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38. Lessons From The Field With Developers Darnell And Katrina Stewart

Here's a glimpse of what you'll learn in this episode: 

  • Introduction of developers Katrina and Darnell Stewart. 

  • Adapting to project changes. 

  • Building your Pro Forma as a first time developer. 

  • Finding balance between a city and client's wants/needs. 

  • Exploring partnerships to move your project along

  • Breck's project highlight of the week: Concord Square at Islandview!

If you're interested in the work that Darnell and Katrina are doing - or have funding opportunities for their veteran housing project reach out to them by contacting them here:

“Being a developer is about having an idea and continuing to change the project and process as you go on.” 

-Darnell and Katrina Stewart (Developers of Concord Square at Islandview)

Show Notes:

  • 0:30 - Introduction to Episode 38. 

  • 1:54 - Breck’s project highlight of the week: Concord Square at Islandview! 

  • 3:36 - Introduction to Developers Darnell and Katrina Stewart.

  • 5:57 - Leaving a legacy for their family and for the city of Detroit. 

  • 9:25 - How Darnell and Katrina’s development expanded. 

  • 13:09 - The politics of getting buildings built.

  • 17:36 - Finding balance between a city’s request and a client's wants/needs. 

  • 21: 38 - Adapting to change as a developer. 

  • 22:14 - What you need to know about pre-construction funds. 

  • 23:56 - Darnell and Katrina’s process of finding a development partnership. 

  • 25:20 - Importance of understanding your Pro Forma as a new developer. 

  • 28:00 - Breck’s continued beef with the Detroit Land Bank. 

  • 29:07 - Conquering the hurdle of land acquisition. 

  • 32:50 - The pressure of building something cool. 

  • 33:47 - Finding partnerships and approval through veteran housing. 

  • 37:25 - Concluding thoughts for Episode 38.

If you're intrested in the work that Darnell and Katrina are doing; or have funding oppurtunites for their veteran housing project, we encourage you to get in touch with them by reaching out at

Check out this supplemental episode for today's conversation:

Alternative Consction For Veterans Housing With DeShawn Wilson

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