Depth – Diversity – Flexibility – Expertise
Developers of yesterday found that the classic entrepreneurial attributes of risk, tolerance and drive were the keys to success.  Today, the real estate world demands that entrepreneurial developers also demonstrate a high level of sophistication and a strong understanding of the market conditions and entitlement processes about the real estate projects which they are developing.

Whether serving as a full-service principal, partner, consultant or broker, Maxcy Development Group leverages its combined 60+ years of development experience with the proficiency of its professionals on every aspect of the development process, from vision to execution, handling all aspects of horizontal and vertical development for residential, commercial and mixed use real estate projects.

Maxcy Development Group possesses a broad skill set applied to the horizontal and vertical development processes - from acquisition through execution - for both single-use and mixed-use projects. With an interest and knowledge in the many types of development options, we capably evaluate a multitude of alternative land uses, evaluating the potential of both raw land and entitled land. Coming to bear on this assessment is strong consideration of the market and regulatory conditions, existing as well as anticipated, which leads us to the development and execution of the optimum development strategy.

Because of the investor risk of such developments, the principals of Maxcy believe success is best assured when the market is fully understood by the decision makers and consultants like local attorneys, planners, architects, engineers and others. Maxcy's operational strategies and depth of comprehensive development capabilities allows us the flexibility to develop the strongest execution strategy while maximizing the financial return to our investors and clients.

Maxcy Development Group has developed long term relationships with various lending institutions throughout central and west Florida.  With the financial strength of Latt Maxcy Corporation, Maxcy Development Group has the ability to create financing alternatives based on the project economics rather than relying on a bank’s traditional underwriting criteria, which often results in decisions that are good for the bank but do not necessarily reflect the highest and best use of the property.

These relationships have matured to the point where lenders have looked to Maxcy for assistance with the repositioning and marketing of non-performing properties.  Pooling their collective business expertise, the principals of Maxcy have been successful in creating strategies for workouts as well as the development and financing of Community Development Districts (CDD’s) and Community Redevelopment Areas (CRA’s).

With his Masters Degree in Urban and Regional Planning from Florida State University and more than 20 years of development experience, Harry Lerner, President of Maxcy Development Group, and his team are responsible for the often difficult task of obtaining land use and development approvals for each and every project.

The approval process has historically focused on land use approvals, such as comprehensive plan and zoning approvals. It has been a long-standing belief in the development community that when the political side of the approval process has been resolved, administrative approvals were fairly automatic. Over the years, the approval landscape has changed dramatically shifting the predictability of the political process and finding more sophistication and uncertainty in the administrative arena.

Good results require exceptional work in partnership with communities and regulatory bodies to ensure a compatibility of objectives for all parties involved in the process. Approval experience includes: comprehensive plan amendments, zoning amendments, concurrency approvals, Development of Regional Impacts (DRI's), environmental permitting for wetlands, uplands and wildlife, and engineering and site plan approvals. Understanding the planning process, the municipalities and regulatory agencies involved in each approval process and having long-term, stable relationships across Florida and the Southeast, Harry Lerner is able to work for his investors and clients to ensure that the entitlements and development approvals obtained maximize the economic return of every Maxcy development project.

Maxcy has strong professional affiliations and relationships in regards to all matters related to engineering, permitting and regulatory approvals.   The better the market, the more difficult it is to keep the process moving.   We pride ourselves on the respect we have earned from colleagues throughout the industry, and believe that by treating everyone professionally, we can obtain maximum output from our consultants.  Our attention to detail, problem solving and follow-up facilitate better results for our investors and clients, avoiding unrealized mistakes often made by the most qualified consultants.

Once the necessary approvals are secure, Maxcy Development Group brings its extensive experience to the process of bidding, negotiating and managing development and construction contracts, both large and small.   Our experience provides an advantage by knowing what works, who to work with and how to bring a top-quality job to completion on a budget and in a timely manner.

In today’s escalating real estate market, an inability to control costs is a common error of even experienced developers.  Less experienced, first time developers, in their haste to reduce costs, often hire the lowest bidding engineers and contractors which can cripple even the most promising of deals.  Maxcy can identify areas of likely cost overruns and then carefully monitor and manage the expenditures.

Maxcy Development Group expertly manages sales and leasing, including: selling lots to builders; selling developed land to large retail users; selling 5,000-square-foot office buildings to doctors and accountants; leasing to national and local retailers in community shopping centers; and, marketing master planned communities.   Our marketing and sales commitment values constant communication with retailers, builders, investors, professionals and other developers through relationships and participation in professional organizations, such as the Urban Land Institute, International Council of Shopping Centers and National Association of Home Builders.

A natural extension of development and leasing is our property management expertise. We pride ourselves on maintaining beautiful, well-maintained projects for the benefit of our shopping center tenants and our community’s residents.  Maxcy Development Group is committed to the implementation and management of sufficient budgets and qualified vendors in order to provide a long-term, sustained investment for the benefit of all involved.