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About Park Development Corporation

About Park Development Corporation

Park Development Corporation (PDC) can trace its roots back to 1977 when David Townsend started in the Real Estate and Finance Industries. Park Development is an Entrepreneurial Development Company and is located in Orlando, Florida. PDC has received numerous accolades and has been nationally recognized for its contribution to the Orlando Area. Based on the current and projected demographics, booming infrastructure, the continued expansion of theme parks, convention center and airport facilities, PDC has set out to take advantage of the emerging opportunities in the Orlando area. Park Development Corporation and its staff have successfully developed numerous Real Estate projects which include Apartment Complexes, Office Building Centers, Class A Retail Lifestyle Centers, Hotels and Condominiums. PDC continues to methodically and systematically identify development opportunities which meet the company’s objectives, in addition to cultivating new relationships with commercial lenders and general contractors. PDC strives to create beautiful and functional architecture, while maximizing short term and long term investment returns.

Park Development Corporation is a lot more than a construction company; PDC derives its revenue from a number of different activities that cover the full spectrum of Real Estate Development.

Real Estate Development Activities include:

  • Site acquisition; Retail, Restaurant, and Office Space Leasing; Property Management; Project Construction; Sale of the Completed Projects to third parties.
  • Land Planning and Sales to third parties
  • Real Estate Project Conception and Planning that is sold to a third party that builds the project.
  • Land Use Maximization- Locating Land where PDC creates value by rezoning, replanting, adding capacity and selling to third parties. For example, sites that were zoned office and we obtain government approvals for apartments, thus converting a Development Site that was unusable to immediate use.
  • Converting distressed Real Estate Contracts to Cash
  • Acquisition of Distressed Properties and then sold to others
  • Land Development and Planning for Government Entities and other third parties: Plans include site planning, mobilization plans, and risk assessments from non-economic and economic sources, establishing structures to minimize third party interference. Infrastructure specifications, Logistics-creating supply channels to the project. Cost Estimating of all project components. Conceptual designs for project components from residential, apartments, shopping centers, office, hospitals, universities, mass transportation, and roads.
  • Structured Finance of Real Estate Projects-creating new finance structures to spin off cash
  • Commercial Mortgage Backed Securitizations- to capitalize projects at the greatest fair market value.

Park Development Corporation currently has 15 associates in its offices and is currently hiring. Our associates are a group of high quality, mature and loyal people with the ability to work independently for the growth and success of the business. PDC works with a large number of businesses and people who consult and work together on various projects. Presently, PDC has 2.5 Million square feet under development and is looking to add another 5 million square feet of development space. PDC’s client base ranges from small business owners to Fortune 500 companies and international companies. PDC's strategy for success is based on practical business sense and the ability to project the feasibility of a project. Park Development has a proven track record of identifying development opportunities and is keenly aware of public needs.

Direct Inquiries To: David Townsend 7380 Sand Lake Road Ste 395 Orlando, Florida 407 615 0410 www.Parkdevelopment.net

MEET THE STAFF

David Townsend

Chief Executive Officer

Mr. Townsend’s experience in the business of real estate, finance, development and marketing spans over 30 years. His broad base of knowledge allows him to stay ahead of the game and keep abreast of the latest business trends. This diversity in his fields of knowledge is manifested is his professional experience. He was once an assistant professor in cross-disciplinary studies of marketing and financial analysis, quantitative financial analysis, cost accounting, financial management and engineering management. He also worked as a Lending officer at an international holding company and as a Consultant at an international public accounting firm. He has a full understanding of what it takes to make his company a trendsetter in the development arena. David has proven himself to be highly successful and respected in his chosen field. He is known for his Mediterranean-inspired Class A mixed-use developments that maximize the use of land coupled with the aesthetics of the structures without compromising the all-important aspects of the financial industry. The developer currently has 2,800,000 square feet of mixed-use product, including retail, office, and apartments under development. He has also been directly involved with the architectural design and the implementation of complete marketing programs on several projects. He holds a Masters of Business Administration (MBA), in Finance and Economics and a Bachelor of Science (BS), degree in Accounting, Finance, Economics and marketing from the University of Detroit. Mr. Townsend graduated with honors and was in the top 1% of his class.

Jean Amm

Sr. Vice President

Mr. Amm has over 28 years of engineering and construction experience in the public and private sectors in the areas of civil engineering, project management, and construction management. He has expertise in commercial, subdivision, and municipal project design. Jean is responsible for all of the firm’s development and construction activities, including site selection and evaluation, due diligence, entitlements, and coordination with governmental agencies. Employing and coordinating consulting architects, engineers, and contractors. Project budgeting, scheduling, zoning, permitting and field inspection. Projects include office, retail, entertainment, condominium, apartment and hotel. Jean received a Bachelor of Science degree in Civil Engineering (BSCE) from the University of North Carolina at Charlotte and a Master of Business Administration (MBA) from Webster University. Jean has his Class a General Contractor’s license from the State of Florida (CGC 061830), which allows him to build any size building.

T. Andrew Pughe

Vice President Acquisitions & Development

Mr. Pughe has over 40 years of experience in developing large scale master plan communities, including the development of eight golf courses and 45,000 apartments for various companies in the Southeast Unites States. Previous to joining Park Development, Andy was the Master Developer of MetroWest PUD in Orange County, Florida. For 22 years at MetroWest, Andy’s responsibilities included initial design, project construction, and land sales, President of the Architectural Review Board, interface with City, County and State Governmental officials. Andy’s efforts have made MetroWest “Nationally Recognized Development.” Andrew graduated from University of Florida with a degree in Business Administration (BA). Andrew is a Registered Florida Real Estate Broker and is past president of Home Builders Association of Mid-Florida, Industrial Development Commission of Central Florida Trustee and the Transportation Advisory Committee - City of Orlando.

Brian Robinson

Vice President Finance – Debt & Equity Placements

Mr. Robinson has more than 19 years of commercial real estate finance experience in the banking, finance and construction industries. Brian has worked for several financial institutions where he was primarily responsible for structuring acquisition and development financing facilities for commercial borrowers. Brian received a Bachelor of Business Administration degree in Accounting (BBA) from East Tennessee State University and a Masters of Business Administration (MBA) from Almeda University. In addition, Brian completed debt and equity placement training through Steven Bradley & Associates. Brian’s current responsibilities consist of attaining financing for acquisition and development projects.

Deanna Snitko

Vice President Material Specifications

Ms. Snitko has 17 year years of experience in the industries of interior design, marketing, and publishing. She has managed departments as well as businesses, handling all aspects of business activities for national and international companies; participated in the development, design, management, marketing and distribution of national and international publications; she is skilled in AutoCAD space planning and architectural drafting. Deanna graduated Magna cum Laude with a Bachelors of Fine Arts degree in Interior Design (BFA). Deanna’s current responsibilities consist of overseeing the interior design concept and acquisitions for the company’s projects, as well as the initial marketing concepts for each project. Visit us at www.parkdevelopmentcorporation.com.