Ground-up development is at the core of who we are. Lormax Stern has built its reputation on identifying prime locations, assembling the right parcels, and delivering best-in-class commercial properties that serve tenants and communities for decades.
Our development team manages every phase of the process — from initial site identification and entitlement through design, construction, lease-up, and ongoing operations. This fully integrated approach ensures quality control, cost discipline, and speed to market at every stage.
With more than 30 million square feet of commercial space developed across 60+ large-scale projects, our track record speaks to our ability to execute complex developments on time, on budget, and to the highest standards.
Every development opportunity is evaluated through a disciplined investment lens. We focus on growing markets, strong demographic fundamentals, and locations where thoughtful planning and execution can create lasting value.
By combining market analysis, operational expertise, and long-term ownership perspectives, we develop projects that are designed not only to meet today’s demand but to remain successful assets for decades to come.
Identifying prime locations using proprietary market analysis, demographic research, and deep local knowledge.
01Navigating complex regulatory environments to maximize a property's development potential.
02Collaborating with leading architects and engineers to create functional, attractive properties that draw tenants and foot traffic.
03Overseeing all aspects of construction with rigorous cost controls and quality standards.
04Leveraging our extensive tenant relationships to secure committed tenants before ground is broken.
05Seamless transition from construction to ongoing management through our integrated in-house team.
06
A $100 million hybrid power and lifestyle center serving Brighton, northern Ann Arbor, Howell, and Fenton markets — anchored by six major retailers.
The epicenter of Northeast Grand Rapids retail, situated between three universities with effortless access to US-196 and US-96.
Strategically positioned at Southfield Freeway and Outer Drive with direct highway access, dominant visibility, and a blue-chip anchor lineup.
98% leased in one of Shelby Township's premier growth corridors, surrounded by high-end residential neighborhoods and strong consumer demographics.