The Black Informant

Developer eyes Hampton roads

(hamptonroads.com) A South Florida developer showed cursory interest Thursday in Virginia Beach’s proposed convention center hotel.

R. Donahue Peebles, chairman and chief executive officer of the Coral Gables-based Peebles Corp., said his company is “more than capable” of doing the project.

The developer was in town to talk to Norfolk State University students and faculty and to promote his book, “The Peebles Principles.”

The Peebles Corp. is said to be “the largest African American owned commercial real estate development firm in the country,” according to the corporate Web site. It has a $4 billion portfolio of luxury hotels, high-rise residential and Class A commercial properties and developments under way in Washington, D.C.; New York; San Francisco; Las Vegas; Miami Beach and the Florida Keys, according to promotional material. (more…)

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