Town Building Collaborative Organizational Structure
The Town Building Collaborative (TBC) is organized and designed to be an effective method of assembling broad and diverse talents to bear on projects requiring local customized solutions. As capital gravitates toward urban mixed-use developments, the need for sophisticated multi-disciplined talent becomes more acute. Localized development talent and competencies are becoming insufficient to fulfill the expertise required of Town Building initiatives nor the fast changing, complex demands of public agencies, consumers and investors today. And the pace is expected to accelerate.
Most companies today recognize that they are not, and cannot, be best at everything. Business today is simply too complex! Collaboratives are networks of independent companies doing what each does best, acting together as though they are virtually a single corporation. Hence, the creation of virtual corporations...partnerships of companies that do what they do best in order to produce a superior product offering to their customers, clients and the public.
The TBC sees this type of structure as an effective way to influence quality town building in America. It provides specific Town Building solutions to public agencies, other regulatory bodies and Universities in partnership with local developer/builders across the country.
The TBC is a partnership of individual companies who bring a unique and specialized expertise to bear on the development of a branded type of real estate project characterized as "New Economy Towns."
The Marquette Companies is the lead real estate developer initiating the project and its brand. It performs the role of the network integrator, co-coordinating the decisions and actions of the companies making up the network. It initiates the business opportunity, formulates overall strategy, assembles member firms in the corporation, connects them together in an electronic community, manages the quality standards and outcomes of the development project, acquires financing for public and private project costs and asset manages the real estate it finances.
The TBC may choose to scale up its production capacity for additional New Economy Towns as market opportunities arise. Additional and existing network partners are assembled for those opportunities as needed. The decentralized nature of the partnerships allow flexibility in providing franchise-branding power to local markets, a continuity of learning and innovation, and local customization to a mass produced reproducible project or idea. The collaborative structure allows local developer/builders to participate in the fruits of the town building in initiatives.
Collaborative team members are available to provide their services directly to stakeholders to develop specific Town Building objectives. Once established, a formal TBC partnership is created and the Town Building Development process begins.
The Marquette Companies has developed its winning formula centered on forming numerous partnership ventures over the years. Its efforts have produced long lasting benefits to its investors, resident and tenant customers, its employees and the public it serves.
Our experience has ranged from a long standing partnership with National Housing Partnership in Washington D.C. during the 1980's, to developing Fairlane Woods with Ford Motor Company in their World Headquarters, to KMP, our Pension Fund Advisory with over $650M in assets, to our newly formed KMF Senior Housing Investors Pension Fund Advisory formed in partnership with Formation Capital and Z/A Consulting, national experts in senior housing care industry underwriting. The Marquette Companies staff numbers about 350 people serving 26 properties with 8200 residential units in 6 states. Marquette’s gross annual revenues total approximately $85M.
Few companies of Marquette's size have integrated and competent money management expertise coupled with entrepreneurial zeal to cause a mission driven social impact. Marquette is ideally suited for public/private town building partnerships. The Institute for Community, an Illinois 501c3 non-profit corporation, is a core partner in Marquette’s' corporate and town building efforts. Today, because of its experience and capabilities, Marquette is uniquely positioned to fulfill the objectives of Town Building Collaboratives across the country.
The objective of the TBC is to model the creation of public/private partnerships that will serve to revolutionize the way the Town Building Industry provides efficient well-balanced environments for our emerging generation of knowledge workers.
The Town Building Collaboratives are comprised of:
- Local Developer
- Various Place Makers, Community Builders and Economic Developers
The accountabilities for each partner of the TBC are as follows:
Marquette Property Investments is the lead developer of the Town Builders Collaborative serving as the Integrator of the virtual organization and is accountable to perform the following:
- Initiates the business opportunity establishing the town building product brand
- Develops the business plan for the enterprise
- Inspires the public / private partnership participants to collaborate
- Assembles the multi-disciplined development organization to fulfill the core competencies of:
- Place making
- Community building
- Economic development
- Manages the productivity of the development organization
- Insures the quality standards of the product
- Attracts investment capital for development planning, land acquisition and land development as needed to market the entitled land to local builders
- Perform general partner duties on behalf of the development organization
The Local Developer executes the business strategy on behalf of the development organization utilizing the broad based resources of the Collaborative:
- Conditions the business plan including the marketing plan, financial feasibility and proforma
- Executes the business plan of the business enterprise in compliance with the business vision
- Manages the day to day affairs of the organizations work
- Manages the productivity of the organizations participants, including contracting for services, compliance with regulatory project requirements, and budget management
- Manages the marketing efforts to fulfill the marketing plan and attracting builders and users to the project
- Fulfills the local builder standards of quality control envisioned by the business plan
- Manages the property association formation and legal requirements to the point of resident turn-over
- Structures the community building revenues in neighborhood associations to insure sustainability
The Place-maker is the town planner who develops the building program and translates the objectives of the business strategy into a physical place while meeting the highest standards of town building principles.
- Outlines the most appropriate physical development program to fulfill the organizations business and public/private partnership objectives
- Create the physical design vision for fulfilling the business plan
- Manage the productivity and cost control for all design and engineering consultants
- Inspires the public/private partners to embrace the design product
- Achieves entitlements
- Advocates the media on behalf of the development organization and the project
- Provides any and all design product to the collaborative as needed to promote the project to local builders, market tenants and the public
Community Building Partners
The Community Builder establishes and manages healthy working relationships between the local public/private stakeholders, the development organization, local builders and the residents who will live in the project as it becomes completed.
- Assists builders to integrate community building into their marketing approach to residents, users and the neighborhood at large
- Own and Manage the operations of the Community Center
- Facilitator of the community board of directors
- Provide the community programs for the district neighborhoods
- Serves as the voice of the neighborhood constituents, their concerns and aspirations
Economic Development Partners
The economic developer champions the economic development vision for the project and the surrounding community that it influences.
- Assesses the economic development opportunities locally that supports the business strategy
- Produces the economic development strategy including the targeted employment value chains
- Enlists the support and active engagement of stakeholders that will influence the creation of employment clusters, including universities, employers, and government leaders
- Manages the marketing efforts to attract targeted employers to participate in the project
For more information on the Town Builders Collaborative and its organizational structure, contact Bruno Bottarelli, Principal Partner, The Marquette Companies at