Encore Development

166 Single-Family Homes, 119 Senior Apartments & Mixed Use Commercial & Industrial Development

PROJECT HIGHLIGHTS
* Purchase land through a judicial sale out of a complex bankruptcy
* Work hand-in-hand with the city to fast track the project
* Innovative strategy to solve a 15 year wetlands lawsuit
* Site development and roadway construction

Low elevation brought the need to truck in clay.
We did this for a month straight!

Strategy

  1. Acquire foreclosed property by paying all liens.
  2. Clear area.
  3. Truck clay in to raise elevation for proper sewer construction.
  4. Create a lake.
  5. Build road, curbs and water construction.
  6. Install underground utilities 
  7. Partner with Ryan Homes to begin residential construction.

Despite extreme challenges,
GD3 Ventures is ahead of schedule
and below budget!

Foreclosure To Gold Mine

The city had previously foreclosed on the property after the original owners of the land fell behind on tax payments. City Council then determined to turn the area into a tax increment financing incentive district. Construction is ongoing and estimated to be completed in July of 2020. 

GD3 VENTURES • PO Box 384 9124, TYLER BLVD., MENTOR, OHIO 44060 • (440) 255-6535