The Company

The Company

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The Peebles Corporation is a privately held national real estate investment and development company specializing in residential, hospitality, retail and mixed-use commercial properties. The company has corporate offices in New York City, Miami, and Washington D.C.

Founded in 1983 by Don Peebles, the company has become an industry leader with a portfolio of active and completed developments totaling more than 10 million square feet and $8 billion in the gateway cities of New York, Boston, Philadelphia, Washington D.C., Charlotte, Miami, San Francisco, and Los Angeles. 

No other company has successfully realized more real estate development through Public-Private Partnerships than The Peebles Corporation. Through construction excellence, sustainable practices, historic preservation and innovative design, every project is strategically selected to achieve transformative results for the company and community.

Over the course of more than 35 years, The Peebles Corporation has developed high profile assets guided by the principles of Affirmative Development™ to help empower women and minorities and close the wealth gap.

Awards

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The Peebles Corporation has received numerous awards and accolades for its exemplary business practices.
Select recognitions include:

The Beacon Award

“Company of the Year” by Black Enterprise

“Best Real Estate Deal of the Year” for The Residences at the Bath Club by Ernst & Young 

“Community Leader” Award by Miami-Dade Chamber of Commerce

“Hotel of the Year” Award for The Royal Palm by Crown Plaza

“Outstanding Hotelier of the Year” for The Royal Palm by Hotel Owners, Operators & Developers

“Florida’s Best” Platinum Architect Award and Overall Project Award from The Builders Association of South Florida 

Affirmative Development™

The Company

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Senator Obama with The Peebles

Affirmative Development™ (n.): To be transformational; To create environments of economic opportunity for minorities and women in business by using both the company and its projects as vehicles for change. 

From day one, our diverse team of executives, partners and contractors has reflected these core beliefs. 

Unmatched Diversity & Inclusion

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A one-hundred percent minority-owned development company, The Peebles Corporation is known for its commitment to increasing economic prosperity for minority and women-owned businesses. Across the board, we have achieved this by consistently outperforming municipality-mandated diversity goals and by breaking down barriers to entry for local businesses in the communities we develop.  

We make inclusivity a priority throughout all phases of a project. We seek to involve businesses that have historically been excluded from real estate development prosperity by assembling teams that are not only qualified to execute, but are reflective of the diversity of the cities in which we develop and make them partners in our success.

Examples of projects where the Peebles Corporation has either successfully set (or as completed) met and exceeded diversity and inclusion goals include:

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Public-Private Partnerships

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The Peebles Corporation is the nation’s leader in the acquisition and development of large-scale urban properties through public-private partnerships.

We work alongside municipalities to champion economic growth and the revitalization of major cities. By approaching projects with a sensitivity to history and heritage, we bring communities together in meaningful ways.

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Through public-private partnerships, we develop underutilized, publicly owned real property assets to boost profitability and transform communities.

In New York’s Tribeca neighborhood, in the largest single-building sale in New York City government history, we acquired 346 Broadway (currently known as 108 Leonard) in 2013. Redevelopment plans for the 500,000-square-foot landmark are underway involving residential condominiums, retail and dedicated community space.

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Our business model is a proven one, designed to minimize risk and maximize value for both investors and the cities in which we develop.

Public-private partnerships allow us to mitigate risk by controlling the site while we secure development approvals. The arrangement allows us to work with and compensate local municipalities for the full value of their properties and grow the city’s tax base by transferring these properties from public to private ownership. Another strategic goal is jobs generation, not only in temporary construction but in permanent jobs creation through redevelopment.

Examples of projects where The Peebles Corporation has partnered with public agencies and municipalities across the US and successfully developed underutilized publically-owned real property assets include:

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