‘Development Challenges in a Changing Market’
Mandel Group, Inc. has pursued development of The North End properties since 2001. Prior to that time the property had been a long-operating, large-scale tannery facility. The last business to operate this facility, US Leather, abruptly shut its doors and laid off its substantial workforce without notice in early 2000. When Mandel acquired the property out of bankruptcy in October, 2001, barely 30 days after 9/11, the project’s marketing tagline was “A Neighborhood by Design.” Mandel Group has stayed true to its initial mission of developing a neighborhood, rather than a collection of buildings, over the ensuing 16 years of implementation.
Join us and hear Bob Monnat, Chief Operating Officer of Mandel Group, discuss the many deviations, challenges, roadblocks, opportunities and surprises that contribute to The North End’s vitality as it has materialized. Learn what it takes to preserve the mission statement and initial objectives for a project even when seemingly insurmountable challenges arise. Discuss the larger goals of creating a “neighborhood” rather than a series of real estate investments. Tour areas of The North End for an upfront look at what makes this neighborhood such a successful living destination for downtown’s burgeoning population growth.