Peebles Corporation

Real estate investment and development company

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2025 Denied a $13.5 million loan request from the city for the Brooklyn Village project by government officials.
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 Publicly stated that 'racism has impeded our progress' in the Los Angeles Angels Landing project after ongoing delays.
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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