Central Group Development-Our Hospitality and Property Development Division
Central Group Companies evaluates markets for ownership groups to determine if additional room development and absorption can be attained. Central Group Companies also directs market research to assess the feasibility of adding water parks to hotels and municipal facilities.
Market Research: Before you put the shovel in the ground, it is imperative that you understand your market and your customersí needs. Central Group Companies, will help you determine your projectís feasibility through market analysis. We will help you determine whether a franchise affiliation is important for your project. If so, we will guide you in choosing a competitive franchise and assist you in negotiating the agreement.
Financing: Central Group Companies can assist in the formation of your project ownership group. We can assist in originating and negotiating construction and permanent financing, even during challenging economic times. We have been able to identify additional financial resources for our clients such as Tax Increment Financing, STAR Bonds, regional development funds and even property tax reductions.
Design: Our ability to help our clients design the best facility for the market and the area, at competitive prices, is well proven. The architectural, engineering and interior design teams we work with have won numerous design and development awards. We can also coordinate the construction bid process and help you finalize a fair agreement with a reputable and qualified general contractor.
Construction: When itís time for groundbreaking, Central Group Companies continues to help you through permitting and the entire construction process. We coordinate activities with the general contractor to ensure plans and specifications are strictly adhered to, while maintaining budgets and timelines.