Thursday, August 9, 2018
BBPC Excels at Project Feasibility Analysis and Concept Development
Successful business and real estate executive Tom Cole serves as president of BBPC in Annapolis, Maryland. In addition to managing the firm’s $20 billion real estate portfolio, he develops and implements the global, long-term strategy for the company’s business transactions in Annapolis and around the world. Tom Cole and his associates at BBPC possess advanced knowledge and expertise in real estate development strategies including project feasibility analysis and concept development.
A sound project feasibility analysis and concept development are crucial to the success of various public and private improvements. The team at BBPC conducts physical, economic, and fiscal impact assessments as well as a cost-benefit analysis to ensure that any new development or improvement project adheres to quality standards. BBPC works closely with land use and urban design professionals to assess the quantitative and qualitative impacts of the development on transportation, land use, and community revitalization. The cost-benefit analysis evaluates any financial incentives required for the project.
BBPC’s successful project feasibility analyses and concept developments include the restructure of the Southeast Regional Housing Department of the Navy and a $113M mixed-use development of a 200-room Courtyard by Marriott hotel. BBPC is currently working on a feasibility project for the Department of Veterans Affairs to repurpose 60,000 square feet of an underutilized structure into a new Community Learning Center.
Thursday, August 2, 2018
International Association of Outsourcing Professionals 2019 Summit
As president of Annapolis, Maryland-based consulting firm BBPC, Tom Cole guides a company that has provided planning and development guidance to clients ranging from the US Navy to municipal governments throughout the United States. Outside of his work in Annapolis, Tom Cole stays current with the latest developments in the field through his membership in groups such as the International Association of Outsourcing Professionals (IAOP).
An international organization dedicated to collaboration and knowledge about the new technologies and strategies disrupting the business service industries, IAOP maintains chapters throughout North America, Asia, Australia, and Europe. IAOP serves its global membership through a range of training, certification, and other professional development programs as well as publications such as Pulse Magazine. Additionally, IAOP hosts networking and educational events, including its annual Outsourcing World Summit (OWS).
The 2019 OWS will take place February 17-19 at the Orlando World Center Marriott in Orlando, Florida. The event will join executives, decision makers, and thought leaders from a range of industries for three days of seminars, exhibitions, and networking opportunities. In addition to discussion of real-life case studies, participants will hear industry experts talk about cutting-edge topics such as how blockchain technology and robotics relate to global business services and outsourcing.
To learn more about OWS or to register for the conference, please visit www.iaop.org/summit.
Thursday, June 28, 2018
Choosing a Lacrosse Stick
Based in Annapolis, Maryland, Tom Cole serves as the president of BBPC, a real estate and land development consulting company. Outside of his work with the Annapolis-headquartered consultancy, Tom Cole pursues a diverse range of hobbies that includes lacrosse.
A sport rooted in the Native American game of stickball, lacrosse is one of America’s oldest sporting pastimes. Unlike baseball and basketball, lacrosse is not a game that many people in the United States learn to play as children. As a result, lacrosse may seem intimidating to new players, especially the process of buying lacrosse equipment.
The lacrosse stick consists of two parts, the shaft and the head. The shaft, sometimes called the “handle,” is usually composed of a lightweight metal such as titanium or aluminum. Choosing the material of the shaft depends on the comfort level and position of the player. While titanium shafts are usually the strongest, aluminum shafts are often lighter.
The shaft connects to the head, which consists of a scoop strung with mesh that acts as a pocket. The player uses the head to catch and throw the lacrosse ball. Traditionally, the mesh is made of nylon laces and leather straps, though other options depend on the player’s experience and skillset.
Lacrosse players also must decide on the shaft and head size. The shaft can range anywhere from 40 to 72 inches, with attackers often preferring the agility of short sticks and defensive players often preferring longer sticks.
The mesh pocket can also vary in size and shape. Deep pockets provide more control of the ball, while shallow pockets allow quick release.
Tuesday, June 12, 2018
BPPC Realizes Consulting Success in the Public Sector
Tom Cole is an experienced Annapolis, Maryland-based consultant with expertise in real estate and project management. For the past two decades, Tom Cole has served as the president of BPPC in Annapolis, where he manages the firm’s consulting portfolio and identifies new business opportunities.
Founded in 1996, BPPC is a nationally recognized firm that provides consulting in the areas of real estate development, finance, and economics. The firm specializes in helping clients maximize the value of real estate and infrastructure, and provides expertise in regulatory requirements.
BPPC serves both public- and private-sector clients. Much of the firm’s success has occurred in the public sector. For example, BPPC has driven more than $15 billion in real estate development since its founding, and received the Bond Buyer of the Year award in 2007. Moreover, the firm completed a successful privatization of over 65,000 Department of Defense military housing units. In terms of local government, BPPC recently developed alternative constructing and financing solutions for the County of Charleston.
For additional information on BPPC’s successful projects and case studies, visit www.tomcoleannapolis.com.
Tuesday, March 20, 2018
Benefits of a Commercial Sublease
The president of BBPC & Associates, Inc., an Annapolis, Maryland-based real estate development and financial advisory services firm, Tom Cole has provided research and analyses for military, commercial, residential, and industrial real estate projects. In addition to that, Tom Cole oversees the negotiation of all real estate transactions, such as leases and subleases, for the Annapolis-based company.
Below are several benefits of a commercial sublease:
- Shorter commitments: Compared to a standard commercial lease, which requires a commitment of several years, most subleases are arranged for a period of a few months to a year. This makes it a great option for companies that might grow quickly or have an uncertain future.
- Cheaper: Since subleases use extra space that a tenant doesn’t need, the rates are often lower than average for the market. As far as the sublessor is concerned, getting some money is better than wasting the space and bringing in no extra money. Subleases are also usually easier to obtain since the landlord is already being paid for the space.
- Finished space: When the primary contract for a commercial space was signed, the initial tenant most likely completed any improvements necessary and furnished the area. As a result, subletters usually receive a finished and furnished space when they sign a sublease.
Friday, March 2, 2018
Labrador Retrievers - The United States' Most Popular Dog Breed
Annapolis, Maryland, resident Tom Cole enjoys the company of dogs, and holds a particular fondness for Labrador retrievers. When not busy with his work at Annapolis-based BBPC, Tom Cole enjoys spending time with his own Labrador.
First recognized as a unique breed in 1917, Labrador retrievers make great companions for those interested in high-energy, medium-sized dogs. The breed also possesses great intelligence and plays well with others, making it the most popular dog breed in the United States, according to the American Kennel Club. This same intelligence, coupled with its strong trainability, has also seen the Labrador retriever play the role of hunter, guide dog, or narcotics detector. Labrador retrievers commonly come in three colors: chocolate, black, or yellow. Red and silver variations are rare but can occur.
Labradors are typically bred with an eye toward structure and soundness. Many of the traits that mark the Labrador retriever, such as its weather-resistant coat, narrow chest, and ability to move effortlessly, reflect its heritage as a gun dog. These traits also can make it a great choice for a family with any kind of active lifestyle.
Wednesday, February 14, 2018
Furthering Your Career with IAOP Education
A real estate professional serving clients from Baltimore and Annapolis, Maryland, to Washington, DC, Tom Cole owns the nationally recognized firm BBPC, which manages a portfolio of more than $15 billion in real estate development projects. Responsible for training U.S. Air Force personnel on privatization of military housing in Annapolis, Tom Cole belongs to professional organizations such as the International Association of Outsourcing Professionals (IAOP).
Focused on promoting collaborations in the business industry, IAOP addresses cloud-sourcing, global business services, robotic process automation, and other approaches known collectively as outsourcing. The association aims to unite professionals in a variety of industries to achieve what it calls core competency.
As part of this mission, the IAOP offers a variety of training opportunities, including a free hour-long training webinar. The webinar provides an introduction to the workshops and educational courses from the association in order to assist viewers in determining which options will help further their careers. Benefits of participation in further educational opportunities range from improving skills to increasing workload efficiency and investment returns.
Focused on promoting collaborations in the business industry, IAOP addresses cloud-sourcing, global business services, robotic process automation, and other approaches known collectively as outsourcing. The association aims to unite professionals in a variety of industries to achieve what it calls core competency.
As part of this mission, the IAOP offers a variety of training opportunities, including a free hour-long training webinar. The webinar provides an introduction to the workshops and educational courses from the association in order to assist viewers in determining which options will help further their careers. Benefits of participation in further educational opportunities range from improving skills to increasing workload efficiency and investment returns.
Monday, January 29, 2018
The Benefits of AICP Certification
Over the course of more than two decades as president of BBPC in Annapolis, Maryland, Tom Cole has engaged with a variety of lending institutions and private sector real estate developers in both consulting and management capacities. Tom Cole is also a member of various professional organizations, such as the American Institute of Certified Planners.
The American Institute of Certified Planners (AICP) functions as a professional extension of the American Planning Association (APA). The AICP provides a number of valuable professional services, most notably certification opportunities. Professionals who complete AICP credential processes are able to immediately demonstrate the extent of their work experience and academic achievements in areas of effective community planning to colleagues and potential employers.
Certification is a great goal for individuals who have only just embarked on their career in community planning, and represents a significant step towards establishing oneself as an industry leader. Furthermore, AICP certification helps planners develop a sound code of ethics in accordance with the AICP Code of Ethics and Professional Conduct. Certified planners, according to research, are also more likely to receive better pay compared to non-certified planners.
More information regarding the many advantages of AICP certification can be found online at www.planning.org.
Monday, January 22, 2018
American Planning Association's 2018 National Planning Conference
Annapolis-based Tom Cole received degrees from the University of Massachusetts and Rutgers University. With over 20 years of experience in real estate and economic development, he serves as president of BBPC, a nationally recognized real estate development, economics, and financial advisory services firm in Annapolis, Maryland. In order to stay current in his field, Tom Cole belongs to several professional organizations including the American Planning Association.
With over 38,000 members worldwide, the American Planning Association provides leadership to planners of vibrant, growing communities. The organization promotes ideas, education, and citizen empowerment. To that end, each year the American Planning Association hosts a National Planning Conference. In 2018, the conference will take place April 21-24 in New Orleans, Louisiana.
The national conference will feature over 250 expert-led sessions, workshops, networking events, and an exhibition hall. For attendees who wish to focus their experience at the national conference, organizers have curated workshops and sessions around specific topics. Attendees can focus on a single issue or combine issues to fit their unique interests. Tracks include climate change and resiliency, development and the natural environment, and managing change in communities, among others.
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