Devmar Development

About Devmar Development

Devmar Development is a real estate operator headquartered in St. Petersburg, FL. Devmar Development operates in Detroit, Michigan, Lakeland-Winter Haven, Florida and Tampa - St. Petersburg, Florida. Its investment focus is on Multifamily - Ground-up.

DevMar Development is a real estate firm that specializes in the acquisition, development, and management of multi-family, luxury residential, and mixed-use projects [1.1.5, 1.1.6]. Headquartered in Birmingham, Michigan, the company maintains a primary operational focus on urban markets throughout Florida [1.1.5]. The firm was incorporated in 2006 [1.1.5] and operates under the leadership of Chairman and CEO Mark DeMaria [1.1.5, 1.1.6]. Mark DeMaria is an experienced developer with over 20 years in the industry and a track record of completing projects valued at more than $600 million [1.1.5]. The executive team also includes specialized leadership in construction and financial management, with members overseeing multi-billion dollar project experience [1.1.5]. DevMar Development manages the full lifecycle of its projects, ranging from site selection and entitlement to construction management and final asset operations [1.1.5]. Its portfolio includes various mid-sized city developments, such as The Metro and Sky in St. Petersburg, Vantage in St. Petersburg and Fort Myers, and RainDance and Breeze in Winter Haven [1.1.5].

Principals at Devmar Development