Posted by ppeery on June 16th, 2009
Transforming Bundoran Farm’s vision into reality requires a talented, experienced and dedicated team. Through the underlying tenants of Preservation Development, it is possible to preserve the character and use of this 2,300 acre heritage landscape while providing an opportunity for a limited number of families to live in a beautiful and authentic agrarian environment. An undertaking of this scale and significance requires substantial expertise and resources.
People looking at purchasing real estate, especially today, should be well informed about a developer’s strength and stability. The development team assembled for Bundoran Farm has a long track record of successfully completing a wide array of community development efforts along the eastern seaboard. “Each time, we and our partners try to push the envelope just a bit further and set the bar high a bit higher. Having been actively engaged in all aspects of real estate development for decades, this team has learned its lessons well and has stayed both competitive and stable through numerous economic cycles” explains Charles Adams, Bundoran Farm’s Co-General Manger and Celebration Associates’ Managing Partner.
Qroe Farm Preservation Development and Celebration Associates are the most visible members of the Bundoran Farm development team. This collaborative relationship began many years ago. Qroe’s track record of multiple successful projects based on the principles “Preservation Development” pioneered over 25 years ago by Qroe’s founder, Bob Baldwin, Sr. attracted the interest Celebration Associates’ founders Charles Adams and Don Killoren. In their exploration to find a way to successfully blend the preservation of rural landscapes, residential development and environmental stewardship, they met and got to know Bob Baldwin, Sr.
Almost instantly, Adams and Killoren knew they had found true kindred spirits in Bob Baldwin and the Qroe team, now run by Bob Baldwin, Jr, Bundoran Farm’s Co-General Manager. After hearing about the visionary work done by the members of the Celebration Associates team at Celebration Florida and Homestead Preserve in Hot Springs, VA, “my father knew he had found people who shared his views and visions regarding the preservation of our rural landscapes”, describes Bob Baldwin, Jr. In addition to being intrigued with Celebration Associates use of Patterns Books as a design tool and how they set up non-profit foundations in their communities, “we were especially impressed with their involvement in the establishment of the Disney Wilderness Preserve and the Warm Springs Mountain Preserve.” Now, Qroe and Celebration Associates are excited about opportunity to work together on the creation of Bundoran Farm, a community that is both naturally distinctive and profoundly significant to the heritage and character of Virginia’s pastoral countryside.
In addition to the managing partners, Bundoran Farm benefits from the financial strength and development experiences of two of its longtime close alliances, Crosland and The Springs Company. Crosland, LLC, based in Charlotte, NC, is one of the Southeast’s leading and most diversified real estate companies, known for developing and managing properties with an underlying focus on creating communities that are better places to live. “For us at Crosland, Bundoran Farm represents a new standard for preserving pastoral farmland and creating exceptional places for families to live”, describes Todd Mansfield, Crosland’s Chairman and CEO. Because of their financial strength and ability to see projects through to the end, Crosland was recently selected as the lead developer working along side Celebration Associates on the redevelopment of the Martha Jefferson Hospital site in Downtown Charlottesville. This opportunity further solidifies Crosland’s commitment and business interests in the Charlottesville area.
The Springs Company, founded by the Close Family, is based in Fort Mill, SC. They have established a reputation as a good corporate citizen that thinks long-term, as evidenced by the establishment of the 2,300 acre Springs-Close Greenway created from their 7,000 acre landholding in and around Fort Mill, SC. Their patient and privately held capital allows them to invest wisely in the community developments created and managed by Celebration Associates.
“It is the strength of these family partnerships that quite frankly allows our company the confidence and patience to move forward intelligently in this current world economy. We are blessed with not having the need to rush projects or cut corners in order to deliver on the realistic visions we project to our owners and neighbors”, explains Charles Adams.
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