our project completion inhouse.
Market Trends There is an ongoing trend for multimillion homes that showcase both spectacular design and the wondrous natural beauty of the area. The restricted covenant and the location of the planned subdivision tap into this ongoing trend. Market Growth Acton county has experienced annual growth rates of 3 percent from with even greater growth in the unincorporated areas. The target market of families with incomes from 50,000 to 60,000 and an additional market of individuals with incomes from 500,000 and 1 million continue to rise as the general population rises. Competition Black pearl is unlike any other construction or development firm in the area. We own our heavy equipment, do all our construction, and have dependable contractors. In short we are the only company that can develop a property completely.
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The economic activity generated by home construction does not cease at the pleasure end of the construction period. As homes are occupied, the occupants buy goods and services, pay taxes and contribute to the economic viability of an area. "This on-going critical mass for economic activity is often overlooked when discussing construction impacts" stated. Lisa Slush, economist at the center for Economic Analysis. "Ongoing impacts sustain additional jobs in the economy as well as higher business incomes. Single family construction within the nine counties sustains between 114,000 and.6 million in additional business income and 21 to 640 additional jobs.
Multifamily construction sustains from 5 to 217 additional jobs, and 37,000.3 million in additional local business income.". The median price of new home construction in the area is estimated at 139,4000. Market analysis, growth, cagr, billings, texas 3 89,847 92,542 95,319 98,178 101,124 3 Jummot, texas 3 57,043 58,754 60,517 62,332 64,202 Great lakes, texas 3 56,690 58,391 60,142 61,947 63,805 Black bow, texas 3 33,892 34,909 35,956 37,035 38,146 Cheater, texas 3 53,011 54,601 56,239. The river frontage lots target market will attract an economic of level of 500,000 to 1,000,000. The lots that do not have river frontage will attract an economic level of 50,000 to 60,000. Market needs The level of development in the tazor area and the State of Texas indicates a need for experienced development companies. The respectful and thoughtful design of the Black pearl subdivision reflects an experienced developer who values people, wildlife and the land.
Nonriver frontage lots are offered in parcels of five, three or one acre for a retail price of 75,000, 54,000, and 18,000. Future Products or Services. Black pearl has located an area with four miles of river frontage that has the potential for a 20 million subdivision development. Black pearl management will acquire a real estate license that will enable them to sell the lots and houses built in their subdivisions. Market analysis, tazor lies in one of the fastest growing areas of Texas. Lying in the beautiful Spur Valley, tazor has been attracting numerous new residents over the past two decades.
Tazor was one of the first Texas towns to truly be hit by an influx of new people. These people were drawn to tazor primarily by its location in this very scenic area of the state. This area will continue to grow rapidly, attracting both new permanent Texas residents as well as serving as a major place for the building of summer homes and other similar "trophy homes" that are also springing up over the rest of Texas now. Acton county has experienced annual growth rates of 3 percent from with even greater growth in the unincorporated areas. The tazor area population doubled from 19702000. Harrison county increased in population.6 percent from and Lenox county increased.2 percent from (US census). The construction industry in the tazor area is so strong that it is an economic force within the State.
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Black pearl is constructing a oneacre recreational park and playground assignment in the subdivision and 30 acres of walking and horseback riding trails. Land development requires that all essential infrastructure—sewers, water lines, streets, sidewalks, right of way clearances and lots division—is completed. Black pearl also will design and build a majority of the residential and commercial structures. Once the land development is complete Black pearl will offer the lots and houses for sale to retail buyers. The restricted covenant of the subdivision requires that owners use either Black pearl Construction to build their homes, submit the plans of proposed dwellings to the planning board, or use construction companies recommended by Black pearl. This ensures constancy in subdevelopment land value, and aesthetic appeal. Consumers have choices regarding lot size or location. River footage lots are offered presentation in fiveacre parcels for 200,000 to 300,000 a lot, and commercial lots are offered in oneacre parcels for 100,000 a lot.
These contractors have a longstanding relationship with Black pearl, and their work ethic, dependability and deadline adhesion is unparalleled. The contractors are gb's Plumbing, harrison's Plumbing, Brad Brown Electric, luevano Electric,. Sheet Metal, and. Company location and Facilities, the main office of Black pearl development and real Estate llc is located at 4432 Alsace lane, tazor, texas. Black pearl proposes to purchase and develop 2,500 acres of land in West Texas. This acreage affords one mile of river frontage. Products essay services, black pearl will purchase and develop 2,500 acres of land in West Texas.
costs. Long term, positive relationships with select subcontractors that insure quality work that meets deadlines. Black pearl development and real Estate llc (hereafter Black pearl) is an experienced construction and development firm in Texas. Black pearl is a full service firm that owns heavy equipment, and offers "inhouse" groundbreaking, infrastructure, concrete, framing and final construction services. Organization, black pearl development and real Estate llc is owned by jim Wright, who is 100 percent vested. Black pearl does the majority of our work inhouse. This enables us to control costs. We depend on local contractors to install plumbing, electrical, and heating requirements.
Black pearl is constructing a oneacre recreational park and playground in the subdivision, and 30 acres of walking and horseback riding trails. Black pearl is unlike any other construction or development firm in the area. We are able to control costs and production delays by salon keeping the majority of our work inhouse. We own our heavy equipment, do all our construction, have dependable contractors. In short, we are the only company that can develop a property completely. From original groundbreaking of undeveloped properties to the sales of completed residential housing, Black pearl maintains complete control. Black pearl is owned by jim Wright. Mission, black pearl development and real Estate llc is committed to the respectful, thoughtful development of living areas. Our development provides privacy, space, amenities, and preserves the natural beauty of land.
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Black pearl development and real Estate llc 4432 Alsace lane, tazor, tx 78221, tena. Harper, this plan raised over 10 million for assignment a medium-sized West Texas firm planning on developing a 300-lot subdivision with a recreational park, playground and 30 acres of walking and horseback riding trails. Executive summary, black pearl development and real Estate llc (hereafter Black pearl) is an experienced construction and development firm in Texas. Black pearl is a fullservice firm that owns heavy equipment, and offers "inhouse" groundbreaking, infrastructure, concrete, framing and final construction services. Black pearl has a dedicated and experienced foreman, a valuable core of management, and an excellent reputation in the community. Black pearl will purchase and develop 2,500 acres of land in West Texas. We will develop this land into a restricted covenant subdivision containing 300 lots. Two hundred and sixty of these lots will contain residential housing and forty lots will contain commercial buildings.