Key Takeaways

Tap into local government programs and economic incentives when approaching complex developments.

Get creative with deal structures—there's no one-size-fits-all in real estate development.

Build alignment in values between partners, investors, and community stakeholders before moving forward.

Focus on legacy-driven development, not just profit—what you build should serve communities for generations.

Don't underestimate the power of relationships with city officials, planners, and local decision-makers.

Keep pushing forward even when the timeline stretches—transformational projects often take years to execute.

Episode Timeline

[0:00 – 2:30 ] Mike introduces Katie Kim and previews the episode's focus on creative development.

[2:31 – 5:30 ] Katie shares her early background and how she entered real estate.

[5:31 – 8:30 ] The Kim Group's unique approach to development and community engagement.

[8:31 – 11:30 ] How to use TIFs, incentives, and P3 strategies for high-impact projects.

[11:31 – 15:00 ] The long game in development—why patience and politics matter.

[15:01 – 19:00 ] Aligning investor expectations with community needs.

[19:01 – 23:00 ] Real-life examples of transforming overlooked spaces into vibrant assets.

[23:01 – End] Katie's advice for new developers and closing thoughts on legacy-focused investing.

Contact

Website: Kim Group

Social Handle: @katiekim