PHILOSOPHY
Discovering Value
Discovering Value
Discovering Value
We buy under developed, under utilized, and under capitalized properties in quality locations.
Creating Value
Discovering Value
Discovering Value
Once we establish a vision, we use our member companies to prospect tenants and contract improvements.
Accretive Value
Discovering Value
Accretive Value
Value creation doesn’t stop at full occupancy. Quality management is critical to a long-term vision.
Equity Limited Partnerships
Carlson Development Group believes in working with like-minded and known limited partners to create a capital base that allows our developments to weather market, construction, and economic challenges without deviating from our original goals.
We offer partners equity ownership, preferred returns, and competitive terms. Our Limited Partner opportunities are not open to the public. If you would like to learn more about becoming a Limited Partner in our next project, please contact us directly.
SEE SOME OF OUR PAST DEVELOPMENTS BELOW
Industrial to Retail Conversion: Metro Mutts
The 7,200 sqft Seay Electric Building, an electrical warehouse for nearly 40 years and a service station before that, underwent full environmental remediation and facade transformation. It was re-leased to Metro-Mutts, a local-credit tenant running dog boarding and grooming stores. Custom interior improvements include an astro-turfed interior and exterior dog run, epoxied floors, and all new electrical and mechanical.
Shopping Center Development: Center71
The 42,000 Sqft South Lewis Plaza Shopping Center at 71st and Lewis was at 50% occupancy when purchased. Renamed Center71, we transformed the exterior facade, renewed and extended existing anchor tenant leases, added a new national credit tenant anchor in 7500 sqft in the middle of the Center, and back-filled smaller suites with a new dance studio, nail salon, and medical company. At 94% occupancy, we have increased the value 3X.
Convenience Store Reimaged: Tonsorial Barbershop
The 2,560 sqft former "Super Stop" gas station underwent a remarkable transformation under our leadership. We removed the underground storage tanks (UST) and completely revamped the façade. The newly renovated space was leased to Tonsorial Barbershop, a high-end, 10-chair barbershop. This project not only revitalized a once-dormant property but also attracted a premium tenant, significantly enhancing the site's value and community appeal.
75 year old industrial reimagined: Gunboat Plaza
In 20 months we took 27,000 sqft of vacant office, commercial, and industrial space to full occupancy. Located in the SE corner of Tulsa's downtown Inner Dispersal Loop (IDL), Gunboat Plaza is now the heart of the Gunboat Park Neighborhood. Tenants include Leardership Tulsa, FC Tulsa Soccer Club, Gopuff, Updog Yoga, and Annie Brady Design.
Ground up shipping container restaurant: Salt and Lime
This restaurant was built from two 8’x40’ shipping containers constructed in a “L” shape. One container serves as indoor seating and a restroom, while the other houses the kitchen. The “L” design creates a natural backdrop for the large 32'x40' deck overlooking the neighboring dog park. Site design includes accommodation for the floodplain, ADA access, dumpster enclosure, fencing, exterior lighting, and fire pit.
Residential to commercial site remodel: Oaktree Medical
We reframed the existing roof structure from a “house” to a “boxed” office shape. This will created a 1708 sqft floor plan in a 28x 61’ layout with a 350 sqft basement. During this process we used new 16" TIJ joists to span the full width of the building from North to South, allowing us eliminate all interior load bearing walls and create a completely open floor plan.
The new frame accommodates commercial glass store-front windows on the North and East side of the building.
11 unit apartment remodel: Luxardo
The Historic Luxardo Building, built in 1941 with modern lines and Art-Deco finishes, was acquired 2017. With only two tenants and many untenable apartments, we implemented a revitalization plan that included new electric, appliances, kitchens, baths, roof, landscaping, laundry, improved common areas, lighting, floors, and enhanced safety and security. We had the building fully-leased in 7 months within 3% of the original budget.