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Mr. Daniel E. Otter

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Sierra Development Group
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    www.keepmemoryalive.org/about_us.php?sub=board&single=1 - [Cached Version]
    Published on: 11/30/2006    Last Visited: 7/25/2007  

    DANIEL E. OTTER

    Daniel E. Otter's 25 year career in the real estate industry spans a variety of positions and responsibilities including: Developer, Asset Manager, Leasing Agent, Property Manager, Project Manager, financing, acquisitions, market research, construction, feasibility analysis, governmental entitlements and project consulting.

    Mr. Otter began his career in 1981 with Imperial Group Freehold, a Canadian Development Company.From 1982 to 1986 he served as Project Manager for NAI Corporation based in San Francisco developing over $50 million of real estate projects throughout California.In 1986 Mr. Otter became General Partner of Sierra Pacific Group.In 1992 he founded Sierra Development Group, a sole proprietorship.In addition to Mr. Otter's development companies, in 1994 he served as Executive Officer of the Antelope Valley Building Industry Association.

    Mr. Otter is the Managing Member of Sierra Development Group, LLC.Currently, he is developing various projects in Las Vegas and Southern California.Mr. Otter was the Managing Director of Triad Development in Las Vegas, Nevada from January 1999 to July 2002.
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    Mr. Otter is 46 years old, married with three children.

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    www.badlandsjournal.com/cvsen?page=4 - [Cached Version]
    Published on: 10/7/2008    Last Visited: 8/30/2008  

    DiPrima and Sierra Development Group president Dan Otter, who has built shopping centers in the Antelope Valley, point to Las Vegas as a model for reducing water use.
    ...
    Otter, who now lives in Nevada, said he and his family moved into a new home that featured landscape with rock and low water-use plants, plus a small grass area in the backyard for his kids to play on.His summer water bill dropped 80% from $500 to $100. "The only thing I can attribute it to is all the watering I had at my old house, so it's been a huge, huge difference," he said. Otter said his commercial projects in California and Nevada include water-conserving landscapes. "We've gone to a lot more low-water types of plantings, getting rid of all the turf, and putting in more rock, plants that can be watered on bubblers, very much in that direction," he said. "From a commercial standpoint, I think it's great.It's less maintenance cost, it's less water cost; there's long-term benefits for everybody." Otter's company also recently installed "purple pipe" at a new Riverside County commercial center.The pipe will eventually tie in to a recycled water system to irrigate the landscaping. Home builders in the past resisted installing less-thirsty landscaping, he said. "The psychological view that they had of what prospective buyers wanted to see was the curb appeal of a home, wanting to have this green beltway in the front of these brand-new homes," Otter said. "Initially some of the home builders over in the Las Vegas area had that concern, but after it became a regulation that they had to do xeriscape landscaping and it had to be the natural material in the front of housing, the marketplace accepted it." While they say they are working on reducing water use, builders warn that halting home construction would hurt the Valley's economy. "If you had any type of moratorium, whether it was driven by water, or anything else, you're going to constrict growth and you're going to constrict retailers wanting to be in that marketplace.Because they're not only building for today, they're building for tomorrow and for future growth," said Otter, whose company helped bring Trader Joe's and Circuit City to the Amargosa Commons commercial center in Palmdale. "Anything that's going to slow down residential is definitely going to impact commercial and industrial, because if you don't have affordable, available housing for people to live in, you're not going to have employees that will attract the companies to resettle to the Antelope Valley," he said.
    ...
    And it would behoove us to try to develop long-term solutions now while there is a break in the action of the normal growth patterns in the Antelope Valley and in Southern California," Otter said.

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    AV Journal - Former Kmart Building To Be Transformed... - [Cached Version]
    Published on: 3/1/2005    Last Visited: 7/17/2005  

    Dan Otter, a partner at project developer Sierra Development Group, said the Wickes store would require extensive work and take about six months before it could open for business.

    Further, 7,000 square feet would be used by a Mimi's Café, with plans for three additional retail tenants to round out the complex, Otter said.
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    Otter said construction would begin sometime in the next two months, with Heil Construction serving as the general contractor on the project.

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    AV Officials Tout Area to Los Angeles Brokers - [Cached Version]
    Published on: 6/23/2000    Last Visited: 12/1/2000  

    Invited to speak were Palmdale Mayor Jim Ledford, Alex Kugler, chief executive officers of SR Technics America Inc. ; Gregg Anderson, president of Rancho Vista Development Co., Dan Otter, president of Sierra Development Co., and Mark McGaughey, first vice president for CB Richard Ellis.
    ...
    Otter, who represents the Palmdale Promenade shopping center, talked about the two new Marriott Hotels going up adjacent to the 14 Freeway.He said that affordability, availability and accessibility to land and resources influenced the hotel chain's move to the Valley.

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    AV Press: Valley crests at high tide on retail wave - [Cached Version]
    Published on: 10/4/2006    Last Visited: 10/4/2006  

    "Over the past 20 years, we've seen the Antelope Valley - specifically Lancaster and Palmdale - mature as a retail market place," said developer Dan Otter, who is on the list of those responsible for such maturity.

    "I think that we're getting to a point in the core market in the Antelope Valley , that we're beginning to reach a saturation point - a point where many of the retailers that are in the market place nationally are here, and there are only so many retailers out there," said Otter, president of the Sierra Development Group.

    As a result, developers are turning to "the sub-regional market" in search of stores to fill new and remodeled shopping centers around the Valley, Otter said.

    Otter was one of three people describing on Tuesday the status of retail business in Palmdale to the members of the Antelope Valley Board of Trade.

    Taking turns with Otter at the podium were Danny Roberts, assistant executive director of Palmdale's Community Redevelopment Agency, and Keith Geiger, general manager of the Antelope Valley Mall in Palmdale.
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    Otter, who is in the process of renovating the former home of the city's Kmart next to the mall, said the Wickes furniture store already in place will soon be joined by a Michaels Arts & Crafts outlet, a Jared's Jewelers and another Coffee Bean & Tea Leaf shop.

    Only blocks away near the Marriott hotels, Otter is completing another project that will bring the first Sherwin-Williams paint store to the Antelope Valley and a Cycle Gear outlet.

    Otter predicted that the construction of a new 250-bed hospital at 10th Street West and Palmdale Boulevard will initiate work on a number of commercial ventures in that vicinity.

    "That will have a big impact on the market," but so will increases in fees charged by the city, increases in price of utilities and increases in the cost of raw land and building materials, Otter said.

    Combined, all those factors will make it more difficult for business owners to generate the return they need to pay their bills and make a profit, he said.

    "However, the long term in the Antelope Valley is very positive," Otter opined.

    "The pressure to provide housing in the state of California is not going to subside, and the Antelope Valley still has readily affordable and available land., The affordable and available land and the educated and skilled labor pool in the Antelope Valley provide the opportunity" for continuing retail expansion, he said.

  • View Online Source
    Antelope Valley Board of Trade - [Cached Version]
    Published on: 6/18/2005    Last Visited: 12/1/2006  

    Danny Roberts, Keith Geiger, Dan Otter to Speak at Luncheon
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    Danny Roberts, Keith Geiger, Dan Otter to Speak at Luncheon
    ...
    Danny Roberts, Keith Geiger, Dan Otter to Speak at Luncheon
    ...
    Panelists will include Danny Roberts, Assistant Executive Director of the Agency who came on board in 1990 and has been involved with many of the major attraction efforts; Keith Geiger, General Manager of the Antelope Valley Mall and Dan Otter, Sierra Development Group, LLC.
    ...
    Dan Otter has been involved with a variety of development efforts in Palmdale.His company developed the successful Amargosa Commons project which includes Trader Joes, Panera Bread, Circuit City and a number of other stores.

  • View Online Source
    Keep Memory Alive - [Cached Version]
    Published on: 11/30/2006    Last Visited: 11/30/2006  

    DANIEL E. OTTER

    Daniel E. Otter's 25 year career in the real estate industry spans a variety of positions and responsibilities including ...

  • View Online Source
    L.A. Daily News - Antelope Valley - [Cached Version]
    Published on: 3/3/2005    Last Visited: 3/4/2005  

    "We look forward to refurbishing the building that has been dark for several years," said Dan Otter of Sierra Development Group, one of the partners in the project.

    Negotiations are under way with three other potential tenants of the building, located in a burgeoning retail sector near the Antelope Valley Mall, Otter said Thursday.Those talks have not progressed to the point where names can be disclosed, he added.

  • View Online Source
    L.A. Daily News - Antelope Valley - [Cached Version]
    Published on: 6/4/2004    Last Visited: 6/5/2004  

    "This is a tremendous opportunity at the best retail location in the Antelope Valley," said Dan Otter, president of Sierra Development Group.

    While it is possible the building could be leased to one store, it's more likely it will be subdivided for three or four tenants, Otter said.

    Otter said he has been working on acquiring the building, located at Rancho Vista Boulevard and 10th Street West in the midst of a burgeoning retail sector, for more than 18 months.

    Otter said he began marketing the building to prospective tenants at last month's International Conference of Shopping Centers convention in Las Vegas.

    "It's been kind of an eyesore for the city for a couple of years," Otter said.

  • View Online Source
    News | www.aple.org - [Cached Version]
    Published on: 3/16/2006    Last Visited: 8/8/2006  

    Daniel E. Otter, owner, Sierra Development Group LLC, $5,000 Electronic Data Systems Corp., $5,000 It's My Party Too (centrist Republican organization), $5,000

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