Reclaiming History. Reimagining the Coastline.
Sundial has acquired and entitled a rare 12-acre parcel of former U.S. military land, boasting over 2,000 feet of waterfront. This is not just a development site—it’s a once-in-a-generation opportunity to reshape a coastal landscape with both historical weight and future significance.
The master plan includes 100 residential units and 70,000 sq ft of thoughtfully integrated retail, balancing community vitality with long-term asset appreciation. Situated at the intersection of natural beauty and untapped economic potential, this location is primed for transformation—and we’re leading the charge.
We’re targeting a 25% IRR, supported by favorable entitlement timelines, rising demand for coastal infill housing, and limited competition for comparable parcels. But more than the numbers, this deal represents what Sundial does best: see value where others see complexity, and bring together capital, creativity, and execution to unlock it.
From acquisition to approval, Sundial quarterbacked the process—working hand-in-hand with local officials, planners, and legal teams to ensure alignment across every stakeholder. It’s that kind of deep operational involvement that turns entitled land into enduring value.
As vertical development approaches, we’re laying the groundwork for something that transcends the deal sheet. This is about building a landmark—rooted in history, designed for the future, and engineered for strong, risk-adjusted returns.