Building Block Community Development
PUBLIC REAL ESTATE ADVISORS
We’re your collaborative real estate partner.
From revitalizing vacant property to unlocking economic development opportunities, we’re here to help redevelop underutilized community assets.
For owner’s project management services see our sister company Building Block Project Management
Personalized strategies for your property’s present and future.
Disposition and Requests for Proposals (RFPs)
We advise clients on property disposition and RFP processes from concept through completion. We also help developers and end users acquire public property and successfully respond to RFPs:
Determining goals for property and criteria for sales or RFP
Identifying development partners
Drafting term sheets and RFP documents
Analyzing proposals and offers
Ensuring ongoing compliance and oversight
Advising developers and end users on acquiring public property and strategies for winning public RFPs
Site and Proposal Analysis / Feasibility Studies
We evaluate potential uses and proposals to ensure viability:
Analyzing key site and use characteristics, including: market comparables and market studies, constructibility, urban design strategies, and environmental conditions, and site constraints
Completing financial analysis, including underwriting potential development schemes and analyzing proposals and pro formas.
Providing building test fits and use analysis
Overseeing capital needs assessments and reuse strategies for historic buildings
Completing zoning and permitting analysis
Leading proposal analysis and comparison
Vetting of developers and end users
We oversee and advise on the public engagement process:
Leading public charrattes
Fielding and organizing public feedback
Engaging stakeholders
Presenting goals and outcomes
Public Engagement
We identify and execute temporary initiatives to enliven underutilized public properties:
Advising on placemaking strategies
Leading design and construction of placemaking projects
Identifying short-term tenants and negotiating leases
Drafting operations plans
Temporary Placemaking
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Peter Erhartic
FOUNDER
Peter’s diverse experience in public and private real estate spans mixed-income housing, the adaptive reuse of historic buildings, and district-scale master-planned development.
Prior to founding Building Block, Peter was Director of Real Estate at the I-195 Redevelopment District, a quasi-public state agency responsible for the redevelopment of 26-acres of land in Downtown Providence where an elevated highway once ran. In this capacity, he oversaw dispositions and development RFPs leading to over $500 million of investment and 1 million square feet of development (proposed or built). Previously, Peter worked as a development manager for developers in New York City and Boston.
Peter holds a masters degree in real estate from Harvard University, a bachelors degree in history from Connecticut College, and is an AICP certified city planner.
He lives in Providence with his wife, Anne, and their two children, Marlow and Graham. In his free time he can be found on the water, rowing on the Seekonk River or swimming in Buzzards Bay, and enjoying the culture, food, and urbanism of Providence, New York City, and Boston.
OUR MISSION
