Monday, March 3, 2008

Big Developers USA & Abroad

Big Developers USA & Abroad
Thanks to Liviu Ureche for the correction on the location of the Romania Course. Also I think there will be a course offering at Varna in Bulgaria in May. This is a beautiful resort on the Black Sea.
Yesterday I met with the representative from a Spanish Developer. She was telling me about projects they are doing in Panama City and Mexico. The Panama city project is a 70 + story residential building. That is big. Lots of developers do stuff that big though. The project in Mexico is a city.
With the exception of Rouse and Levitt, USA developers do projects like subdivisions, shopping centers, high rise buildings or the occasional mixed development. They do nothing of the scale of some of the international developers. The international developers go in and install infrastructure and organize governments and even build airports and negotiate with airlines to add flights. They take a bare beach or pure wilderness and turn it into a booming metropolis.

David Segrest is a REALTOR in Charlotte NC. His website is http://www.segrestrealty.com His email is david@segrestrealty.com

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