Commerical Real Estate
WDC’s Commercial Real Estate division seeks to identify, enhance and capture value through the development and redevelopment of market-rate, mixed-use real estate in high density, ethnically-diverse urban communities. These projects encompass a mix of property types, including residential, retail, office and hospitality in selected high-barrier, urban markets.
WDC’s Urban In-fill program was created to take advantage of the need for a variety of in-fill development opportunities in large urban markets where demand is growing and supply is constrained. Large urban markets and sub-markets are typically characterized as having several economic advantages over both smaller metro areas and suburban sub-markets, including:
- Superior access to highway systems and mass transit;
- Highly liquid real estate market and valuation premiums;
- Consistently low housing vacancies;
- Scarcity of developable land
With a primary focus on urban living, themes such as cutting-edge design, proximity to transit, access to quality schools, healthcare, high-energy and culturally active streetscapes, walkability and sustainability are critical to the success of Integral’s projects.
WDC’s existing pipeline opportunities include the urban commercial building of Dar-es-Salaam and Arusha. Future markets will include Mwanza, Dodoma, Mtwara and Dar-es-Salaam.