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The Fort - An Entrepreneurship Podcast
#362 - Steve Van Amburgh - CEO @ KDC - Developing The BEST Corporate Build-To-Suits in America
Aug 20, 2024
Steve Van Amburgh, the CEO of KDC with extensive experience in corporate development, shares insights on building major corporate campuses, including a pivotal project for State Farm. He discusses the complexities of negotiations, the importance of focus, and how to navigate the modern construction market. Steve also emphasizes the need for transparency in communication with city officials and the impact of market dynamics on project execution. His leadership in managing over 37 million square feet of development showcases the blend of strategy and adaptability required in the industry.
01:11:23
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Quick takeaways
- Clear communication and over-communication are vital in real estate projects to prevent costly surprises and ensure stakeholder satisfaction.
- Managing multiple banking relationships can be streamlined using comprehensive solutions like Vesto, which enhances financial oversight and operational efficiency.
Deep dives
Effective Communication and Transparency
The emphasis on maintaining clear communication is paramount in real estate projects. By fostering an environment where all parties are informed about potential changes, stakeholders can avoid costly surprises, such as unforeseen expenses amounting to substantial amounts. The practice of over-communicating is not just a policy, but a value that ensures all involved clearly understand timelines, costs, and expectations. This approach not only builds trust but also facilitates smoother project execution and stakeholder satisfaction.
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Discover
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