2018 Top-Selling MPCs: Infrastructure Financing Mechanisms
How are master-planned communities financing and constructing public infrastructure? RCLCO recently teamed up with Launch Development Finance Advisors to investigate, and found that 84% of the 50 top selling master-planned communities (as determined by our 25th annual report) utilized special purpose taxing districts.
The joint Launch/RCLCO study confirms that the private sector is playing roles that used to be primarily fulfilled by municipal governments with respect to constructing public infrastructure. Carter T. Froelich, Managing Principal of Launch observes that “The private sector now routinely uses public sector tools such as tax exempt bond financing through special purpose taxing districts including, but not limited to, community facilities districts (CA, HI, AZ), Special Improvement Districts (NV), Metropolitan Districts (CO), Public Improvement Districts (NM, TX), Municipal Utility Districts (TX) and Community Development Districts (FL) to create successful large scale development projects.”
Every year since 1994, RCLCO has conducted a national survey identifying the top-selling MPCs through a rigorous search of high-performing communities in each state. Our most recent report, The Top-Selling Master-Planned Communities of 2018, highlights the top line sales figures of the leading MPC’s. In addition, RCLCO maintains a robust database of MPC research, to better understand such issues as infrastructure finance, recreational and social amenities, marketing, buyer profiles, market segmentation strategies, housing products, commercial development, town centers and more. For more information, contact us.