Director, Development & Construction
As NewMark Merrill’s Director of Development and Construction, Luca Giovanardi is responsible for the execution of all ground-up and remodel projects nationwide, including due diligence, lease exhibit negotiations, budgeting, entitlements, design, permitting, bidding, value engineering, and construction management. Since joining the company in 2012, he has overseen the development of over 1.25MM sf of retail space and managed over $100MM in construction costs.
Most notably Mr. Giovanardi recently executed the ground-up development of the 490,000 sf, $90MM Village at the Peaks mall in Longmont, CO, and the redevelopment of the 314,640 sf Crenshaw Imperial Plaza shopping center in Inglewood, CA. The prior renovation of the 180,000 sf Park Plaza On Maine shopping center in Baldwin Park, CA received the Los Angeles Business Journal’s Best Retail Project award in 2014.
Before joining NewMark Merrill, he was Vice President and Director of Project Management at Evergreen Devco, where he established and led a development team responsible for executing the strategic rollout of Fresh & Easy Neighborhood Market stores in CA for Tesco, the third-largest retailer in the world. During his time at Evergreen Devco, Mr. Giovanardi managed over 45 ground-up and remodel developments, and completed over 500,000 sf of retail space equating to approximately $100MM in construction costs. He was responsible for the development of the 300,000 sf Goodyear Centerpointe regional shopping center in Goodyear, AZ.
Collectively Mr. Giovanardi has almost 20 years of development and construction experience, completed shell and turnkey deliveries and modifications for over 60 national tenants, managed over $200MM in construction costs, and worked with over 70 municipalities in CA, AZ, NV, CO, and IL.
Mr. Giovanardi studied at Arizona State University where he earned his BS in Business Management, graduating Summa Cum Laude. He is an active member of ICSC, ACRE, ULI and Habitat for Humanity.