STEEL HEAD DEVELOPMENT

Fee-Based Development · Capital Stack Execution

Don't leave capital
on the table.

Steelhead Development is a fee-based development partner for $10M–$50M mixed-use and community projects. We bring award-winning urban infill experience—and the capital stack execution to close the gap.

$100M+ Mixed-Use Experience
Downtown Lexington Roots
National NMTC Network
$100M+
Mixed-Use & Urban Infill
Award
Recognized Placemaking
6+
Capital Stack Tools
End-to-End
Entitlements → Closing

Three ways we drive
your project forward

From feasibility through closing, Steelhead serves as your execution engine—so you keep ownership and control while we deliver the hard parts.

01
Fee-Based Development

We develop your project for you—feasibility, entitlements, team coordination, budgets, procurement support, and delivery. No internal team required.

Learn more →
02
Capital Stack Strategy

We build a bankable sources & uses and coordinate lenders, equity, incentives, and public financing into a coherent, closeable stack.

Learn more →
03
NMTC / Gap Financing

We screen eligibility, match you with the right CDEs, and run the process through term sheet and closing—when your project qualifies.

Learn more →

How it works

Step 01
Address + Numbers
Project cost, uses, timeline, and gap. That's all we need to begin.
Step 02
Eligibility Screen
Tract analysis, incentives mapping, and underwriting review within 48 hours.
Step 03
Capital Stack
Debt · Equity · TIF · NMTC · Incentives—assembled and coordinated.
Step 04
Close + Build
Owner's rep mindset. Disciplined reporting. Delivered on time and on budget.

If your project qualifies,
NMTC may be the
missing piece.

Many sponsors don't realize a qualified project in an eligible tract can attract mission-driven capital that meaningfully reduces the gap. We make the process understandable, financeable, and executable.



NMTC availability, structure, and net benefit vary by project, timing, and CDE allocation. Not tax or legal advice.

Address
Eligibility
Gap Analysis
Stack Build
Closing

Built in the real world.

Selected urban infill, mixed-use, and adaptive reuse projects across downtown Lexington and beyond.



Featured In

Bring us the address.
We'll bring the execution.

Submit your project address and a few basics. We'll respond with eligibility, next steps, and a capital stack roadmap.