Our Team
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David Nugroho

Senior Analyst

David leads market research and complex financial analysis to guide public agencies on how to leverage their assets to deliver public benefits and economic returns.

 

He specializes in bridging the gap between planning and implementation by underwriting development feasibility and crafting creative infrastructure funding and financing strategies. His work focuses on transforming underutilized land into vibrant developments that increase access to public transportation and expand the regional housing supply. David manages key workstreams for major transit agencies and state governments, with a focus on public-private partnerships (P3s) and joint development. He currently advises the Connecticut Department of Transportation (CTDOT) on rail station redevelopment and transit-oriented development (TOD) strategies across the state’s rail corridors. In California, David supported the Santa Clara Valley Transportation Authority (VTA) by evaluating funding and financing mechanisms for the BART Silicon Valley Phase II project. His portfolio also includes strategic advisory for the San Diego Association of Governments (SANDAG), where he analyzes P3 procurement options for large-scale TOD projects.

Beyond his project work, David is a technical lead within the firm for complex Excel modeling, including pro forma development and the analysis of Enhanced Infrastructure Financing Districts (EIFD). By projecting revenue and assessing implementation strategies, he provides clients with the data-driven clarity needed to move projects from conceptual design through funding and financing and into construction.

David is also a leader in the broader professional community, serving as Co-Chair for P/PREP, a premier networking group for professionals dedicated to public-private real estate and economic development.

David holds a Master of City Planning from the University of Pennsylvania, where he pursued specialized coursework in Real Estate Design and Development at both the Wharton School and the Weitzman School of Design. He also holds a Bachelor of Science in Urban Studies and Planning with Honors from the University of Southern California.