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.
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 Armory200 Units, 60,00 SQ FT |
Bridge Tower225 Units |
We design, we create, we market
THE MARQ64 Units, Built in 2020, |
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BRIXTON166 Units, Built in 2015, 98% Occupancy |
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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. |
CO-FOUNDER
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CORTNEY LIDDIARDCortney Liddiard began his career working in U.S. Senator Orrin Hatch's office in Washington, D.C. where he served on the taxation staff and was exposed to a variety of taxation issues from the legislative perspective. He later joined and became a partner at Rudd & Company, PLLC, a large regional accounting firm, where he represented clients in all aspects of accounting and taxation and provided business consultation including real estate development, finance and taxation advice. In July 2002, Cortney Liddiard became Chief Executive Officer of Ball Ventures, a commercial real estate and private equity company with projects across the country. In connection with Ball Ventures’ private equity investments, Cortney serves on the board of directors of ARB Midstream, LLC, an energy investment and development company, on the executive management committee of Sunterra Springs, LLC, a healthcare services company, and on the board of directors for Texas Security Bank. Cortney attended Utah State University where he received his Bachelors of Science in Accounting, cumlaude, and his Masters of Accountancy with an emphasis in tax. |
CO-FOUNDER
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DUSTIN HOLTDustin Holt is a co-founder and Partner of dbURBAN and has 15 years of experience in the real estate and development industry. His resume includes the acquisition, entitlement and/or development of more than 6,000 residential units and more than 2 million square feet of commercial (office, retail and hospitality) uses. Mr. Holt is involved in projects from due diligence efforts, design process and implementation of a specific development plan. Prior to founding dbURBAN, Mr. Holt was the development director for Boulder Ventures where he entitled, developed and leased TOD projects including Vista Station, Bangerter Crossing, 2100 Sugarhouse and Sugarmont Center. Several of the TOD projects included Community Development Areas (CDA) or Special Service Areas (SSA) components and Mr. Holt was an integrate part in creating more than $200MM in property tax incentives for these projects. He also was a leasing director for Jordan Landing under the Foursquare Property umbrella. Before joining Boulder Ventures, Mr. Holt was a partner at Salt Lake Realty Advisers, actively involved in the Salt Lake brokerage community where he worked for many prominent developer clients in procuring and entitling property for single family, multi-family and commercial uses. Mr. Holt attended Utah Valley State College and the University of Utah in Architectural Drafting and Design. He is a licensed real estate broker (UT) as well as a member of Urban Land Institute (ULI). |
CO-FOUNDER
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BRYCE BAKERBryce Baker is a co-founder and Partner of dbURBAN Communities where he engages in acquisition, development, financing and ownership of residential properties in Salt Lake City. During the past 15 years, Mr. Baker has developed over 4,600 apartments, including two TOD projects in Utah. With his background in finance and institutional projects, along with strong relationships in debt and equity sources,FMr. Baker focuses on the capital procurement, entitlement and construction activities of development projects. Prior to founding dbURBAN, Mr. Baker was the Vice President of Real Estate for Security National Real Estate Services, Inc. and led the investment and development pursuits for Security National Financial Corp (NASDAQ SNFC-A). In this role, Mr. Baker was responsible for all aspects of the business regarding the $110 Million equity holdings, which included residential and commercial assets located across the U.S. While in this role, he completed the entitlement two master-planned campuses, including a million square foot office park and a 32-acre TOD. Prior to Security National, Mr. Baker was the Development Manager for Hamilton Partners in Salt Lake City, Utah, where he was responsible for development and entitlement of multifamily and office projects. Notable projects included the 222 Main, Boston Building renovation, 111/Eccles Theater RFP team and a 3P with UTA , the local transit authority, which included a 41-acre TOD with over 2 million square feet entitled. Before Hamilton Partners, Mr. Baker was in Las Vegas, managing the development and construction activities under the Broadstone brand for Alliance Residential Company (ARC) as well as conducting financial analysis and owners representation at Fore Property Company (FPC), where he successfully completed the acquisition, entitlement, development, construction or disposition of eleven projects totaling over 2,400 units. Mr. Baker is an active member of various industry groups as well as volunteers his time with non-profit organizations focusing on childhood development, and educational and professional development for young adults. In all his activities, he promotes the mission of the organization and looks for ways to improve the communities where projects are located. |
DEVELOPMENT DIRECTOR
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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
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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
DIRECTOR x
MIKE HOLLOPETER
As a Development Director at Alpha Development Group, Mike is responsible for overseeing and managing projects from cradle to grave; including all aspects of feasibility, due diligence, design, financing, city entitlements, construction, and stabilization. Before ADG, Mike spent most of his 10 years of experience directly managing the design and construction of large multifamily projects across the Wasatch Front totaling more than 1,400 units, with the single largest asset being a $140MM student housing project in Orem, UT. His prior experience includes institutional and healthcare construction with Okland Construction and multifamily construction with Kier Construction and PEG Development. Mike holds a B.S. in Architecture from the University of Utah where he attended on a full academic scholarship. Aside from real estate development, he enjoys spending time with his wife Dana, son Cedric, friends, all things culinary arts, backpacking, snowboarding, and woodworking. |
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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