Pegasus Completes Project Management for Raising Cane’s and Honey Baked Ham in Los Angeles

Pegasus Completes Project Management for Two LA Retail Developments
CRE Market Beat Take
The expansion of Pegasus’ owner-side project management work, including construction loan administration, points to growing reliance on third-party controls to manage development execution risk in small-format retail rollouts.

Pegasus has wrapped up project management assignments for two retail projects in the City of Los Angeles, supporting the delivery of Raising Cane’s first location within city limits in Westwood Village and a new Honey Baked Ham franchise in Sherman Oaks. In both cases, the firm acted as the owner’s project management advisor, providing guidance from initial planning through completion.

In describing the firm’s approach, project manager Mike McCanless emphasized that Pegasus focuses on disciplined processes designed to keep projects on track with owner objectives. He noted that thoughtful planning, clear communication, and consistent execution are central to the firm’s methodology, with the project management team responsible for coordinating the many parties involved from early planning stages through final delivery.

The work on the Raising Cane’s restaurant in Westwood Village underscores the role of dedicated third-party project management in bringing new retail concepts into established urban neighborhoods. By advising ownership throughout the process, Pegasus helped navigate the sequence of planning, design, and construction decisions needed to complete the first City of Los Angeles location for the brand.

Similarly, the Honey Baked Ham franchise in Sherman Oaks reflects Pegasus’ support for franchise and small-format retail expansion within the broader Los Angeles retail landscape. Acting as an owner’s advisor, the firm remained engaged across the project timeline to help align design, construction, and delivery milestones with the client’s expectations.

The assignments in Westwood Village and Sherman Oaks are cited by Pegasus as evidence of the continued expansion of its construction and project management practice. The firm positions its services as covering the full development cycle, including entitlement coordination, budgeting and scheduling, consultant procurement, contractor management, construction loan administration, tenant coordination, and post-completion asset management.

By maintaining oversight from entitlements through post-completion, Pegasus aims to provide owners with a single point of accountability across the development process. The two Los Angeles retail projects highlight how integrated project management can support both brand expansion and ongoing asset performance once the stores are operational.

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