Synergy is key here.
Great places are one-offs, unique in their design, merchandizing, and operations.
Creating uniqueness is our point of differentiation. We make this happen through intense collaboration among all of our disciplines. This we know to be true: the best ideas often
come from the most unexpected places. So we are listeners, contributors, collaborators.
Silos after all, are made for grain, not so much for excellence in business.
WS Development has a long and successful track record of development and redevelopment as well as both asset and portfolio acquisitions. Through these efforts, we have built a portfolio of 98 properties across 10 states.
Today, we are focused on retail and mixed-use real estate opportunities in urban and suburban settings in primary US markets where we can deploy our vertically-integrated platform to build and enhance long-term value.
Backed by a reputation for integrity, WS leases the best locations to the best merchants: national, regional and local businesses whom we consider our partners. Leasing need not be zero sum. We take this philosophy to heart, knowing that our success is dependent on the success of our tenants.
Each deal is an opportunity to serve not only our customers, but also the retailers and restaurants that occupy our properties. If we are doing our jobs, our tenants will take pride in being in a WS property. Be it a flagship building in downtown Boston, a grocery-anchored shopping center in New Hampshire, or a fashion and entertainment complex in Florida or Wisconsin, we commit to owning only the best real estate in the market. And we keep it that way through first class management and constant reinvestment. We do so because we are not in the merchant-building business or concerned about short-term earnings, we are in the business of building long-term value.Browse our properties
We have built our portfolio brick by brick, property by property, developing from the ground up or redeveloping aging assets in some of the most challenging regulatory environments in the country. We have been able to do so because we take our responsibilities seriously and we fulfill our promises.
Today, developers face more challenges than ever before. New sites are harder to come by and infrastructure is increasingly limited. Even redeveloping existing properties has become a complex process. Listening carefully to stakeholders and aligning the needs of the business to the needs of the community is our strength. Our goal for each project is simple: what we touch will be made better.
Up Markets focuses on the acquisition, leasing, and management of premium retail opportunities throughout the country. Its projects are high touch in design, merchandising, and operations and are focused in markets with high barriers to entry. Authenticity, beauty, charm, and energy are Up Markets’ trademarks.
Our Up Markets portfolio includes:
Highland Village, Jackson, MS
Hyde Park Village, Tampa, FL
The Royal Poinciana Plaza, Palm Beach, FL
The Street, Chestnut Hill, MA
We build to own. In order to construct long-lasting, first-class properties, WS starts by assembling an expert construction team.
We bring our in-house construction, tenant coordination, permitting, and design talents together with municipalities and outside architects, engineers, and contractors to establish a cooperative, collaborative team. Through intense and real-time communication, we go the extra mile to make those relationships work.
No two projects are alike. The rule book is rewritten each time as a document that responds to a project’s particular vision, budget, and locale. WS’ construction process is iterative and detailed; it both personalizes and localizes our projects.
The best properties demand the best management. By picking just the right vendor to plow a parking lot or plant a tree, administering relationships with tenants with seriousness and respect, maintaining and reporting on financial and tax matters with accuracy and clarity, the operations, lease compliance, and accounting groups operate the company’s first-class portfolio in a first-class way. This work is at the heart of the commitment we make to our communities, our customers, our tenants, our lenders and our partners. What we build, we will operate and maintain and make prosper.
Great design is our passion; our belief is that simple and elegant beats complex nearly every time. We strive for timelessness, being different but not trendy, and being responsive to the location.
The Studio is a collective of in-house architects responsible for the physical planning, design, and inventory of WS Development’s retail and mixed-use properties. Their work includes initial planning of new projects, architectural visioning, and aesthetic review of tenant design. Studio team members utilize their skills in drawing, imaging, and visual communications to explore architectural opportunities, thereby creating vibrant destinations for our customers, tenants and communities.
The Marketing department’s creative talents and innovative thinking combine to advance the brands of the company and its properties.
Operating as an internal agency, the Marketing department manages all outward facing communication and collaterals for both the company and its projects, focusing on the mission of creating successful and dynamic places — places where people want to be.
The team develops a rich understanding of the specific demographics we serve in order to build customized marketing strategies for each of our projects. Just as no two developments are alike, the process of telling their stories must be equally differentiated.
With effective communication delivered via print, digital, social media, and events, the Marketing group creates custom brand messaging that is both effective and provocative.
WS Development has built its success upon the cornerstones of collaboration and innovation. We take great pride in drawing upon our experience to incubate emerging brands through thoughtfully-conceptualized, limited engagements.
From turnkey spaces to custom-created concepts, we leverage our expertise in experiential retail, merchandising, marketing and public relations to support brands and open doors to opportunity. Our pop-up projects allow best-in-class brands and up-and-coming businesses alike, to test the market at our properties, while providing the community with new experiences to explore.
“Levitate’s relationship with WS Development has had a substantial impact on the growth of our brand. WS’s interest in cultivating emerging brands has allowed Levitate to position itself in high profile retail locations with the flexibility, support, and communication of the entire WS team. These elements create a dramatically increased likelihood of retail success and brand growth each time we work with WS Development.”
– Daniel Hasset, Owner, Levitate
Today more so than ever, real estate development at scale involves sophisticated and multi-faceted sources of capital. And a large portfolio requires constant engagement with capital markets. The Capital Markets team sources, negotiates, and executes on debt and equity transactions from large and small commercial banks, insurance companies, domestic and foreign pension funds and the public markets. Our philosopy in capital deployment mirrors our philosophy in business: simple is better than complex and only carefully-calibrated risk consistently produces long-term value.