Whitman Family Development
11–50 employees 5 principals
Last updated
About Whitman Family Development
Whitman Family Development is a real estate operator. Whitman Family Development operates in Miami - Ft. Lauderdale - West Palm Beach - South Florida. Its investment focus is on Standalone Retail.
Whitman Family Development is a fourth‑generation, family‑owned real estate company founded in 1946. The firm employs approximately 11–50 people and is headquartered in Miami Beach, Florida. Their flagship asset is Bal Harbour Shops, an open‑air, luxury retail center launched in 1965 on a 16‑acre site. The property now spans roughly 450,000 sq ft of upscale retail space with over 100 stores and restaurants. In July 2019 they secured a $550 million financing package to support a 200,000–250,000 sq ft expansion, expected to add 35–new luxury brands by 2025. In 2016 the company co‑developed the 500,000 sq ft retail portion of Brickell City Centre in downtown Miami, a $1.05 billion mixed‑use project. In January 2024, they submitted plans to build approximately 600 new residential units—40% workforce, 60% luxury—plus a 70‑room boutique hotel and nearly 46,000 sq ft of additional retail on their Bal Harbour site.
Principals at Whitman Family Development
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