Innovative Solutions Benefiting Local Communities

The Paro Group has completed numerous economic and community development initiatives. Our process identifies the most pressing needs of a community, finds funding that benefits each partcipating entity, and constructs or improves tangible assets that foster human flourishing. In this approach, existing entities (businesses, nonprofits, and municipal organizations) thrive, gaps are filled, and people have opportunities for career advancement.

While the desired focus of our involvement is workforce housing and workforce development, we coordinate with local leaders to determine the most pressing gap in their community. In some cases, the local tourism industry is suffering; so, we construct a boutique hotel or a restaurant. Some communities need additional retail space; so we facilitate shopping centers. Or, a community may need additional housing units or childcare slots to ease price points that are unaffordable; so we design and build those facilities. Perhaps a group of businesses want to increase employee satisfaction and retention; so we work with their HR teams to provide funding for career advancement. The following list illustrates a selection of our commercial,  residential, and workforce development projects. For many of the initiatives, our team served as lead developer to design, capitalize, and oversee project deliverables. For other initiatives, Paro utilized our subsidiary company to perform General Contractor services or as a subcontractor under the oversight of a partner development company. This list shows a few recently completed projects that illustrate our capacity and the work we've performed in 47 US States. Beyond the selection below, we have completed initiatives for municipalities, military site developments, and additional private investors. 

Multifamily Housing: When serving as a developer on behalf of equity partners, Paro operates as the owner's representative to serve the interests of the investment group. This multifamily community is an example of a typical aesthetic base, which can be customized based on the specific location and desired finish to accommodate local expectations.

Infrastructure Development: Paro served on the core team of the megasite in Bryan Co GA to perform strategic design and funding acquisition through local and State investments as well as private partnerships. Beginning in 2021, Paro began working with Bryan County GA to secure grant funding during the design phase of the Bryan County Megasite. Coordinating with County Commissioners and administrators, Thomas & Hutton, the Regional Commission, The Beatty Team, and several surrounding Counties, Paro was able to design a grant package to help fund the project. Read more about this initiative here. Regional coordination among multiple County governments resulted in Paro securing more than $80MM in grant funding to support the overall financial requirements of this initiative. For several years following this infrastructure phase, Paro continued to work with local municipalities in the region to address the impact of the megasite on expected population increases with associated concerns regarding infrastructure needs, housing capacity, water and sewer provisions, and school system structuring. This project illustrates Paro’s ability to coordinate the interests of multiple government entities and work with engineering companies to secure available grant funding for various stages of a project implementation.

Manufacturing and Retail: Our team currently delivers design and build projects for commercial purposes that range from manufacturing facilities to convenience stores. For example, we are in the process of beginning construction on a $4.5MM manufacturing site in the Nashville area, a new 100,000 sq ft retail store for a national brand in the midwest, and a chain restaurant in North Georgia. This is a recently completed electronics manufacturing / fulfillment facility.

Redevelopment Projects: When requested to reimagine and redevelop existing facilities to align with a future vision, the Paro team has a track record to delivering projects that honor the property history while meeting the site’s needs for future use. This example is a redevelopment of a property in Lebanon Tennessee. 

Tourism and Travel: The Paro team has increased our engagement in the travel and tourism industry over the past 5 years for multiple hotel brands to upgrade facilities at 100+ locations and implement a $150MM initiative for improved safety and security at 2,200 locations in the Southeast. Recent vertical construction projects include Holiday Inn and Comfort Inn, as well as an 80 room boutique hotel project that is currently under construction. 

Private Nonprofit Initiatives: Nonprofit entities frequently request assistance from our team to design a site, raise capital and debt financing, and construct facilities to meet their needs. Working with a nonprofit leadership team and Board, we facilitate this process to deliver an asset that will create a financially viable product for the organization. We completed this facility for a client in Texas to meet their needs in the nonprofit space. 

Additional Project Examples Include: 

  1. Bargain City Furniture. Cookeville TN. Scope of Project: 40k sq ft retail building.
  2. Century Autumn Woods Apartments. Murfreesboro TN. Scope of Project: Provided structural engineering services only for 3-story wood framed dwelling units with a clubhouse and pool house.
  3. Comfort Inn. Cookeville TN. Scope of Project: 3 story renovation, 57 rooms.
  4. Dry Valley Apartments. Algood TN. Scope of Project: Provided structural engineering services only for consisting of 7 wood framed 3-story dwelling units with a unique 2-story office, pool house, workout facility.
  5. Elam Farms Apartments. Murfreesboro, TN. Scope of Project: Provided structural engineering services only for consisting of 6 buildings that are 3-story wood framed dwelling units with a clubhouse and pool house.
  6. High Rim Academy. Cookeville TN. Scope of Project: 45k renovation.
  7. Holiday Inn Express. Cookeville TN. Scope of Project: 5 story new construction, 105 rooms
  8. Lebanon Mixed Use Redevelopment. Lebanon TN. Scope of Project: Repurposed a downtown historic building to create 8 apartment units and 2 commercial units.
  9. Loyalty Landing. Sparta TN. Scope of Project: 8k sq ft new construction 16 unit townhome building.
  10. Mandeville Elementary School. Mandeville LA. Scope of Project: 23k sq ft expansion.
  11. Shell Convenience Store. Baxter TN. Scope of Project: 9k sq ft new construction.
  12. Waffle House Restaurant. Greenbrier TN. Scope of Project: 2k building