
The Building Culture Podcast
#7 R. John Anderson - An Insightful Journey From Tradesman to Developer
Jan 26, 2024
In this podcast, R. John Anderson, a tradesman turned developer and influential figure in urban planning, shares his unique journey. He discusses his early challenges, the impact of the 2008 financial crisis, his transition to a successful developer, insights on small-scale development and building sustainable communities, and his perspective on 'form follows finance' in urban planning.
01:29:12
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Quick takeaways
- Utilizing underutilized and vacant spaces in strip centers along arterial roads can be a profitable investment for small developers.
- House hacking, where buyers live in one unit and rent out others, is a smart strategy for young and small developers to make housing more affordable.
Deep dives
Opportunities in Corridors of Crap
One interesting financial opportunity for small developers is to utilize underutilized and vacant spaces in strip centers along arterial roads. By dividing and renovating these spaces, developers can create smaller, more affordable commercial units that are in high demand. These spaces can be leased out to office or service-based businesses, offering a more attractive alternative to second-floor spaces in larger buildings. This approach can provide immediate rental income and be a profitable investment.
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