Aerial view of a completed mixed-use village with rooftop gardens, narrow streets, and solar panels
Mixed-Use Development · Est. 2014
0
Communities Delivered
0.0M sq ft
of Connected Living
0%
Tenant Retention at Year Three

Neighborhoods, not buildings.

We stitch apartments above bakeries, co-working lofts beside courtyards, and pocket parks into the gaps between — engineering the conditions for community to happen.

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Narrow European-style street in a mixed-use neighbourhood with pedestrians walking past ground-floor cafés and apartments above
// Unit-Level Outcomes
68%
of residents walk to work

When the bakery is downstairs, the car stays parked.

Every Parcel community is designed around a 400-metre activation radius: every daily errand within eight minutes on foot. We model pedestrian desire lines before ground breaks, then place retail, childcare, and transit connections where the data says people will actually walk.

The result isn't a walk score — it's a behavioural shift. Residents who walk to work report 23% higher satisfaction with their building. Retailers in walking-distance positions turn over 1.8× faster than comparable isolated units.

Warm-lit ground floor café with outdoor seating on wet pavers, people sitting with coffee cups at dusk
// Ground Floor Health
0%
Retail vacancy since opening day

Foot traffic is engineered, not hoped for.

We don't lease ground-floor space and cross our fingers. Before we pour a single footing, we map the catchment population by hour-of-day, model dwell time, and curate a tenant mix where each retailer feeds the next. The coffee shop fills the morning peak; the lunch counter captures the noon overflow; the wine bar closes the evening loop.

Prospective anchor tenants receive a 12-month foot traffic projection with a 90-day post-opening accuracy guarantee. In twelve communities, our median projection error is 6.3%. No dark storefronts. No abatement clauses. No vacancy.

Lush rooftop garden with raised beds, solar panels, and residents sitting among plants with a city skyline behind
// Block-Level Livability
94 pt
Average livability score, independent audit

A courtyard you didn't know you needed, until you sat in it.

The pocket park between buildings isn't a residual space — it's the reason the buildings exist. We work backwards from the moment a resident sits on a wooden bench and hears coffee cups, birdsong, and children simultaneously, then design the massing, orientation, and programme to make that moment inevitable.

Rooftop garden plots are allocated within 72 hours of launch. Courtyard events happen organically within the first month. Community boards form before the first lease anniversary. These aren't amenities. They're outcomes of a system designed to produce them.

Aerial photograph of a dense mixed-use urban village with rooftop gardens, tree-lined streets, and varied building heights
// City-Scale Impact
$2.1B
Incremental tax base generated across portfolio

A rezoning that pays for itself in four fiscal years.

Municipal partners consistently report that Parcel developments outperform their infrastructure cost-recovery projections. Mixed-use density generates 3.4× the tax revenue per acre of comparable single-use residential, while placing fewer demands on road capacity and emergency services.

We present planning boards with a 10-year fiscal impact model before the first public hearing, benchmarked against three comparable precedents in similar-sized cities. The conversation shifts from 'can we afford to approve this' to 'can we afford not to.'

// Portfolio Performance

The numbers that make
planners say yes.

Every project in our portfolio is measured against the same seven indicators from day one. These are the averages across twelve delivered communities, audited by an independent urban economics firm.

$847
Retail revenue / sq ft / year
92
Average Walk Score across portfolio
0%
Retail vacancy since first opening
4.2×
Foot traffic vs. isolated retail
// Perspectives

Three seats at the table.
One consistent answer.

The Meridian Quarter rezoning sailed through council because Parcel's traffic and retail-mix data answered every objection before we raised it. We approved a 400-unit proposal in a single session — that has never happened in this city.
Councilwoman Diane Okafor, professional headshot in formal attire
Councilwoman Diane Okafor
Chair, Urban Planning & Zoning
City of Columbus, OH
We underwrote the Foundry District on Parcel's pro forma and it outperformed at every metric. Retail NNN is $4.20 per square foot above market. Year-three occupancy hit 99.1%. This is the fund's best-performing asset since 2019.
Brendan Szymanski, institutional investor in business attire
Brendan Szymanski
Managing Director, Real Assets
Lakeshore Institutional Partners
We signed a ten-year lease on a ground floor we'd never seen built yet, based entirely on Parcel's foot-traffic model. By month six we were doing 340 covers a day. The courtyard they designed next door fills our afternoon service every single day.
Nadia Ferreira, café co-founder smiling in her restaurant
Nadia Ferreira
Co-founder
Prova Café Group, Portland OR