Out of Florida

Florida developers are busy on out-of-state projects, but they say that reflects on unique opportunities they've found rather than a judgment about Florida's future.

Mike Vogel | 10/1/2007

Turnberry

Above, Turnberry Towers,
Las Vegas

At right,
Bruce Weiner

Developer Turnberry ventured beyond Miami a decade ago with a tower in Las Vegas. Since then, it has built 3,600 condo and condo/hotel units there. It has two projects in Vegas — one includes two 45-story towers, and another includes three 40-story towers — a 25-story tower in Arlington, Va.; a 36-story tower in Houston; a 40-story tower in San Francisco; a 495-unit condo/hotel in the Bahamas; and is scouting the Los Angeles market. Turnberry President Bruce Weiner says as much as 70% of the company’s revenue comes from outside Florida.

Ginn Resorts

Above, Ginn sur Mer,
Grand Bahama’s
West End

At right,
"Bobby" Ginn

Edward Robert “Bobby” Ginn’s Celebration-based company lays claim to 40,000 acres from his native South Carolina, his adopted Florida and up through the North Carolina mountains — where he’s developing the 6,000-acre Laurelmor — to a Vermont ski resort. One of his largest projects is the
1,957-acre Ginn sur Mer on Grand Bahama’s West End,
where he’s committed to building 4,400 condos and
hotel units, 1,800 single-family home sites, a private airport, marinas and golf courses.

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Tags: North Central, Housing/Construction

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