historic preservation, renovation, consulting | WHEN Development, LLC

WELCOME

To save a historic property, you need to know when.

Historic Preservation does not a have a long history in the U.S. However, national, state and local governments are issuing new laws and incentives to help developers figure out how to preserve local charm, character, and architectural integrity. “Tear it down and build something new” is now “save what you have”. To support this movement, a successful developer, tax credit financier and marketing expert now spearhead new energy in the Southeast through the formation of WHEN Development, LLC.

Our high level expertise in consulting, acquisition, finance, development and marketing coupled with our solid team of allied professionals serves municipalities seeking to restore the value of property and community -- because a profitable and sustainable environment creates revival amongst people. Most of the real estate properties we now pursue qualify to create the added asset of tax credits, which can be monetized to lever investor equity and reduce the amount of long-term debt needed.

HELP

These are what we want to save in your town!

I have always had the ability to look at the potential a project holds. I can look at a raw piece of land and see the end result or look at an existing structure and envision what it can be. This has bode well for me over the years as I have been able to turn this into a profession whereas I work on not only properties that I own but also remodels and historic renovations for individuals, municipalities and even HUD.

Todd Maynor, Development Director

We seek to be on the right side of the historic preservation movement as a wanted guest at the table, and not the dreaded developer of legend.

Robert Worley, Managing Director

As with entertainment tax credits and high quality low income tax credits before, when government policy dictates incentives for economic activity in your state, it is wise to follow --- but even better to lead.

Mitch Michalak, Finance Advisor

PROPERTIES

View our featured properties

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South Hill Drake House

Griffin, GA (Currently In Development)

Acquisition: $ 45,000

Renovation: $ 255,000 targeted

Proj. Appraisal: $ 600,000

Todd and Robert are working with Russell to renovate and restore this 4,000 sq. ft., one-floor, 1860 Greek Revival Masterpiece to former glory. This acquisition story couldn’t fit our profile ANY better!

Setter’s Run

Marietta, GA

Acquisition: $ 192,500

Renovation: $ 600,000

Appraised: $ 950,000

Developed by Robert Worley, O. Russell Worley, AIA & Ben Burney with T.S. Adams Studio Architecture and Will Goodman Landscape Design.This team renovated and expanded a 1934 bungalow house into a secluded enclave in the Church Cherokee Historic District.

Longview

Signal Mtn., TN

Acquisition: $ 337,000

Renovation: $ 89,000

Appraised: $ 649,000

Todd re-designed and renovated this 1993 Southern living plan known as American Country House.

North Crest

Chattanooga, TN

Acquisition: $ 45,000

Renovation: $ 140,000

Appraised: $ 510,300

Todd re-imagined and renovated this 1895 house to maximize its mountain view of downtown Chattanooga.

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What does your building want to be?

WHEN offers property development consulting services on a contract basis.

As consultants, we can assess the feasibility and viability of potential project design, finance, branding and implementation.

The Directors and Allies of WHEN DEVELOPMENT also have skill sets to actually plan, set up, manage and promote the business ventures

that will arise out of these proposed development projects!

CLICK HERE for our consulting brochure.

Let’s find a fee that works for everyone.

NEWS

The latest news from When Development

The sun sets on the planning phase, as construction begins on c1850 Gilman Drake Masterpiece

3/12/18

Demo begins March 2018 on the Gilman Drake House on South Hill St in Griffin GA.

Plans include lengthening the dramatic entry hall in order to reestablish the former back porch area. The re-envisioned back porch and the two renovated back wings will frame a new deck that will offer quite the sunset view.