MMI Development

About MMI Development

MMI Development is a real estate operator headquartered in Orlando, FL. MMI Development operates in Austin, Texas, Denver, Colorado and Miami - Ft. Lauderdale - West Palm Beach - South Florida. Its investment focus is on Affordable Housing, Infrastructure and Multifamily - Ground-up.

MMI Development is a real estate development firm specializing in multifamily and mixed‑use projects. The company has developed thousands of housing units across Orlando, Tampa, Miami, Denver, and Austin. A representative current project is the Progress Village Apartments, a 291‑unit, Class A multifamily complex in Tampa completed in Q4 2020, with a total cost of $48 million (under budget by $1 million) and a project‑level IRR of 75.4 percent. Additional ongoing developments include a 444‑unit multifamily project in Orlando (construction expected to start Q1 2023), a 280‑unit Sarasota development with traffic infrastructure improvements (start Q4 2022), and a 460‑unit project in Austin that began site work in Q1 2022. MMI also pursues public–private partnerships, such as a proposed mixed project with park improvements, affordable housing, and flood mitigation in Tampa’s Hillsborough County.

Principals at MMI Development