Single Family Residence Feasibility Study

Parabola Architecture + Development was retained by Dennis Capozza, property owner and Professor Emeritus of Finance and Real Estate as well as Dale L. Dykema Professor of Business Administration at the Ross School of Business.

In 2008, leveraging his deep understanding and research, Dennis accurately anticipated The Great Recession, leading to strategic real estate acquisitions in Ann Arbor. Seeking to optimize the potential of one such property at 1780 Scio Church Road—a large parcel with an existing single family home—Dennis engaged Parabola A+D to conduct a comprehensive feasibility study.

Our task was to carefully evaluate the site’s ability to support the maximum number of single family residences, including determining the largest feasible square footage for each unit within a proposed residential community. A critical component of our scope involved navigating municipal processes to successfully annex the property from Ann Arbor Township into the City of Ann Arbor, enabling development aligned with city regulations and community planning objectives.

The feasibility study integrated analysis of zoning requirements, site constraints, infrastructure capacity, and market demand, providing Dennis with clear, data-driven guidance on optimal residential density and design parameters for the development.