Elevate Development Partners

Master Plan Commercial and Residential Development

Developing high quality, large scale, real estate masterplans for communities, tenants, and owners.

mission

Risk Averse High Returns

Elevate Development Partners specializes in large land takedowns and master planned developments. This strategy enables Elevate to take the initial cash risk off the table early on in each project and keep the majority of the project to either hold long-term or work through to entitlements, working with partners to final construction. Our approach engages a mix of large land owner connections, great city relationships and the experience and financial resources to complete the project, all of which Elevate accomplishes while exceeding expectations at every level.

vision

Responsible Growth For Cities

Elevate is rapidly growing with over $800mm in developable assets in the current pipeline. The main goals of Elevate are to help current landowners understand the best way to manage legacy parcels by moving forward on their property objectives and in turn helping cities manage inevitable growth in a cohesive, cost-effective and responsible way.

portfolio

Current and Past Projects


72 Townhome West Center Spanish Fork

Partnering with land owners on a 72 unit for rent townhome plan in Spanish Fork UT

Washington Valley Master Plan

Acquired and master planning a mixed use development of 107 acres. 396 MF units, 84 Patio Homes, 180k SF retail.

SW Spanish Fork Mixed Use

Mid-size mixed retail and housing
I-15 adcacent 40-70 acres

Washington Plateau Luxury Homes

29 luxury single family view lots on the bluff in Washington, UT

Spanish Fork 2700 North Commercial

Acquired and Developing 141 acres of this city master plan. 10 acres Industrial, 3,000 Multifamily units, 200k SF retail

Gap Canyon Master Plan

64 Acres of planned light industrial and residential in St. George, Utah, just off of Dixie Drive.

Spanish Fork MF Land

36 Acre Multifamily piece, general planned and moved towards entitlement, exited to another developer

Spanish Industrial Land

2.2 Acre Industrial piece, sold to builder developer

Salem Utah Townhomes

Townhome master planned community in Salem, UT

Salem Heights

80 Acre residential master planned development

Backed by the best

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Meet the Team

Backed by the best

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Austin Pritchett

Co-Founder & Managing Partner

Austin graduated with an MBA from Cornell University, he began his career on Wall Street as an Investment Banker. After leaving investment banking he worked as a lead underwriter for a large commercial real estate development company for several years. From there Austin worked as the CFO for  a real estate based family office and then the CFO for a REIT and Private Equity Real Estate Fund. Austin has had over 10,000 hours of real estate underwriting, financial modeling, and analysis.

Kevin Pritchett

Co-Founder & Partner

Kevin comes from a successful background that started in the car industry and was then parlayed into real estate development. Having several large exits over the last decade. He is also the owner of King's Camo clothing company.

Tate Murphey

Partner & Head of Analysis

Tate Murphey has been working in real estate investments since graduating from Brigham Young University with a degree in Finance. Tate has worked extensively in land-, multifamily-, and hospitality development and acquisition. Tate started his career with a regional real estate development firm. During his tenure there he was able to lead the underwriting of their first fund, as well their first opportunity zone fund targeting core mountain west markets. He has underwritten over $3 billion worth of real estate.


Steve Styler

Partner & Head of Strategic Partnerships

Stephen Styler is a founding partner of the law firm of Styler-Daniels, P.C. Mr. Styler is a graduate of the University of Utah and completed law school at the University of Wyoming College of Law.  Mr. Styler’s practice is focused primarily on water law, corporate governance, estate planning,  government relations, lobbying and business development. Mr. Styler consults clients on complex transactional issues, estate strategy development, administrative proceedings, litigation, and public policy. Mr. Styler works extensively with individual water users, irrigation companies and large agricultural operations. He currently serves as chair of the Water Law Committee of the Energy, Natural Resources, & Environmental Law section of the Utah State Bar.  He also serves as co-chair of the Utah Governor’s Rural Partnership Board, a board member of the Governor’s Economic Council and as an ex-oficio member of the Governor’s Office of Economic Development Board (GOED).In addition to practicing law, Mr. Styler actively manages and operates his family’s 425 acre farm in Delta, Utah with his wife Maddie and their six children.

CONTACT

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