{"id":35,"date":"2023-05-30T14:11:30","date_gmt":"2023-05-30T14:11:30","guid":{"rendered":"https:\/\/capitalsquare1.wpengine.com\/?page_id=35"},"modified":"2025-09-25T17:46:59","modified_gmt":"2025-09-25T17:46:59","slug":"development","status":"publish","type":"page","link":"https:\/\/capitalsq.com\/development\/","title":{"rendered":"Development"},"content":{"rendered":"
\"Capital<\/div>
\n
Development<\/span><\/div>\n\n

Developing and managing the future, one property at a time<\/span><\/h2>\n<\/div><\/div>\n\n

The growth potential of Capital Square’s portfolio is significantly magnified by the firm’s best-in-class development team, already positioned as an industry leader within the opportunity zone space.<\/p>\n\n

\"3001<\/figure>

Best-in-class projects synonymous with value<\/span><\/h2>\n\n

The Capital Square development team\u2019s mixed-use projects total over 2,000 apartment units with a development value in excess of $800 million.<\/p>\n\n

Why Multifamily?<\/span><\/h6>\n\n

Multifamily housing solutions are the most stable, recession resistant, inflation hedging, and likely to see long-term growth. Shortages in multifamily housing and all economic indicators point to a strong multifamily market for years ahead. Learn more.<\/a><\/p>\n\n

Why Build for Rent?<\/span><\/h6>\n\n

Build for rent (BFR) is a rapidly institutionalizing asset class representing sites of contiguous detached homes, townhomes or cottages. Single-family rentals (SFRs) cater to those who desire the space of a single-family home but the convenience and community feel of a multifamily rental. Learn more.<\/a><\/p><\/div><\/div>\n\n

Projects rooted in the local community<\/span><\/h2>\n\n

Capital Square takes great care to respect and complement the local communities where we build. These roots are a fundamental pillar for every project we undertake.<\/p>\n\n

Economic Impact<\/span><\/h6>\n\n

By analyzing the economic and fiscal impacts of our development projects<\/a>, we not only know how many housing units are added to an undersupplied housing market but also job creation data, the annual state and local tax revenue generated during the construction of the properties as well as the tax revenue projected for their ongoing operation, and more.<\/p>\n\n

Sustainability<\/span><\/h6>\n\n

Capital Square has a commitment to sustainability. In fact, we have recently developed a robust corporate responsibility and sustainability strategy<\/a> that empowers us to operate conscientiously and make a lasting difference for our multifamily residents and the local communities we serve.<\/p>\n\n

Capturing Local Artistry & Style<\/span><\/h6>\n\n

Staying true to the creative identity of the community<\/a> has been at the heart of every development initiative in Scott\u2019s Addition \u2013 just as understanding the local fabric has been essential in every Capital Square development project.<\/p><\/div>

\"Capital<\/figure><\/div>\n\n
\"Scott's<\/figure>

Data-driven market selection<\/span><\/h2>\n\n

Capital Square\u2019s market selection process starts with the 143 largest MSAs in the United States. From there, we apply our selection criteria to focus on the best markets that fit our investment background and our strengths.<\/p>\n\n

Where are Capital Square’s development projects?<\/span><\/h6>\n\n

Richmond, Virginia<\/a>; Charleston, South Carolina<\/a>; Raleigh, North Carolina<\/a>; and Knoxville, Tennessee<\/a> are examples of secondary and tertiary markets, where Capital Square has initiated development projects. Each of these cities have demonstrated successful growth and represent opportunities for continued flourishing. <\/p><\/div><\/div>\n\n

Partnerships that last<\/span><\/h2>\n\n

Capital Square is an active developer with partnerships that go back decades. In every development project, we work closely with our partners, the communities in which we build, and local governments.<\/p>\n\n\n\n

Building the Future of Real Estate\u2122<\/span><\/h6>\n\n

Capital Square Development’s mission is to execute high quality, placemaking development projects that serve the communities in which they reside.<\/p>\n\n

Engaging with Local Small Businesses<\/span><\/h6>\n\n

Looking forward thoughtfully, including the voices and ideas of people throughout our community, creates the best future for all of us. This is why Capital Square strives to partner with and support local small businesses<\/a>, both within our mixed-use and retail properties as well as in the neighborhoods surrounding our assets around the country.<\/p>\n\n

Winning Multifamily Development Awards<\/span><\/h6>\n\n

The Otis in Richmond, Virginia earned a 2024 CoStar Impact Award for “Multifamily Development of the Year”<\/a> in 2024; Maeve in Raleigh, North Carolina won a “2025 Impact Award”<\/a> from the Raleigh Downtown Alliance and the ENR Southeast\u2019s “2025 Best Projects Award”;<\/a> and this is only the beginning.<\/p><\/div>

\"Scott's<\/figure><\/div>\n\n\n
About Development Funds<\/span><\/a><\/div>\n\n
about Opportunity Zone Funds<\/span><\/a><\/div>\n\n
Explore Open investment opportunities<\/span><\/a><\/div><\/div>\n\n\n
\n

Case Studies & Construction Cameras<\/span><\/h2>\n\n

<\/p>\n\n

Discover the diverse capabilities of our development team:<\/p><\/div>\n\n\n

\n

\n Scott\u2019s Collection<\/a><\/h3>\n Richmond, Virginia<\/span>\n CSRA OZ Funds I, II & III<\/span>\n \n \n \"Outdoor <\/a>\n\n<\/div>
\n

\n Chasen<\/a><\/h3>\n Richmond, Virginia<\/span>\n CSRA Opportunity Zone Fund VII<\/span>\n \n \n \"The <\/a>\n\n<\/div>
\n

\n Livano Knoxville<\/a><\/h3>\n Knoxville, Tennessee<\/span>\n CSRA Opportunity Zone Fund VIII<\/span>\n \n \n \"LIV <\/a>\n\n<\/div>
\n

\n The Nickel Hotel<\/a><\/h3>\n South Carolina<\/span>\n CSRA Opportunity Zone Fund IV<\/span>\n \n \n \"The <\/a>\n\n<\/div>
\n

\n Maeve<\/a><\/h3>\n Raleigh, North Carolina<\/span>\n CSRA Opportunity Zone Fund VI<\/span>\n \n \n \"Maeve <\/a>\n\n<\/div>
\n

\n Otis<\/a><\/h3>\n Richmond, Virginia<\/span>\n CSRA Opportunity Zone Fund V<\/span>\n \n \n \"Beautiful <\/a>\n\n<\/div><\/div><\/div><\/div><\/div>\n\n

Building the Future of Real Estate\u2122
Capital Square Development Capabilities<\/span><\/h2>\n\n\n
\n
\n
\n
\"Icon<\/figure>\n\n

Master Planning<\/strong><\/p><\/div>\n<\/div>\n\n\n\n

\n
\"Icon<\/figure>\n\n

Development Management<\/strong><\/p><\/div>\n<\/div>\n\n\n\n

\n
\"Icon<\/figure>\n\n

Design &
Construction Management<\/strong><\/p><\/div>\n<\/div>\n\n\n\n

\n
\"Icon<\/figure>\n\n

Marketing Underwriting<\/strong><\/p><\/div>\n<\/div>\n<\/div>\n\n\n\n

<\/div>\n\n\n\n
\n
\n
\"Icon<\/figure>\n\n

RFP<\/strong><\/p><\/div>\n<\/div>\n\n\n\n

\n
\"Icon<\/figure>\n\n

Site Selection<\/strong><\/p><\/div>\n<\/div>\n\n\n\n

\n
\"Icon<\/figure>\n\n

Due Diligence<\/strong><\/p><\/div>\n<\/div>\n\n\n\n

\n
\"Icon<\/figure>\n\n

Delivery<\/strong><\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n

Start a conversation with our development team<\/span><\/a><\/div><\/div>\n<\/div>\n\n

“With the launch of our build-for-rent division and the ongoing success of our multifamily development division, Capital Square continues to expand our reach by providing innovative investment offerings while building better futures for the communities we serve.”<\/p>Capital Square co-CEO, Whitson Huffman<\/strong><\/cite><\/blockquote><\/div>","protected":false},"excerpt":{"rendered":"

The growth potential of Capital Square’s portfolio is significantly magnified by the firm’s best-in-class development team, already positioned as an industry leader within the opportunity zone space. 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