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RICHARD C. MERRITT, AICP
MERRITT@EDPCO.COM


PROFILE

Photo_rick-compressed.JPG Rick Merritt  is President and one of the founders of Elliott D. Pollack & Company, a real estate and economic consulting firm that provides consultation on all aspects of the Arizona economy with specialization in the real estate market.  Mr. Merritt is responsible for management of real estate and economic consulting assignments for the Company.  He also serves as Project Manager for a number of real estate development projects and investments affiliated with Partnerships formed by Elliott D. Pollack. Mr.Merritt has more than thirty-five years experience in the fields of real estate development and consulting, city planning, and project management in the Phoenix area.

In the consulting field, Mr. Merritt specializes in economic and fiscal impact analysis, real estate market and financial feasibility, and land use analysis.  Some of his significant accomplishments are management of economic and fiscal impact studies of Bank One Ballpark in Downtown Phoenix

and the Arizona Tourism and Sports Authority, the entity charged with constructing a multi-purpose stadium for the Fiesta Bowl and Arizona Cardinals in Glendale.   He has supervised the completion of numerous market and feasibility studies of the retail office, industrial and residential real estate sectors.  Mr. Merritt authored the Arizona Affordable Housing Profile, a study funded by HUD and the Arizona Department of Housing, which examined the housing inventory in each community and county in the State. 

Mr. Merritt has managed a wide variety of real estate projects over the last thirty years.  His responsibilities have involved initial acquisition and due diligence analysis, planning and engineering of the properties, infrastructure development, entitlements and land development.  Projects have ranged from master planned communities of 600 to 1,000 acres in size to small 5 to 10 acre retail and apartment sites.  Current responsibilities include due diligence analysis and management of partially completed residential subdivisions acquired during the recent downturn in the single-family market.   

Prior to his present employment, Mr. Merritt served as Land Development Manager for The Northern Equities Company with responsibility for planning, engineering and construction of the Company's projects.   From 1981 through 1985, Mr. Merritt served as Planning Director and Manager of the Community Development Department for the Town of Gilbert, Arizona.

Mr.Merritt has a Masters of Business Administration from Arizona State University and a Bachelors of Community Planning from the University of Cincinnati.   He is a Member of the American Planning Association and is an active member in Valley Partnership and Lambda Alpha, an international land economics fraternity.   He has been a lecturer at a number of economic and planning functions and a guest speaker at the Arizona Governor's Conference on Rural Development and Economic Planning.