Now is the time for a new Montgomery. Many have had wanted to bring this iconic building back to her glory days, but few have honed in on a vision based on concrete plans. The development team at BF Spartanburg LLC knows that building success is a result of an extraordinary commitment and community partnership. Today, this dedicated team is aligned and dedicated to a common vision: to retain the historic charm of The Montgomery Building, while exceeding tomorrow’s standards for future residents and retailers. Together, this group is committed to this project’s completion, success and ultimate role in the promising future of downtown Spartanburg.
BF Spartanburg, LLC was started in October of 2013 with the sole purpose of redeveloping the Montgomery Building. It is one of many projects that the developers have worked on together. Its appeal to the developers is that is combines the developer’s student housing and retail expertise with the historic preservation piece that they grew up loving in Charleston SC.
“I am attracted to the building because of its elegance and its uniqueness. Also the chance to revive an icon is very exciting.”
James Bakker of BF Spartanburg LLC is a real estate developer that began his career in student housing in 2009. He has worked on complex deals ranging from $2,000,000 to $34,000,000. Additionally, he has worked on multiple rezoning and land assemblage deals, overcoming unique hurdles along the way. In 2013 Mr. Bakker moved to Greenville and managed retail development projects ranging from $1,000,000 to $3,000,000.
BF Spartanburg, LLC was started in October of 2013 with the sole purpose to redevelop the Montgomery.
Tom Finnegan of BF Spartanburg LLC is a real estate developer that began his career on Wall Street in the 1990’s and ultimately transferred those financial skills to real estate in 2006. He has worked on complex deal structures and financings for institutions, hedge funds and developers and his own deals. In 2006, Mr. Finnegan moved back home to Charleston and began to develop and acquired different property types for his own portfolio. He is a very hands-on owner, which has allowed him to develop a proprietary student housing property management system.
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