Schlosser Development Corporation: Company Profile

Background

Schlosser Development Corporation (SDC) is a private real estate firm headquartered in Austin, Texas. Founded in 1985 by brothers Bradley and Andy Schlosser, the company has evolved from a two-person operation into a nationally recognized property developer and manager. SDC specializes in the development, leasing, and property management of commercial real estate, with a portfolio exceeding 4 million square feet across Texas, Oklahoma, North Carolina, Idaho, Colorado, and California. Notably, SDC is one of the largest private property owners in downtown Austin.

Key Strategic Focus

SDC's strategic focus centers on urban mixed-use developments that integrate retail, office, residential, hotel, and entertainment spaces. The company emphasizes design-driven projects that revitalize communities and enhance urban living experiences. Key areas of specialization include:

• Urban Mixed-Use Developments: Transforming underutilized urban areas into vibrant, multi-purpose spaces.

• Community Revitalization: Engaging in projects that rejuvenate neighborhoods and foster community engagement.

• Sustainable Design: Incorporating environmentally responsible practices in development projects.

SDC utilizes advanced technologies in project design and management, ensuring efficiency and innovation in its developments. The company's primary markets include major metropolitan areas in the United States, with a particular emphasis on Austin, Texas.

Financials and Funding

As a privately held company, Schlosser Development Corporation does not publicly disclose detailed financial information or funding history. However, the company's substantial portfolio and ongoing development projects indicate a strong financial position and capacity for significant investment in real estate ventures.

Pipeline Development

SDC's development pipeline includes several notable projects:

• Shoal Creek Walk: A mixed-use development in Austin, Texas, encompassing 220,000 square feet. The project serves as the corporate headquarters for Cirrus Logic, Inc.

• The Colony at Southpark Mall Redevelopment: A $500 million mixed-use project in Charlotte, North Carolina, featuring retail, office, residential, hotel, and entertainment spaces.

• 1111 West Sixth: A redevelopment project in Austin, Texas, involving the former Austin Independent School District building. The project includes tenants such as McGinnis Lochridge and VeraBank.

Technological Platform and Innovation

SDC distinguishes itself through its commitment to innovative design and sustainable development practices. The company employs advanced project management software and building information modeling (BIM) technologies to enhance design accuracy and construction efficiency. SDC's focus on sustainable design includes the incorporation of LEED-certified buildings, such as the 5th & Baylor mixed-use project, which serves as the corporate headquarters for HomeAway.

Leadership Team

• Bradley Schlosser: Co-founder and President of Schlosser Development Corporation. Under his leadership, the company has grown significantly, overseeing the development, ownership, and management of over 4 million square feet of property across multiple states. Brad holds an MBA from the University of Texas at Austin and has been actively involved in various community organizations, including KLRU Austin Public Television Station and the Boys & Girls Clubs of Austin.

• David Vitanza: Vice President of Schlosser Development Corporation. David plays a key role in the company's strategic planning and execution of development projects.

Competitor Profile

Market Insights and Dynamics

The real estate development industry, particularly in urban mixed-use projects, is characterized by significant competition and rapid market changes. Key competitors in this sector include:

• Mark IV Enterprises: A real estate development firm specializing in mixed-use and residential projects.

• Obrecht Properties: Focuses on commercial and residential real estate development.

• Caldwell Commercial: Engages in commercial real estate development and management.

These competitors, along with Schlosser Development, contribute to the dynamic and competitive landscape of urban real estate development.

Competitor Analysis

• Mark IV Enterprises: Specializes in mixed-use developments, integrating residential, retail, and office spaces to create vibrant communities.

• Obrecht Properties: Focuses on both commercial and residential projects, emphasizing sustainable design and community engagement.

• Caldwell Commercial: Engages in the development and management of commercial real estate, with a portfolio that includes office buildings and retail centers.

The competitive landscape is marked by a focus on sustainable development, community revitalization, and the integration of mixed-use spaces to meet diverse urban needs.

Strategic Collaborations and Partnerships

Schlosser Development Corporation has engaged in strategic partnerships to enhance its development capabilities:

• RockStep Capital: Partnered with RockStep Capital to develop three major power centers in suburban Houston, surpassing 1 million square feet in the process.

• Synco Properties: Collaborated on the redevelopment of The Colony at Southpark Mall, a $500 million mixed-use project in Charlotte, North Carolina.

These collaborations have enabled SDC to expand its portfolio and expertise in large-scale, mixed-use developments.

Operational Insights

Schlosser Development Corporation's strategic considerations include:

• Market Position: SDC holds a strong position in the Austin real estate market, being one of the largest private property owners in downtown Austin.

• Competitive Advantages: The company's focus on sustainable design, community revitalization, and mixed-use developments differentiates it from competitors.

• Strategic Opportunities: SDC has opportunities to expand its footprint in other major metropolitan areas, leveraging its expertise in urban mixed-use developments.

Strategic Opportunities and Future Directions

Schlosser Development Corporation's strategic roadmap includes:

• Expansion into New Markets: Leveraging its successful development model to enter additional metropolitan areas.

• Sustainable Development Initiatives: Continuing to integrate sustainable practices into all development projects to meet growing environmental and community expectations.

• Community Engagement: Enhancing community involvement in development projects to ensure alignment with local needs and preferences.

Contact Information

• Website: www.sdcaustin.com

• LinkedIn: Schlosser Development Corporation

• Facebook: Schlosser Development Corporation

• Twitter: @sdcaustin

Schlosser Development Corporation continues to be a significant player in the real estate development industry, known for its innovative projects and commitment to community-focused developments.