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Porter Development

(Tampa Bay Region) 11–50 employees 1 principals

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Last updated 4d ago

About Porter Development

Porter Development is a real estate operator headquartered in (Tampa Bay Region). Porter Development operates in Tampa - St. Petersburg, Florida. Its investment focus is on Affordable Housing, Multifamily - Ground-up and Standalone Retail.

Porter Development is a privately held real estate development company based in Florida, specializing in multifamily residential, affordable housing, workforce housing, and mixed-income communities. The company focuses on residential development projects in the Tampa Bay region, including St. Petersburg, and works with private development partners and local government agencies on large-scale housing initiatives. Its activities include site acquisition, development planning, financing coordination, entitlement, and construction oversight. One of its major projects is Azalea Cay in St. Petersburg, Florida, a planned 1,058-unit residential community developed in partnership with Metro Development Group. The project's first phase includes 341 apartments, of which 102 are designated as income-restricted units, with an estimated development cost of $109.8 million. Approximately 30% of the overall development is intended for affordable and workforce housing. Porter Development's operations emphasize multifamily housing production, mixed-income residential development, and public-private development collaboration.

Principals at Porter Development

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1 principal on file

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Recent activity at Porter Development

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Porter Development's project portfolio

4 projects on file · Retail (1), Recreation (1), Affordable Housing (1), Multifamily (1)

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Every development in this GP's portfolio — location, unit count, square footage, and build status — plotted on an interactive map.

Markets and themes

Markets Porter Development operates in

  • Tampa - St. Petersburg, Florida

Investment themes at Porter Development

  • Affordable Housing
  • Multifamily - Ground-up
  • Standalone Retail
  • Workforce Housing

Capabilities

  • Asset Management
  • Construction Management
  • Public-private partnerships

Operators similar to Porter Development

  • IRA Capital
    Established tierTampa - St. Petersburg, FloridaAffordable HousingMultifamily - Ground-up+2 more themes
  • Westmount Realty Capital
    Established tierTampa - St. Petersburg, FloridaWorkforce HousingStandalone Retail+2 more themes
  • Edge Realty Partners
    Established tierWorkforce HousingStandalone Retail+2 more themes
  • RealtyLink, LLC
    Established tierTampa - St. Petersburg, FloridaStandalone RetailAffordable Housing+1 more theme
  • Barclay Group
    Established tierTampa - St. Petersburg, FloridaStandalone RetailAffordable Housing+1 more theme
  • Redbrick LMD
    Established tierWorkforce HousingStandalone Retail+2 more themes
  • ABS Partners
    Established tierTampa - St. Petersburg, FloridaStandalone RetailAffordable Housing+1 more theme
  • Schafer Richardson
    Established tierWorkforce HousingStandalone Retail+2 more themes
  • Sherman Associates
    Established tierWorkforce HousingStandalone Retail+2 more themes
  • Buligo Capital
    Established tierWorkforce HousingStandalone Retail+2 more themes

Frequently asked questions about Porter Development

What does Porter Development do?
Porter Development is a privately held real estate development company based in Florida, specializing in multifamily residential, affordable housing, workforce housing, and mixed-income communities.
Where is Porter Development based?
Porter Development is headquartered in (Tampa Bay Region).
What markets does Porter Development operate in?
Porter Development is active in Tampa - St. Petersburg, Florida.
How many employees does Porter Development have?
Porter Development has 11–50 employees.
Porter Development cover image

Porter Development at a glance

Tier
Established
Operator type
Developer
Headcount
11–50
Units owned
1,000-5,000
Units managed
1,000-5,000
Property mgmt
Self-Managed
Markets
1
Principals
1

Contact Porter Development

Clearwater, FL, USA (Tampa Bay Region)
www.porterdev.com