- The Landmark Group helps guide communities down the path of smart growth, one project at a time. Working with public and private interests, The Landmark Group develops plans, most often with layered financing, for the construction, management and operational success of housing, commercial and mixed-use projects designed to suit the local character while meeting local needs.
- Frequently these projects ignite community plans to revive dormant downtowns or rundown neighborhoods; they range from the adaptive reuse of vacant "white elephant" structures to new, in-fill construction.
- With expertise in design, construction and property management, The Landmark Group is uniquely qualified to take a project from concept to completion.
- The Landmark Group has developed over 80 adaptive reuse and new construction projects worth more than $425 million. These projects have awakened downtowns, revitalized inner city neighborhoods, restored rural communities, built local tax bases and generally helped to spur economic growth.
- The Landmark Group usually serves as the general partner for its projects, assuming the financial responsibility both during the building and operational phases.
- Federal and state tax-incentive programs have been a source of equity funding for many of The Landmark Group’s projects. Property tax abatements, grants, community development funds, tax-exempt financing, credit enhancements, public works improvements, in-kind services and private syndication also have been important ingredients to financing.
- The Landmark Group keeps abreast of new funding opportunities. It was the first in South Carolina to take advantage of Mill Revitalization Tax Credits, which allowed the creation of much-needed senior housing, and the first in Southwestern Virginia to leverage New Market Tax Credits, for the creation of loft apartments and commercial space in downtown Lynchburg.
- Landmark Property Management Co. was formed in 2001, and its portfolio includes more than 3,500 units among 74 projects in eight states.
- To ensure the long-term viability and quality of its completed projects, The Landmark Group assumes direct responsibility for operations. This downstream involvement helps to ensure that the needs and desires of tenants are considered during the planning phase and that project budgets include sufficient funds for preventive maintenance.
- With its experience in using multi-layered financing, Landmark can minimize the risk of running afoul of overlapping regulations. And through its day-to-day contact with end users, Landmark is able to maximize the potential benefit of the projects it manages.