Still having many ideas at 62

Although all ready in my second year as a senior, having trained my mind, I am happy that for friends and business friends alike, and even in our own business, I am still able to come up with my own NU 12.  I would have easily complied with my NU 12 requirement.

For instance, in lending;

1.  bridge financing

2.  off balance sheet lending (creative financing)

3.  escrow arrangement

for the real estate:

4.  incremental development

5.  creekside;

6. tiangge mall

7. tiangge cum residential

others;

8. solar panels

9. solar panel financing

10. solar assisted air conditioner

11. SAAC financing

12. 48 vdc solar aircon

13.  heat exchanger for car aircon

What will I do with the two commercial properties assigned to me for a business concept proposal

Offhand, these are my ideas on how to go about this.
 


Major strategies:

1.  I will go on a developmental, incremental development, to prepare our finances and the market (I did this with the commercial complex we had, as what the Ortigas did with Greenhills and tiendesitas)  For tiendensitas:

Phase 1  cosntruction of the open air tiendesitas, inviting tiangges and cheap rental

Phase 2 -  Hypermart and motor city

Phase 3 -  Call center and church

Phase 4  -  Now commercial complex, remodelling of tiendesitas, high rise condo construction

2.  Starting point  -   create differentiated points of interest for the subject property that will draw crowd.

1 hectare property:

The place will be called "Creekside"  The live flowing creek will be the point of interest.  (Or could be barbecue park)

Phase 1  -  Barbecue park, and other recreation;  darts, and some other restaurants.

Phase 2  -  Office buildings, computer shops, cafes,  ministops

Phase 3  -  Town house, residential development

 

 

                                 

2 hectare property

 Phase 1    Fun house center, with tiangge food stalls (a la Makati ave)

or a Tiangge Mall

            






Phase 2   Medium luxury residential townhouse

                              


                             


               

New business opportunities at a major city in Region 1

Here is an example of business opportunity seeking.  See if you can think of business opportunity;  it could be an example of serendipity walk.  It takes some kind of sagacity to see business opportunity where you only see dirt and clutter.

I went on a business trip to a major crossroad city in Region 1.  The city has progressed so much.

I met 3 groups of people for possible business ventures/assistance.

1.  Mr. A.

       1.  A memorial park in a neighboring progressive town.  It is a 2 to 3 hectare in town whose name starts with V. he welcomes a JV proposal

       2.  Take over, purchase of a memorial park in a town.  It is 2 hectare and he benchmarks Holy Gardens San Carlos;  average selling price is 30t per plot.

     He was amazed at our presentation ie for the 11 memorial parks and equal number of residential subdivision we have developed

Commercial complexes.

Property  M

     It is located some 200 meters away from the city boundary and right now they have a chicken fine dining company which leases a portion of the 2 hectare property. It stands opposite a 3 level school.  The property owner wants a mixed use development:   commercial and residential.  A 50 sm townhouse sells at the city for P3 million.

    A very strong compelling business concept is needed here;  I am thinking of Mandurriao type of development:   night spots, restaurants, entertainment center catering to the young so that it will draw large traffic.

   The business assistant proposes a Pogo type of resort development

Property K:

This is a 1 hectare property measuring estimated 50 meters x 200 meters now being occupied by a computer shop, and a chicken fast food (the imported brand). Right across is are Jollibee and 711 They occupy about 1,000 sm of the total property.  The rest of the property is being used for ferya temporarily  It is besides a flowing live creek.  What is the challenge?

     This calls for a major architectural plan.  What is my idea:

     1.  Reserve 4,000 sm for office space and town house development

     2.  Develop the creek and make it a promenade type of development center of attraction (a la Esplanade in Iloilo)  You might even call the place The Creek.  You can have restaurants over the creek houses with a creek underneath. etc.

2.  Mr. J

His real estate company bears my name and that of my mother.  Jorge and Teresita Realty Corporation.  However, his development which consist of about 40 to 50 sm, up and down, and sells for P1.2 each,  do not seem to bear our brand of development.  It is located opposite a feedmill and the vicinity smells of feedmills stuff;  not very attractive for the buyers.  They have sold just l7 units for the last 4 years  (That is 4 units sold per year;  not very inspiring!).  The development looks ugly and do not bear the signature of Feng Shui typical of Chinese owner.  The morning afternoon sun orientation was not followed.

A marketing plan that includes removal of the smell and making the product more attractive could be made.  Thus promos, flaglets, events could be planned to speed up sales

3.  The 3s Marias

They own a 4 hectare property that is outside another major city and the ladies are old, wanting to cash out their property holding.  They disdain JV.  However they were impressed with the number of memorial parks we are operating and have developed.

Currently, the land is water impounded due to the recent flood and rain and may not approved as memorial park.  As garden park, maybe.  Under study

                               This was financed by govt through Sen Drilon PDAF (?)

                                    This park is a crowd drawer.

                                   The creekside may be patterned after this to create differentiation

                                    A very handsome park

                               Business opportunity -  office building

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