
Land to Lots
E107- Interview with Charley Freericks on Teravalis: Part 1
In Episode 107 of the Land to Lots™ Podcast, Carter Froelich talks with Charley Freericks, President of the Arizona Region of Howard Hughes Communiti es , about Teravalis , a 37,000-plus acre master plan community in Buckeye, Arizona. Charley shares how he got his start in the land business at Grubb & Ellis in 1983 and the path that followed through Talley Industries, DMB, and Catellus, where he led the Novus Innovation Corridor on ASU's Tempe campus. He also explains how his long history with the Douglas Ranch property ultimately brought him out of retirement to lead Teravalis for Howard Hughes. Carter and Charley then discuss the project Howard Hughes inherited, including outdated zoning and development agreements that required a major entitlement rewrite . They also cover Howard Hughes' long-term ownership model, the land-use strategy behind Teravalis ' 100-year buildout, Peter Calthorpe's plan for approximately 12 villages, and the infrastructure and bridge-sequencing decisions guiding the project's next phase of growth . In this episode, you'll learn: How Charley Freericks' decades of experience in land development and his longstanding connection to the Douglas Ranch property led him out of retirement to join Howard Hughes in 2024. Why the original Douglas Ranch and Trillium entitlements required a nearly 500-page rewrite before development of Teravalis could move forward. How Howard Hughes' long-term ownership model differs from the traditional merchant-build approach used by many master plan developers. How land use budgeting gives Howard Hughes the flexibility to adjust residential, retail, office, and multifamily uses throughout Teravalis ' 100-year buildout. How Teravalis is planning for neighborhood retail, mixed-use commercial districts, and the future development of downtown Floreo . How Peter Calthorpe's land plan divided Teravalis into approximately 12 villages and sequenced growth around the Hassayampa River and existing infrastructure. Why bridge costs and the development opportunities they unlock are central to determining where Teravalis expands next. Show Notes Charley Freericks Contact Information - W - https://www.teravalis.com/ O - [ 602-834-9100 ] E - [ Charley.Freericks@HowardHughes.com ] Plus: Whenever you're ready here are 4 ways Launch can help you with your project: Prepare a Special Tax District Bond Analysis for your Project – If you have a project in AZ, CA, CO, ID, NC, NM, SC, TX, UT, WA contact Carter Froelich (ADD MY EMAIL LINK) and have Launch prepare an initial complimentary high-level bond analysis for your project. Hold a 1 Hour Complimentary Project Vision™ and DOS Worksheet for your Project – If you have a project in AZ, CA, CO, ID, NC, NM, SC, TX, UT, WA contact Carter Froelich (ADD MY EMAIL LINK) and schedule a complimentary 1-hour Project Vision™ and DOS conversation for your project which will result in a high-level Project Path & Plan™ for your project. (Note: Projects should be of 250 acres or more). Add Favorable Financing Language to Annexation and/or Development Agreements – Create certainty and flexibility related to your project's infrastructure financing by having Launch professionals prepare handcrafted favorable financing language for inclusion in your Annexation and/or Development Agreement. Contact Carter Froelich for more information. Perform The RED Analysis™ on your Project – We have developed a unique process at Launch called The RED Analysis™ in which we perform a diagnostic review of your project to determine possible ways to Reduce, Eliminate and Defer infrastructure construction costs in order to enhance project returns. Contact Carter Froelich for more information. Complimentary Offers for Land to Lots™ Listeners Complimentary Land to Lots book: https://www.launch-mpc.com/offer Complimentary Bond Sizing Analysis: https://form.jotform.com/231376408765160

