Building Better Neighborhoods Through the Use of Incremental Development with Monte Anderson – Ep. 48 - a podcast by Matthew Loos, P.E.

placemakingpodcast@gmail.comFacebook-fTwitterLinkedinInstagramBuilding Better Neighborhoods Through the Use of Incremental Development with Monte Anderson– Ep. 48
About the GuestI am extremely excited to share this next conversation with all of you. Monte Anderson is the President of Options Real Estate a multi-service real estate company specializing in creating sustainable neighborhoods in southern Dallas and northern Ellis counties in Texas. Monte began his real estate career in 1984 and since that time has concentrated solely on improving the living and working environments in these communities where he was born and raised. Monte is an outspoken and frequently recognized advocate for policies and practice to serve urban neighborhoods. He currently focuses his development practice in three areas in North Texas: the southern neighborhoods of the city of Dallas, the first ring suburb of Duncanville and exurban town of Midlothian.
Options Real Estate was founded in October of 1991 as a full service commercial real estate company specializing in Southern Dallas County with one mission in mind: To make their neighborhoods and business owners better through the built environment. Their team believes in enhancing the quality of life of Southern Dallas&Northern Ellis Counties and advancing its image, in order to provide an enduring inheritance to future generations. They hope to build a community where residents can enjoy educational and employment opportunities that utilize the technologies of the 21st century, find cultural and spiritual fulfillment, and have a diversity of OPTIONS for shopping, dining, entertainment, living, or homes.
In this episode, we are going to discuss the importance of finding and cultivating your own territory or “farm”, how to raise capital for your next real estate development deal, and what it truly means to be an incremental developer. There is loads of great information in this episode and I greatly appreciated Monte for taking the time out of his extremely busy schedule to discuss this topic of improving communities through the use of incremental development with me. As always, if you have enjoyed the show, please subscribe to the show and share it with your friends in the industry. There will be more exciting conversations on the shows to come.Main Take-Away’s From This Show
This was another fun episode to record. I hate to pick favorites because it is so hard to do, but this one is up there as one of my favorite episodes to record. I thoroughly enjoyed Monte candidly sharing his story as well as the story of the Options Real Estate. Monte really provided some great inspiration for those looking to get into development but may not know how to get in to development. He showed through his story that anybody really can get into development. Even someone whose job is to pick up trash in a parking lot. There were so many great talking points that Monte made throughout the discussion, so it is hard to just pick three for my main take-away’s this week. The following main topics of the show come from an understanding of incremental development that Monte possesses.1. Finding and Cultivating your “Farm”2. How to Develop Incrementally out of Necessity.3. Don’t chase money. Let money chase you.
As always, I will dig into each of these “take-aways” every week on the blog. So, without further a due, here we go!Finding and Cultivating your “Farm”Monte provided so many great analogies during the course of our discussion to better paint a picture of what he is doing in south Dallas. One of the comparisons made was of the area he consistently “cultivated” for development to a farm. This is not hard to conceive visually. He is constantly tending to his farm by planting seeds of developmen...

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