Peebles Corporation
Real estate investment and development company
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August 2023 | Secured funding from Stonehill Strategic Partners for Phase 1 of the Brooklyn Village development in Charlotte, NC. |
June 14 2023 | Opened the 17 Mississippi affordable housing development in Washington, D.C. |
October 2022 | Awarded the Bankhead MARTA development project in Atlanta, GA, a mixed-use transit-oriented community project. |
December 2021 | The Empire State Development (ESD) withdrew the Request for Proposal for the Affirmation Tower project in New York, citing a need for further community engagement. |
2020 | Peebles was required to pay a multi-million dollar verdict for failing to maintain The Bath Club premises to a contractual standard. |
2020 | Completed a $9 million renovation of The Bath Club in Miami Beach. |
December 31 2020 | By the end of 2020, Peebles intended to begin investing through the Emerging Developer Fund, though the fund encountered challenges in attracting investors, particularly from public employment pension funds. |
2019 | Don Peebles launched the Peebles Emerging Developer Fund, a $500 million investment fund specifically designed to support women and minority developers in New York, Los Angeles, and South Florida. |
December 2017 | Unanimously approved to redevelop the Bunker Hill site in Downtown Los Angeles as part of the Angels Landing project, a $1.2 billion development. |
2015 | Massachusetts Bay Transportation Authority and Massachusetts Department of Transportation chose Peebles for the development of the Viola Back Bay project in Boston, a $330 million, 390,000-square-foot mixed-use development. |
2014 | Peebles responded to a Request for Proposal to redevelop the Long Island Community Hospital site, but negotiations were terminated by SUNY due to alleged 'bad faith' practices. |
2013 | Peebles and El-Ad Group acquired 108 Leonard Street (Former New York Life Insurance Company Building) in New York for $160 million. |
2012 | Settled a lawsuit with the D.C. Attorney General for $120,000, with most claims dismissed. |
2010 | Peebles was sued by the D.C. Attorney General for alleged billing issues related to the 5th & I project in Washington, D.C. |
2010 | Peebles formed a joint venture with MGM Grand and Harbinger Capital to bid on the Aqueduct Casino in Queens, NY, but was ultimately unsuccessful. |
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