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
