Development

Development Solutions

Whether a new development or a redevelopment project, the Benchmark team is experienced in navigating through the multiple stages of each unique project. No two development projects are alike; as such, our team does not cut any corners.. Our professional development team significantly reduces the risk of surprises in any project, saving the time and money.

Like all projects, we know that each client also has specific needs. That is why we offer a variety of development services that can be customized to the project and the client.

Current Projects
Past Projects

Predevelopment Services

  • Site Due Diligence
    • Access property characteristics
    • Research land use, zoning, environmental and other constraints
    • Requisition needs assessments/market studies
    • Recommend highest and best use of property, both now and in the future
  • Coordination of necessary consultants needed for plan creation
  • Review and oversee consultant scope and timeline
  • Create and maintain project budget and pro forma
  • Represent client in all necessary meetings with governing officials (excluding legal counsel)
  • Assist client and/or city with land use changes
  • Lead any needed infrastructure construction projects on behalf of client
    • Maintain regular contractor meetings
  • Troubleshoot any issues throughout the process

Development Services

  • Site acquisition
    • Purchase due diligence
    • Acquisition of financing
    • Pro Forma creation
    • Closing assistance
  • Project budget and pro forma
  • Project Management
    • Selection of necessary consultants
    • Contract review and approval (not a substitution for legal counsel)
    • Review and recommend scope of project
    • Represent owner through city review processes
  • Construction Management
    • Owner’s representative throughout construction
    • Review all draw requests
    • Maintain budget and accounting
    • Monitor quality of contractor work
    • Assist in procuring final occupancy certificates

Meet Jackie Nickolaus

Jackie Nickolaus is the Vice President of Development Services at Benchmark Real Estate Group. Jackie is charged with developing Benchmark’s growing portfolio in the Central Iowa real estate industry. Jackie has deep roots in the Des Moines market.  Jackie has over a decade of experience focusing on multifamily, mixed-use, and commercial development projects across the Midwest and Europe. Prior to that, Jackie worked at the City of Des Moines in Community Development and the Office of Economic Development.  As the past President of CREW Iowa, Jackie furthers her passion for the advancement of the real estate industry and the exchange of ideas throughout the region.  She has a Bachelor of Arts from the University of Iowa and a Master of Arts from the Humphrey Institute of Public Affairs from the University of Minnesota.

Email Jackie