Build quality communities through innovation, design and data. For the specific demographic to whom they cater.
Alpha Development Group seeks to exceed all benchmarks in rental housing.
Using solid fundamentals of fact-based research and thoughtful design to create communities over projects, ADG provides exceptional places to live, engage, and contribute; thus returning above average returns to our residents, communities, and partners.
Developing in excess of the average performance, Achieving Alpha means understanding the market benchmarks of design, products, and services, employee collaboration, and economic returns and delivering beyond the expected.
Alpha Development Group is a partnership between Wadsworth, dbURBAN, and Ball Ventures
WADSWORTHThe Wadsworth family has been in business for 45 years |
dbURBANdbURBAN collectively has over 30 years of experience in multifamily and land entitlement |
BALL VENTURESBall Ventures is a CRE and PE company, which owns and manages 3.3 million square feet of commercial real estate across the U.S. |
al-phaAlpha (α) is a term used in investing to describe an investment strategy's ability to beat the market, or it's "edge." Alpha is thus also often referred to as “excess return” or “abnormal rate of return,” which refers to the idea that markets are efficient, and so there is no way to systematically earn returns that exceed the broad market as a whole. Alpha is often used in conjunction with beta (the Greek letter β), which measures the broad market's overall volatility or risk, known as systematic market risk. |
We design, we create, we market
Utopia187 Units |
Turner Mill285 Units sequoiaatturnermill.com aQui560121 Units |
Bridge Tower225 Units |
We design, we create, we market
ARMORY200 Units, 60,000 SQ FT |
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Laura Dobslaw - Greystar, Sr Director of Real Estate
Jason Woodland - Masonic Temple Association
Scott Thornson - CIR Engineering
Just some of our awesome work and creative ideas.
The Details are not the Details. They make the design.
CO-FOUNDER
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KIP WADSWORTHKip Wadsworth has been CEO of WDG since its inception in 1996. He is also the former President and CEO of heavy civil contractor Ralph L. Wadsworth Construction Company, LLC. Kip is a major partner in NWQ, LLC, (Northwest Quadrant), a real estate development company that owns the rights to develop over 3,000 acres of land in the northwest quadrant of Salt Lake City, which has capacity for nearly 50 million square feet of product. Kip is also a partner in Vineyards Management Group, a fund management and asset management company investing in and managing distressed mobile-home communities throughout the country. Vineyards currently owns and manages $370Mof assets comprising nearly 8,000 sites in 14 states. |
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DEVELOPMENT
DIRECTOR x
BRAD WATSONBrad joined Alpha Development Group after five years as a development project manager with Alpha’s sister company, Wadsworth Development Group. Brad’s primary responsibilities with Alpha Development Group include:
Prior to his work in real estate development, Brad spent many years working as a project manager for a small number of commercial general contractors located throughout the intermountain west. Brad’s education achievements include earning a Bachelor of Science degree from Southern Utah University, a Master of Business Administration degree from Utah State University, and a Master of Real Estate Development degree from Arizona State University. Outside of work, Brad enjoys spending time, preferably doing outdoor recreational activities, with his wife Meg and their four awesome children. |
DEVELOPMENT
DIRECTOR x
ALAN REGAL
As Development Director, Alan is responsible for overseeing full life cycle of development opportunities. Beginning with property acquisition and due diligence, Alan is able to carry projects through financing, entitlements, construction management, leasing and asset management. Prior to joining Alpha Development Group, Alan was the Director of Construction for a national publicly traded REIT where he oversaw all construction and development projects for their west coast portfolio. Before this position, Alan worked as a Professional Civil Engineer for several companies in Salt Lake City, leading site design and engineering for land development projects across multiple market sectors. In additional to his professional experiences, Alan has proudly served on multiple non-profit boards and has a passion for volunteering and community engagement Alan graduated from Purdue University with a BS in Civil Engineering, and holds an MBA from Westminster College. Alan lives in Salt Lake City with his wife Hadley and two children, and enjoys trail running, fly-fishing, snowboarding, and spending time with his family and friends. |
DEVELOPMENT
COORDINATOR x
CAMI JOE BEASON
Cami joins Alpha Development Group as the Development Coordinator after 11 years at Security National Life Insurance Company where she worked as both the REO Coordinator and a Construction Loan Processor. As the Development Coordinator Cami will be responsible in assisting Development Directors at ADG in all facets of development from city submittals to stabilization. Cami’s prior responsibilities included managing 200+ Single Family Rental Properties in 16 states as part of an REO Portfolio, which required direct oversight of Property Managers, Repairs/Rehabs, Negotiating Lease Terms, Site Inspections, Sale of Homes and Underwriting. As a loan processor she managed 20 – 30 construction loan applications per month. Cami lives in Salt Lake with her husband Shane, their two kids and three dogs. She is a University of Utah Football fan, loves being in the mountains and spending time with her family and friends. |
2020 - Current
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The Details are not the Details. They make the design.
Address166 East 14000 South, Suite #110, Phone801.708.7048 |
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