MMI Track Record

MMI Track Record

Our partners have relied on MMI Development because of our high ROI, effective process for project completion, and solid track record for success.

In addition to successfully completed projects, we have paved the way for enhancing development as MMI was the first developer in Orange County to complete the following:

  • In 2002, MMI negotiated and entered into a Capacity Enhancement Agreement (CEA) with Orange County Public Schools. This agreement allowed rezoning of a group of parcels of land from Agriculture to Multifamily. CEAs were required by Orange County government as part of their implementation of school capacity requirement under the Martinez Doctrine.
  • Gained 100% approval for deferral of impact fees over a three-year period from the date of last Certificate of Occupancy, thereby significantly decreasing the initial development budget on new construction.
  • Gained vested rights against school concurrency. School concurrency was adopted statewide in 2008 and implemented in Orange County, FL in October 2008. School concurrency essentially states that a property cannot be rezoned to multifamily and/or get a building permit unless public schools serving the property have capacity for new students.

Progress Village Apartments

Progress Village Apartments is a 291 unit multifamily property in Tampa, Fl. The project was completed in Q4 of 2020.

Location: Tampa, Florida

  • 291-unit Class A apartment project
  • MMI served as the project developer and construction manager and currently serves as the Asset Manager
  • Total project cost was $48,000,000 ($1M under budget)
  • Project level IRR is currently at 75.4%
  • View in Google Maps
  • Visit the property website

The Tiffany at Maitland West

Maitland, Florida

The Tiffany at Maitland West is a 315 unit multifamily property in Maitland, Fl. The project was completed by MMI Development and later sold.


Lake Weston Apartments

Lake Weston Apartments
Eatonville, Florida

Lake Weston Apartments is a 437 unit multifamily project located in Eatonville, a suburb of Orlando, FL.

  • MMI was contracted by Federal Capital Partners.
  • MMI supplied the plans for its proprietary multifamily product for the project
  • MMI also oversaw all aspects of  site planning, re-zoning, final permitting, engineering and architectural governance, budget preparation and selection of Walker & Co as GC – All successfully completed

Douglas Centre

Douglas Centre
Coral Gables, Florida

  • 197,000 square foot, multi-tenant office building
  • 197,000 square foot, multi-tenant office building
  • MMI served as the development partner
  • over 100,000 square feet of office leasing and tenant improvements
  • Total capital Improvements exceeded $10,000,000 which increased value to $59,000,000 from original purchase price of $20,000,000.

View in Google Maps
Visit the property website


Marden Road Interchange

Marden Road Interchange
Apopka, Florida

  • Private, Public, Partnership (PPP) between MMI, City of Apopka and the Central Florida Expressway
  • “On and Off” ramp from Maitland Boulevard (State Road 414) onto Marden Road
  • This interchange is the first of its kind in Central Florida
  • MMI served as the project developer and completed the project two months ahead of schedule and 7.3% under budget
  • Total project cost was $8,000,000

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Marden Ridge Apartments

Marden Ridge Apartments
Apopka, Florida

  • Closest multifamily project to Florida Hospital Apopka
  • MMI served as the project developer and construction manager
  • Total project cost was $38,000,000 and was finished on schedule and within budget
  • Lease up averages 15 units per month

View in Google Maps
Visit our leasing website here


Windermere Cay Apartments

Windermere Cay Apartments

Winter Garden, Florida

  • 380-unit Class A apartment complex
  • Phase 1A (272 units)
  • Phase 1B (108 units)
  • Adjacent to Walt Disney World

View in Google Maps
Visit our leasing website here


2103 Coral Way

Coral Way
Miami, Florida

  • Eight-story, 80,000 square-foot office building
  • At the time of acquisition, this fractured office condominium building was 40% leased.
  • MMI purchased the remaining units, collapsed the condominium form of ownership, stabilized the asset to 90% and sold the project in the summer of 2014. 

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Mariano Moreno Culinary Institute


Valencia Lane Apartments

Valencia Lane Apartments
Orlando, Florida

  • 240-unit, garden style, multifamily community
  • MMI was responsible for the land acquisition, rezoning, entitlement acquisitions, and construction management for this project.

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Golden Glades Office Park

Golden Glades Office Park
Miami Gardens, Florida

  • 191,000 square-foot office park
  • Eight low- and mid-rise office buildings
  • At the time of acquisition, the property was 77% leased. Under MMI’s management, the property achieved 97% occupancy in nine months.

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2153 Coral Way

Coral Way
Miami, Florida

  • 32,000 square-foot office building
  • After acquisition, MMI successfully extended and renewed the existing single tenant lease.

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Shoppes at Ives Dairy Road

Shoppes at Ives Dairy Road
Miami, Florida

  • 26,000 square-foot, neighborhood shopping center
  • National tenants include Starbucks®, Chili’s Foot Locker®, RadioShack GameStop®, Subway®, and Wireless Toyz

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Dean Road Apartments

Orlando, Florida

  • 288-unit, garden style, Class A apartments
  • MMI assembled five contiguous parcels, consisting of 18 acres. The property was then rezoned for multifamily development.

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PRC

Miami Gardens, Florida

  • 139,000 square-foot office building
  • Located west of the Golden Glades Interchange in north Miami-Dade County
  • The office building was leased to a single tenant.

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