Celebrating an evolution over five decades

1960’s The Foundation

The Foundation

David Irmer began his development career with home sites in Lake County, CA and then worked on freestanding retail and service facilities as well as shopping centers.

He developed commercial and recreational planned unit communities at North Lake Tahoe, CA, including River Park Estates, Sierra Meadows, Glenshire, Devonshire, Kingswood, Kings View, and Alpine Peaks. He also created Club Innisfree at Kings Beach to provide beach and lake access for the property owners.

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1970’s A Decade of Growth in Recreational Properties, Marketing, and Fractional Ownership

A Decade of Growth in Recreational Properties, Marketing, and Fractional Ownership

As demand grew for recreational properties at Lake Tahoe, David developed additional home site and condominium communities in the Tahoe basin and the nearby town of Truckee, including The Meadows and Juniper Hill.

He created the first fee-simple fractional ownership in this country at Brockway Springs, on the north shore of Lake Tahoe and called it Time Sharing Ownership (TSO). Later in the decade, David partnered with Holiday Inn to create Holiday Clubs International, a use-privilege timesharing club concept which was offered in numerous locations around the world. The timesharing industry now generates over $6 billion in revenue annually. During this decade the Innisfree Consultants provided marketing assistance to recreational projects across the country and beyond. Innisfree Asia and Innisfree Mexicana provided international marketing outlets for many of these properties.

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1980’s A Transition to Primary Residential Communities in Major Urban and Suburban Areas

From the mid 1970’s through the 1980’s, The Innisfree Companies began to refocus on primary residential condominium communities in major markets and ventured into redevelopment projects. Point Tiburon, Brickyard Landing, and The Courtyard on Nob Hill are iconic properties in the San Francisco Bay Area.

Eagle Point, Cypress Point, and Seastrand were other successes in this area. Big Rock Ranch in Marin County, CA was planned, approved, and then sold to become the heart of George Lucas’s Skywalker Ranch. Taylor Place and ParkPoint were built in Seattle and Humbolt Court was created in Denver.

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1990’s Focusing on Commercial Redevelopment and Transportation

In this decade, David focused on the redevelopment of suburban commercial properties. This complex process successfully produced Sequoia Station, a large retail center with underground parking at a major transportation hub in Redwood City, CA. The redevelopment process also allowed him to reimagine a major intersection of Belmont, CA, turning it into Belmont Village Center, a charming neighborhood retail experience.

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2000’s Redevelopment and Beyond: Commercial, Entertainment, Retail, and Office

Redevelopment was again the focus for Innisfree as On Broadway, an entertainment, dining, and retail center, transformed and revitalized a full block in the heart of Redwood City, CA. On Broadway includes underground parking created in partnership with the city and is in close proximity to Sequoia Station and its transportation center.

Moving beyond retail, Creekside Plaza Office Park was created through the redevelopment process in San Leandro, CA. It too is in a prime downtown location and is near major transportation, with a Bay Area Rapid Transit (BART) stop across the street. Moving with the times, it has embraced sustainability, green technology, and high-speed cable access.

In 2011 The California Redevelopment agency was eliminated by the legislature, but that did not stop Innisfree’s latest venture, The Village, where a downtown San Leandro location was re-purposed into a much needed neighborhood retail center.

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