Timothy C. Kelly


Tim Kelly is one of the founders of  KMA, as well as its former President.  For more than 50 years, Tim provided his clients with real estate and financial expertise relating to urban development. He retired from the firm in 2022.

Key Role

Tim was an advisor on a wide range of commercial and residential development.  Many have been pioneering, ranging from Horton Plaza in San Diego to the Fairmont Hotel in San Jose to Bay Street Shopping Center in Emeryville.  The depth of his experience provided him with exceptional skills to work with both private developers and the public sector.  Throughout his career, he was frequently asked to play a role in developer selections, disposition negotiations, and presentations to public officials.

Areas of Specialization

Public/Private Partnerships (P3)

Tim played a major role in structuring creative public private financing, including P3 agreements between the private sector and governmental, educational and non-profit entities.  He has advised on agreements with Catellus, Forest City, CIM Group, Related Companies, Madison Marquette, and MacFarlane Partners.   More recent projects included: Transbay Terminal Blocks, Bay Street Shopping Center in Emeryville, Alameda Theater, On Broadway in Redwood City, San Jose Fairmont and Santa Clara County Civic Center.

Development Agreements and Entitlement Strategies

Tim advised his clients on development agreements and entitlement strategies for surplus properties, underutilized industrial and commercial sites, and base closures.  He specialized in developing strategies that balanced development interests with requirements for public benefits, affordable housing and mixed-use development.  Assignments included Millennium Tower at 706 Mission, Broadway Pointe in Walnut Creek, Chiron Campus (now Novartis) in Emeryville, the former Santa Rita jail property in Dublin, and the Naval Fleet Industrial Supply Center in Alameda.

Contact Details

Professional Credentials

  • MBA, UCLA Graduate School of Management
  • B.A. in Economics, UCLA
  • Member American Society of Real State Counselors (CRE), past Chairman of the Northern California Chapter
  • Member, ULI SF District Council / Residential Local Product Council
  • Conference Speaker- ICSC, CRA, ULI and UC