Will Macht

Biographical Sketch
William P. Macht

 

William P. Macht is currently President of Macht & Company, a development, management, consulting and investment firm.  He is also, for over 29 years, Adjunct Professor of Urban Studies & Planning in the College of Urban & Public Affairs at Portland State University and Associate Director of the Center For Real Estate.  In these positions, as in much of his prior development experience, he concentrates on the types of mixed-use, public-private partnerships and retail marketplaces pioneered by the Rouse Company, which he served as a Development Director. Mr. Macht was asked to be an Adjunct Professor of Architecture at the Architecture School of the University of Oregon/Portland Center where he has taught “Urban Development: Housing & Mixed-Use” to graduate architecture students.

PRIVATE DEVELOPMENT EXPERIENCE [Representative Clients & Projects]:

Officers' Row:  Under contract with the Vancouver Area Development Authority (VADA) Macht & Company completed with VADA, under budget and ahead of schedule, the development of Officers' Row, 21.3-acre mixed-use downtown historic district rehabilitation project which is the centerpiece of the 640 acre Central Park in Vancouver, Washington. The firm's comprehensive responsibilities for the public-private project included conceptual development, planning, design, historic approvals, financing, construction, leasing and property management through full occupancy of the project.  Officers' Row adaptively re-used the 21 buildings that housed such military figures as Generals Grant, Marshall, Bonneville, Sheridan, and Bradley as well as 40,000 s.f. of specialty townhouse offices, 50 residential townhouses, a restaurant in the Ulysses Grant House, an exhibition gallery and public offices for the Governor, Senator and Congressman in the George Marshall House.

Vancouver City Hall & Library:  Macht & Company, in a joint venture with OTAK, Inc, was selected as one of two finalists, [Gerding-Edlen was the other] from a field of six developers, to plan, design, finance and construct a new Vancouver City Hall and downtown central Library and headquarters for the 3-county Fort Vancouver Library District.  The OTAK/Macht joint venture would expand the City Hall to 130,000 SF with a 200-car parking garage. The 130,000 SF Library would be connected to the City Hall through a common Civic Hall and Plaza and would share use of the 400-seat Council Chamber/Performing Hall, a Conference Center, CVTV television studio, a Computer Training Laboratory and a variety of support services. Public parking would be accommodated in an additional 500-car shared parking garage. Following deferral of the competition, OTAK/Macht was retained to complete an analysis and evaluation of inclusion of a City Administration Building as part of the Clark County campus.

Rouse Company:  Mr. Macht was a Development Director of the Rouse Company, which is a national developer of mixed-use urban centers, festival marketplaces, and the new city of Columbia, Maryland.  Mr. Macht formulated and implemented development plans for approximately 2 million s.f. of mixed-use urban centers with festival market components and for the rehabilitation of large retail developments.  In the course of his work, he negotiated a variety of joint development agreements with the Marriott Corporation for the joint development of a 200 room hotel, with the Reynolds Metals Development Company for the joint development of a 240 unit high-rise apartment complex, with Transamerica Investment Group for joint development of a 100,000 s.f. high-rise office building, and with Metromedia, Inc. for the joint development of a recreational center including a multimedia amphitheater, ice rink, squash club and swimming club.  Mr. Macht also negotiated the inclusion of a variety of public uses in mixed-use projects including an Arts Center, a Transportation Center, and a Community Office Center.

Hood RiverFront:  Macht & Company formulated a public-private, mixed-use Development Plan for Hood RiverFront, a 20-acre urban waterfront project which was the centerpiece for revitalization of a 55-block portion of the Hood River, Oregon waterfront.  The project was anchored by a 150-unit Hood RiverFront Lodge, to be developed by D.M. Stevenson Ranch [DMSR], and Hood RiverFront Center which includes a 15,000 s.f. Conference Center, a 25,000 s.f. Exposition Center, a Transportation Center, a Visitors' Center, and a six-plex cinema to be used off-peak for daytime conferences. Designed by Zimmer Gunsul Frasca, the plan is unified by Park Blocks and Courtyard Blocks at the intersection of which is the largest Public Plaza in the city.  Along these public spaces, there are plans for mixed-use retail, office and live-work housing.  After the Port of Hood River selected DMSR and the plan through a competitive RFP process, Macht & Company negotiated a public-private partnership, which obtained conditional use and other approvals for the project.

Transpacific Development Company:  Mr. Macht was retained as a development consultant by Transpacific Development Company to formulate a conceptual development plan for the 137-acre Peterkort project at the gateway to the Sunset Corridor.  The focal point of the project was a dense node of mixed urban uses including two 240-room hotels, 840,000 s.f. of offices [of 1.3 million s.f. total], 60,000 s.f. of high-end specialty retail and restaurants, 17,000 s.f. multiplex cinemas, a 30,000 s.f. athletic club, and a Tri-Met transit center all linked with major pedestrian spines, squares and terraces.  Mr. Macht assisted the developer and the architect [Zimmer, Gunsul, Frasca] to achieve an urban alternative to the suburban sprawl typical of the surrounding area.

Norris, Beggs & Simpson:  Mr. Macht was retained as a development consultant by Norris, Beggs & Simpson, which was the court-appointed receiver of Mercantile Village, a 20 acre, 150,000 s.f. retail and office commercial village in Lake Oswego.  Mr. Macht performed a detailed physical and market analysis of development deficiencies and formulated a detailed rehabilitation program.  That program proposed new organizing concepts, circulation improvements, re-leasing plans, common area improvements, graphics, lighting and storefront programs and operations changes, all of which were designed to transform liabilities into assets to capture significant market share in the highest income city in Oregon.  Mr. Macht also successfully testified before the city to allow appropriate planning and design changes

Landsing Property Corporation [Lakeharbor Marketplace]Mr. Macht was retained as a development consultant by Landsing Property Corporation for the development of Lakeharbor Marketplace, a 70,000 s.f. specialty retail center on a 30 acre lake within a 120 acre mixed-use [retail/office/ residential/recreational] development in Boise, Idaho.  Mr. Macht provided schematic design and market analysis, tenant mix and location analysis and leasing plan configurations and targets.

American Property Management Corporation [Market Square Retail Center]:  Mr. Macht was retained by the property management company and Weston Investment Company, the owner, to perform a physical and market analysis of development deficiencies and to formulate a rehabilitation program for the 90,000 s.f. Market Square center in Salem.  The program targeted market segments, tenant mix, identification concepts, store configuration, parking improvements, marketing concepts and other major rehabilitation issues.

Landsing Property Corporation [Paulson Capital Building]:  Mr. Macht acted as initial co-developer and subsequent development consultant to Landsing Property Corporation for the development of a 50,000 s.f. waterfront office building within the Yamhill Historic District in downtown Portland, Oregon.

Smith-Ritchie Development Company:  Mr. Macht was retained as a development consultant to Smith-Ritchie for the rehabilitation and adaptive reuse of the historic Haseltine Building [44.000 s.f.] a massive, stone-arched former electric warehouse structure within the Skidmore-Old Town Historic District in downtown Portland, Oregon.  Working with the architect, Zimmer, Gunsul, Frasca, Mr. Macht assisted in the formulation of the development program, design development and leasing plan for the adaptive re-use of the historic Haseltine Building.

Riverview Properties:   Mr. Macht was retained as a development consultant to Riverview Properties for the development of a cluster of specialty office structures aggregating 30,000 s.f..  Mr. Macht also represented the developer before the City of Lake Oswego.

Regional Management, Inc.:  Mr. Macht was associated with the firm managing Macht family interests in the development and management of 9,000 residential units on the East coast, together with smaller retail and office developments.

 

PUBLIC DEVELOPMENT EXPERIENCE:

Vancouver Barracks:  Macht & Company has been retained by the City of Vancouver, as part of a multi-disciplinary team, to evaluate the adaptive reuse potential and to formulate an adaptive reuse development plan for the 16 historic buildings on the west side of Vancouver Barracks within the Fort Vancouver National Historic Reserve. The firm also provided preliminary development consulting services for an additional 16 buildings on the east side.

Vancouver City Hall:  Macht & Company was retained by the City of Vancouver, through Zimmer Gunsul Frasca, to evaluate the space needs of the City with respect to potential mixed-use development including a new City Hall.  The company defined a development concept and development program for a 130,000 s.f. City Hall, an 80-100,000 s.f. Fort Vancouver Library and a carefully integrated plan for mixed-uses. Following deferral of a subsequent competition in which, the OTAK/Macht & Company joint venture was selected as one of two finalists from 6 developers, OTAK/Macht was retained to complete an analysis and evaluation of inclusion of a City Administration Building as part of the Clark County campus.

Camas City Hall:  Macht & Company was retained by the City of Camas as the development consultant, in conjunction with a team of architects from Group Mackenzie, to perform a feasibility study for a new municipal center. The team defined four alternatives for buildings on one or two blocks from 35,000 to 50,000 s.f. with a 200-car parking structure at costs ranging from $19 to $27 million. Macht & Company also defined six different financing options for the City of Camas.

Waucoma Telecommunications CenterAs an elected Port Commissioner, Mr. Macht guided the planning and development by the Port of Hood River of a 200,000 s.f.  $10 million, Waucoma Telecommunications Center adaptive reuse project of a former cold storage warehouse anchored by the regional headquarters of United Telecommunications (Sprint).  Serviced by fiber-optic connections, the design accommodates shared tenant services, a state-of-the art teleconference center and market-phased development within an historic structure.  The Center also houses the U.S. Forest Service Columbia Gorge National Scenic Area management offices.

Cannery Rehabilitation:  Mr. Macht was Chairman of the Development Committee that formulated the adaptive reuse development plan for the Port of Hood River, which redeveloped 750,000 s.f. of the former Diamond Fruit Cannery in 13 buildings on 20 acres in downtown Hood River.  The Cannery was projected to include up to 230,000 s.f. of food factories visible behind glass walls surrounding a festival center.  The project was intended to function as an incubator for businesses which reinforce the local fruit industry, as an attraction to capture a reasonable share of over two million annual Columbia Gorge tourists, and as a catalyst for downtown revitalization.  Full Sail Brewing Company now utilizes most of the structure and has rebuilt the older Cannery portion. Humanities Software and other technology startups use the balance along with DaKine sailboard accessories sewing and distribution operations.

Oregon Investment Board:  Mr. Macht was appointed by Governor Roberts to the Oregon Investment Board which is dispenses economic development funds authorized and appropriated by Congress pursuant to the Columbia Gorge National Scenic Area Act.

Multnomah County [Blue Lake Park Development Plan]:  Mr. Macht was retained by Multnomah County to undertake a critical analysis of a development plan for Blue Lake Park, a 185 acre park in East Multnomah County.  The development plan provided for a public-private partnership to develop a golf course, single-family residential area, recreational vehicle park, Indian interpretive center, Lake House meeting/reception center and exhibit hall.  The review included a financial analysis of projected income streams and development costs, as well as implementation strategies.

ROSE Community Development Corporation:  Macht & Company was retained by ROSE Community Development Corporation to undertake the Lents Station Development Plan to revitalize and redevelop the commercial heart of the Lents area of southeast area of Portland adjacent to the I-205 freeway.  The plan targeted those actions that could be undertaken by the public, private and non-profit sectors.

Educational Service District 112:  Mr. Macht was retained by the Educational Service District 112 to analyze and evaluate to existing leases, physical plant, parking and site plans, examine ESD legal authorities, review zoning & building uses, examine potential tenant relocations evaluate ESD program implications, create financial sensitivity models and evaluate potential acquisition strategies for a 555,000 SF, 5-building office/industrial campus in Vancouver.

Historic Mt. Hood Railroad Acquisition:  Mr. Macht helped initiate and conclude the successful negotiation and acquisition by a private investment group from Union Pacific of the 21-mile Mt. Hood Railroad for the purpose of both freight and excursion service.  The project involved rehabilitation of the historic train station adjacent to the Cannery.

Mixed-use Waterfront Development Plan:  As Chairman of the Port Marina Committee, Mr. Macht directed the expansion of waterfront retail, restaurant, office and recreational uses.  As the Commissioner on the Wells Island Committee, Mr. Macht helped formulate the plan for a day-use conference center and botanic garden on the 83-acre island.  Mr. Macht also was instrumental in shifting the direction of the overall waterfront development plan from industrial to a more intensive mixture of recreational and commercial uses.

Columbia Gorge Development Bank:  Mr. Macht was the author of a proposal to create a federally chartered, bi-state Columbia Gorge Development Bank to provide loans, guarantees and technical assistance to public and private developers within Gorge cities for specific projects consistent with an approved waterfront and downtown revitalization and development plan.  The concept was accepted and endorsed by all four Oregon and Washington Senators, by both states' Governors, and by Congressmen Bonker and Wyden.  The Bank was structured to become a self-funding corporation with paid-in seed capital re-allocated from existing federal programs, and with adequate callable capital to permit the Bank to raise capital in private capital markets.

City of Waukegan, Illinois Waterfront Redevelopment Plan:  Mr. Macht was selected by the Urban Land Institute to be one of six national ‘experts’ on waterfront development to devise a development strategy and plan for 1400 acres of waterfront land along Lake Michigan adjacent to downtown Waukegan, containing a 1,000-slip marina, a 1.5 million SF empty Outboard Marine plant, a polluted former Johns Manville asbestos plant, a gypsum plant, a coal-fired power plant, a sewage treatment plant, a paint factory, a water treatment plant, a public waterfront park and a multi-modal transit station for the Metra commuter train. In a week of intensive all-day work sessions, the group devised and presented a viable and integrated development plan which adaptively reused the industrial structures, revitalized the marina and park, remediated environmental liabilities of the waterfront and introduced high density residential housing on the waterfront and connected to downtown. The ULI published the plan; the City adopted the plan and is implementing it.

GorgeTrust:  Mr. Macht was a founding member of the Board of GorgeTrust following an intensive workshop of Gorge stakeholders held at Skamania Lodge in 1993.  GorgeTrust is a 501(c)(3) non-profit Washington corporation formed to promote sustainable development within, and conservation beyond, the 13 cities of the Gorge.  He was elected to serve as President and Board Chairman.

Salt Lake City, Transforming Obsolete Urban American Malls: Mr. Macht was selected by the Urban Land Institute to be one of 10 national developers to debate the problem of transforming obsolete malls in urban America. Led by the former 16-year mayor of Indianapolis and Congressman, William Hudnut, and the current mayor of Salt Lake City, Ross Anderson, the group devised alternatives to revitalize downtown urban malls as integral elements of downtown communities.

City of Macon, Georgia Waterfront Redevelopment Plan:  Mr. Macht was selected by the Urban Land Institute to be one of three national ‘experts’ on waterfront development to devise a redevelopment strategy and plan for an 8-acre site adjoining the Ocmulgee River in downtown Macon. In intensive three-day work sessions, the group devised and presented a viable and integrated development plan which adaptively reused industrial structures as urban housing; replaced strip commercial uses with a combination of urban townhouses in the first phase and high density urban high-rise housing in a second phase.

City of Monrovia, California Transit-Oriented Redevelopment Plan:  Mr. Macht was selected by the Urban Land Institute to be one of six national ‘experts’ on transit-oriented development to devise a redevelopment strategy and plan for a 25-acre redevelopment site in downtown Monrovia including one of the few at-grade stations for the new Gold Line light rail line in Los Angeles County. In a week of intensive all-day work sessions, the development team devised and presented a viable and integrated development plan which rehabilitates the historic Santa Fe railroad station, adds high density urban residential housing and support retail and restaurant services in three phases. The plan also delineates design and development guidelines for redeveloping one mile of the historic main street of Monrovia anchored at one end by the historic Old Town restaurant row and urban Cineplex and at the other by the new transit-oriented development to be called Station Square.

Caribbean Development Bank:  While an attorney with the U.S. Treasury Assistant General Counsel for International Affairs, Mr. Macht drafted the charter for the Caribbean Development Bank.  He also participated in the review of projects before the Asian and Inter-American Development Banks and the International Finance Corporation in the World Bank Group.

Appalachian Regional Development Commission [Senator Robert F. Kennedy]:  While an aide to Senator Kennedy, Mr. Macht worked on legislation involving the 13 state Appalachian Regional Development Commission.

Atlantic Community Development Group for Latin America (ADELA) [Senator Jacob K. Javits]:  While an aide to Senator Javits, Mr. Macht worked on problems concerning both the Atlantic Community Development Group for Latin America (ADELA) and the Peace By Investment Corporation.

 

ACADEMIC DEVELOPMENT EXPERIENCE:

Development Planning:  As Adjunct Professor of Urban Studies & Planning in the College of Urban & Public Affairs at Portland State University for the past 26 years, Mr. Macht teaches graduate planners sequential courses in Real Estate Development Planning I & II and a Development Planning Workshop.  The courses evaluate the new public/private partnerships, which are increasingly used for downtown redevelopment, historic rehabilitation, integrated mixed-use urban centers and new communities.  They analyze the critical conceptual, feasibility and deal-making phases of the development process, as well as the development and management phases.  They examine the new affirmative roles played by both public and private developers, as well as unusual joint development entities. They use the Socratic method for interactive dialogue and instruct students in performing independent case studies of completed projects in the first term and creating independent development plans in the second term.

Development Planning Workshops: Mr. Macht formulated the Development Planning Workshop as an interdisciplinary and participatory course in development planning focused on a specific new or adaptive reuse development project of regional significance. Acting as a group development team, or in separate development teams, the class produces a Development Plan or Plans intended to contribute realistic solutions to important issues of public policy as expressed through definable public-private development projects. It collaboratively joins professional resources within the metropolitan urban community in urban, economic and sustainable development, urban design and architecture, market analysis, finance, brokerage, management and law. Students, professors and guest mentors are planners, developers, architects, contractors, economists, bankers, brokers, lawyers, public servants and journalists.

Coliseum Reuse Workshop: In the first workshop, Professor Macht divided 18 students into four teams that produced four viable plans for adaptive reuse of Memorial Coliseum including [1] a 650-room convention headquarters hotel within the structure; [2] a 540,000 square-foot Sustainable Technology Center housing up to 2,000 jobs in energy and environmental technologies; [3] a retail Urban Home Center anchored by IKEA and EXPO Design Center or [4] a Memorial Arts Center housing Portland ballet, opera, symphony, drama and film institutions along with an 80,000 square-foot commercial broadcast center, 10-screen Cineplex, a 10,000 square-foot arts and music bookstore and a 15,000 square-foot terrace restaurant overlooking the Willamette River and downtown Portland.

Downtown Vancouver Waterfront Workshop: Another recent workshop produced a development plan for the downtown Vancouver waterfront extending the urban grid to create 37 developable blocks with a variety of housing types to develop 4,800 units and 310,000 square feet of retail, restaurant and condominium office space surrounding 7 urban waterfront parks. The workshop also devised a $200 million balanced transportation plan in lieu of a $1.2 billion I-5 bridge replacement. The plan added two center lanes to the freeway on existing piers, a second rail bridge with a third heavy rail track for passenger and commuter rail, two light rail tracks and four arterial lanes. By replacing a rail swing span with an efficient realigned lift span, the plan also aligned river navigation channel openings to eliminate highway bridge lift delays. The development plan would increase the Vancouver tax base on the waterfront from $40 million to $1.3 billion at buildout.

Urban Center East Workshop: Mr. Macht taught a development planning workshop on the redevelopment of 7 of the 9 blocks between 3rd and 6th Avenues and Harrison and Market Streets in Portland. The workshop developed a plan to build 2.6 million SF including 1,850 housing units most of which were workforce housing and 47% of which were priced at under $250,000; a Montgomery Row centrally managed retail center of 280,000 SF; flex and condominium office space totaling 279,000 SF and a 133-room hotel in a mixed-use condominium, office and retail complex. The plan was supported by a 2,568-space underground shared parking facility under 4 city blocks to be built by the private sector and purchased by the PSU Foundation using tax-exempt parking revenue bonds. PSUF ownership and management, at the lowest capital costs and operating expenses, generates $1.6 million annually in net cash flow plus another $1.6 million annually in ground rents from leasing the parking structure roof for private development. The plan also developed a 413,000 SF Portland Center for Urban Technologies [PCUT] with 211 high-tech classrooms, a 600-seat circular auditorium divisible into four 150-seat lecture halls, a broadcast center, a 142,000 SF flex space incubator for companies started by creative class, urban professionals applying urban technologies in energy, transportation, parking, urban design, development, planning, health, security, justice, communications, privacy, governance, etc. The plan raised the tax base from $26 million to over $890 million producing tax revenues of over $18 million annually on a PDC investment of $13.5 million.

University Place Workshop: Mr. Macht taught a development planning workshop on the redevelopment of the 4-acre University Place hotel site owned by PSU. The workshop formulated a development plan that transformed the hotel into a 180-room extended-stay educational conference center more than doubling its conference space to 21,000 SF plus glazing its courtyard to create a 3-level atrium for conferences, theatrical performances, college convocations and an expanded jazz club/bistro. The plan also added 1200 units of innovative student housing built from shipping containers at a cost of $44,000 per unit each of which support over $100,000 of debt. Sustainable re-use of containers was also a focal point for forming an inter-collegiate and inter-disciplinary residential Federated College of Urban Sustainability (FOCUS) linking university programs of constituent parts of the Oregon University System (OUS), particularly PSU, OHSU, OSU and UO.

Real Estate Development Program:  Mr. Macht was asked to be a core member of the interdisciplinary Real Estate group, based in the Portland State University School of Urban Studies and Planning but also including the School of Business Administration. The one-year, 25-credit hour program leads to the award of a Certificate in Real Estate Development. Mr. Macht teaches Real Estate Development Planning I and II, which are two of the core courses, as well as a multidisciplinary Development Planning Workshop producing a development plan for a site or building of regional significance. The Coliseum and downtown Vancouver waterfront [see above] are two recent workshops as are the NAIOP competitions below.

University of Oregon/Portland: Adjunct Professor of Architecture:  Mr. Macht was asked to be an Adjunct Professor of Architecture at the Architecture School of the University of Oregon/Portland Center. He has taught “Urban Development: Housing & Mixed-Use” to graduate architecture students. Professor Macht developed the course to give incipient architects both a broad base of knowledge of real estate development as well as specific training to integrate the tools of economic and market analysis and project finance and the ways in which successful developers integrate market, design, construction, economics, finance, marketing, sales, leasing and property management in particular projects.

Seattle Boeing Plant Redevelopment NAIOP Competition: Mr. Macht led a team of 13 students from his Real Estate Development II class in a National Association of Industrial & Office Properties (NAIOP) competition to compete against the University of British Columbia and the University of Washington School of Architecture & Urban Planning/ Runstad Real Estate School for the best plan to redevelop the 47-acre, 2-million SF plant and former headquarters office complex adjacent to Boeing Field and the Duwammish Waterway. The team produced a four-color, 50-page book proposal with an interim plan for boat production and storage, air taxi and other small aircraft design and manufacture, shipping container recycling as building blocks for modular multifamily housing, office and industrial uses and a regional federal center. The long-term strategy proposed ways to integrate the site with Boeing Field to serve growing expansion needs for air express cargo, hangar and air taxi passenger operations to reduce air traffic congestion in the Seattle regional area. The team returned to Seattle to present the plan to a panel of a dozen judges and defend its conclusions.

Seattle King St. Station-Qwest Field North Lot NAIOP Competition: Mr. Macht led a team of 20 students in another NAIOP competition to create a development plan for a 6.5-acre development site within a 9-acre redevelopment site, the largest in downtown Seattle. The team produced a plan with 1100 workforce housing condominiums, 540,000 square feet of class A office space, a 200-room limited-service hotel, in a full service environment, 60,000 square feet of restaurant and retail space all around a 5-acre urban park as an extension of 4th Avenue on top of a 2400-space parking structure and linked to the stadium-International District monorail station. The plan used innovative methods of ground leasing and shared parking and was financially feasible without additional public subsidies beyond partial compensation for replacement of 1100 parking spaces required by the Public Stadium Authority.

Seattle Waterfront NAIOP Competition: Mr. Macht led a team of 7 students in another NAIOP competition to create a development plan for a 2 blocks on Alaskan Way between Spring and Seneca Streets. The workshop won the competition defeating teams from the University of British Columbia, University of Washington and Washington State. The workshop team plan developed 285 middle-income urban lofts for echo boomers and single baby boomers above 19,000 SF of restaurant and retail space on a waterfront block adjacent to the downtown Seattle retail, office and cultural core. By re-using an existing parking garage with an innovative strategy of long-term leasing, the team increased density to over 345 units per acre, doubled the value of the parking structure in a transit-friendly way, and produced the first LEED Gold-rated residential high-rise while returning over 19% return on cost and 35% on equity.

Seattle Downtown NAIOP Competition: Mr. Macht led a team of 7 students in another NAIOP competition in which the team transformed a dated 6-story 220,000 King County Administration Building which housed 500 workers into an efficient 12-story 340,000 building that can house 1,800 employees in a naturally lighted, LEED Gold-rated structure. By choosing to rehabilitate rather than demolish, the team was able to save the County at least two years in time, more than $30 million in costs on an occupancy cost neutral basis compared to current outlays. This was achieved through space efficient modular office systems, leased space cost recovery, employee consolidation savings, sub-leased revenue, relocation cost savings, replacement cost and demolition savings and development cost savings using a special purpose 63-20 development entity.

Planning Law:  As a Professor, Mr. Macht has also taught the graduate course in Planning Law for seven years.  That course considered private land-use controls as well as traditional comprehensive planning and zoning.  It also considered innovative concepts of mixed-use districts, phased growth controls, development rights transfers, and land banking.

Small Cities:  As a Professor, Mr. Macht has also taught a graduate course on the development problems and potentials of small cities.  The course considered town center revitalization through small city development corporations, growth management techniques, and the capacity of small cities to respond to a multiplicity of federal and state programs.

Cascade Center for Public Service:  For four years, Mr. Macht has lectured at the Cascade Center for Public Service for the University of Washington Institute of Public Policy and Management of the Graduate School of Public Affairs.  Mr. Macht explained the Officers' Row case study to the public executives who participate in the intensive program.

Oregon Community Development Training Institute:  Mr. Macht has lectured at the Oregon Community Development Training Institute about the development process to non-profit and public employees interested in community development.

Oregon Planning Institute:  Mr. Macht has been a speaker at the Oregon Planning Institute lecturing on public-private partnerships.

National Association of Housing & Redevelopment Officials [NAHRO]:  Mr. Macht was asked to lecture to the national convention of the National Association of Housing & Redevelopment Officials [NAHRO] on the challenges of redeveloping housing above retail shops in smaller downtowns and older urban neighborhoods.

Oregon Ports Division:  Mr. Macht has lectured on urban planning and development within Port Districts to Port Commissioners, Executive Directors and Port employees.

Governor's Conference on Historic Preservation:  Mr. Macht has been a guest speaker at the Oregon Governor's Conference on Historic Preservation where he addressed the economic and development aspects of historic rehabilitation within cities of the Columbia Gorge.

University of Virginia Law SchoolMr. Macht holds a J. D. degree from the University of Virginia Law School where he organized conferences on international law and economics as President of the International Law Society.  Mr. Macht is a member of the District of Columbia Bar and is admitted to practice before the U.S. Court of Appeals.

Princeton University:  Mr. Macht holds an A.B. degree from Princeton University where he was selected for the Woodrow Wilson School of Public & International Affairs.  As Chairman of the Princeton Symposium on World Affairs, he obtained grants from the Corning Foundation to organize a series of conferences with national figures.  Earlier, Mr. Macht was an honors graduate of Deerfield Academy.

Professional Affiliations:  Mr. Macht has participated in, and is a member of the Urban Land Institute, the American Planning Association, The American Bar Association [Urban Law Section], the Oregon Downtown Development Association, the National Association of Housing & Redevelopment Officials and the National Trust for Historic Preservation.

PUBLICATIONS:

Urban Land” Magazine:  Mr. Macht was selected by the non-profit Urban Land Institute, the largest international development organization, to write and edit the “Solution File” column for its flagship monthly publication, “Urban Land” magazine.  The monthly column identifies and describes innovative solutions to design and development problems. References to specific articles are included in the publications section below.

Urban Waterfront Development:  Mr. Macht was asked to write and has published three chapters in an Urban Land Institute book entitled Remaking the Urban Waterfront. The chapters include case studies of Waterplace Park and Providence Place in Providence, RI, Charlestown Navy Yard in Boston and RiverPlace in Portland, OR.

Planning Magazine:  Mr. Macht’s book reviews have been published in the Journal of the American Planning Association on books dealing with the subject of land development and planning.

Law Review Publications:  Mr. Macht's articles on the organization, capital structure, financing and control of joint public-private development corporations have been published in law reviews at Georgetown University and the University of Virginia School of Law.

William P. Macht’s Recent Publications:

Long Answers for Urban Sliver Buildings, William P. Macht, Urban Land, October 2007 pp. 205-206

Developing a Desert City, William P. Macht, Urban Land, September 2007 pp. 182-191

Building Green In The Woods, William P. Macht, Urban Land, August 2007 pp. 150-151

Rooftop Modular Housing, William P. Macht, Urban Land, July 2007 pp. 146-147

Building a Green Research Park, William P. Macht, Urban Land, June 2007 pp. 145-146

Secondary Suites Flexible & Affordable, William P. Macht, Urban Land, May 2007 pp. 154-156

From Brownfield to Harbor Housing, William P. Macht, Urban Land, March 2007 pp. 120-122

Double-T Concrete Lofts, William P. Macht, Urban Land, Feb 2007 pp. 165-167

Moho Modules Modernize Manchester, William P. Macht, Urban Land, Feb 2007 pp. 114-117

Double-T Concrete Lofts, William P. Macht, Urban Land, Feb 2007 pp. 165-167

From Cars to Four Stars, William P. Macht, Urban Land, Jan 2007 pp. 150-153

Tiptop Transformation, William P. Macht, Urban Land, Nov-Dec 2006 pp. 156-159

From Racquetball To School Hall, William P. Macht, Urban Land, October 2006 pp. 179-181

Amazonian Flexibility, William P. Macht, Urban Land, September 2006 pp. 190-195

Design Depth, William P. Macht, Urban Land, August 2006 pp. 132-133

Parking Street Smarts, William P. Macht, Urban Land, June 2006 pp. 141-143

Urbanity Amid Parking, William P. Macht, Urban Land, May 2006 pp. 128-129

Sustainable Glass Building, William P. Macht, Urban Land, April 2006 pp. 112-114

California’s Creative-Class Warehouse Offices, William P. Macht, Urban Land, March 2006 pp. 118-121

More Flexible Live/Work Lofts, William P. Macht, Urban Land, February 2006 pp. 124-125

Suburban Industrial Chic Lofts, William P. Macht, Urban Land, January 2006 pp. 118-119

Geometric Progression, William P. Macht, Urban Land, November/December 2005 pp. 43-45

Mixing Office, Medical and Residential Uses, William P. Macht, Urban Land, October 2005 pp. 57-58

Downtown Revival, Act II, William P. Macht, Urban Land, September 2005 pp. 66-69

Stacking Big Boxes, William P. Macht, Urban Land, August 2005 pp. 37-39

Turkish Partnership Revitalizes Historic Waterfront, William P. Macht, Urban Land, July 2005 pp. 33-35

Building Greener Cities: Portland, Chicago and Pittsburgh, William P. Macht, Urban Land, June 2005 pp. 112-123

High Tech, High Touch, William P. Macht, Urban Land, June 2005 pp. 40-41

Mixed-Use Mall Mounted on Train Track Trusses, William P. Macht, Urban Land, May 2005 pp. 36-37

Sound Solutions, William P. Macht, Urban Land, April 2005 pp. 42-45

Private Streets, Public Purpose, William P. Macht, Urban Land, March 2005 pp. 28-29

Affordable Housing Above Trendy Retail, William P. Macht, Urban Land, February 2005 pp. 40-41

Transit Dependent, William P. Macht, Urban Land, January 2005 pp. 37-39

Beginner Builds Mixed-Use Boxes in Portland, William P. Macht, Urban Land, November/December 2004 pp. 39-41

Waterplace Park and Providence Place, William P. Macht, in Remaking the Urban Waterfront, Urban Land Institute, Ó 2004 pp. 174-193

RiverPlace, William P. Macht, in Remaking the Urban Waterfront, Urban Land Institute, Ó 2004 pp. 156-173

Charlestown Navy Yard, William P. Macht, in Remaking the Urban Waterfront, Urban Land Institute, Ó 2004 pp. 120-131

Colleges Colocate, William P. Macht, Urban Land, October 2004 pp. 54-55

Garage Camouflage, William P. Macht, Urban Land, September 2004 pp. 60-65

Outgoing Infill, William P. Macht, Urban Land, August 2004 pp. 28-29

Cart Escalators Urbanize Big Boxes, William P. Macht, Urban Land, July 2004 pp. 32-33

From Work Space to Living Space, William P. Macht, Urban Land, June 2004 pp. 26-27

Container Housing, William P. Macht, Urban Land, May 2004 pp. 40-41

From Mall to Place, William P. Macht, Urban Land, February 2004 pp. 36-37

Small Site, Lofty Ideas, William P. Macht, Urban Land, November/December 2003 pp. 33-34

Coliseum Choices, William P. Macht Portland Oregonian Op-Ed, August 17, 2003

Building Green, William P. Macht, Michael G. Iker, Urban Land, July 2003 pp. 44-52

Alternatives Abound For Coliseum's Future: Second Opinion - A Local Urban Planning Expert Offers Other Options For Proposed Makeover of Memorial Coliseum, William P. Macht, Portland Tribune, July 4, 2003, p. C4.

A River Renaissance in Providence, William P. Macht, Urban Land, June 2003 pp. 43-44

Library Lofts, William P. Macht, Jill R. Sherman, Urban Land, June 2003 pp. 26-27

A Traditional and Trendy Train Station, William P. Macht, Urban Land, May 2003 pp. 34-35

Broadway Revisited, William P. Macht, Urban Land, March 2003 pp. 32-33

Courting SoBe, William P. Macht, Urban Land, February 2003 pp. 34-35

The Rise of Car Sharing, William P. Macht, Urban Land, January 2003 pp. 26-27

Hospitable Headquarters, William P. Macht, Urban Land, November/December 2002 pp. 42-43

Into The Woods, William P. Macht, Urban Land, August 2002 pp. 38-39

A New Combo, William P. Macht, Urban Land, July 2002 pp. 26-27

Hybrid Workspaces, William P. Macht, Urban Land, June 2002 pp. 30-31

Conservation Easements, William P. Macht, Urban Land, May 2002 pp. 32-33

Mixed Media, William P. Macht, Urban Land, March 2002 pp. 32-33

Parking Permutations, William P. Macht, Urban Land, February 2002 pp. 38-39

Affordable Arts Area, William P. Macht, Urban Land, January 2002 pp. 32-33

Mountain Urbanism, William P. Macht, Urban Land, November/December 2001 pp. 30-31

Estate Aged, William P. Macht, Urban Land, November/December 2001 pp. 28-29

Choose Multiple Choice: I-5 Bridge Options, William P. Macht, Vancouver Business Journal, November 30, 2001, also published in the Columbian on December 2, 2001

Creative Concrete, William P. Macht, Urban Land, August 2001 pp. 34-35

Blighted Icon Reborn, William P. Macht, Urban Land, July 2001 pp. 28-29

Detached, Dense and Urbane Infill, William P. Macht, Urban Land, June 2001 pp. 30-31

Turnpike Air Rights, William P. Macht, Roger N. Goldstein, Urban Land, May 2001 pp. 30-31

Mixing Markets, Media, and Manufacturers, William P. Macht, Urban Land, March 2001 pp. 28-29

Pioneering Parklifts, William P. Macht, Urban Land, February 2001 pp. 30-31

Maximizing Benefits, William P. Macht, Urban Land, January 2001 pp. 24-25

Rowhouses of HOPE, William P. Macht, Urban Land, November/December 2000 pp. 36-37

Inside Out in Harlem, William P. Macht, Urban Land, October 2000 pp. 32-33

Do-It Yourself Lofts, William P. Macht, Urban Land, August 2000 pp. 36-37

From Barracks to Bungalows, William P. Macht, Urban Land, July 2000 pp. 32-33

Patented Parking, William P. Macht, Urban Land, June 2000 pp. 24-25

Integrating Solutions, William P. Macht, Urban Land, May 2000 pp. 22-23

Living Above Workspaces, William P. Macht, Urban Land, March 2000 pp. 28-29

High Density, Mixed-Use Housing in a Suburban Village Center, William P. Macht, Urban Land, February 2000 pp. 32-33

From Black Box to Black Beauty, William P. Macht, Urban Land, November/December 1999, pp. 32-33