After four years as senior vice president of development at Swire Properties, Kevin Davenport is joining MaryAnne Gilmartin's team to lead her Manhattan-based firm's South Florida expansion.
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MAG Partners named Davenport the senior vice president and head of development of South Florida, according to a release.
The company is also looking to lease office space in Downtown Miami, reported Commercial Observer, which first reported the announcement.
"Miami has grown into a global city, with the capital, talent and demand to support large, complex, mixed-use projects," MAG Partners wrote in a LinkedIn post on Thursday. "The projects that will define the region are being built now, and they depend on strong partnerships and teams that know how to deliver at scale. That is the work we do."
The new role comes after MAG sought to hire a seasoned development executive to head a mixed-use tower with a hotel, luxury condos and retail spanning more than 1M SF at the beginning of this year. It is unclear where MAG is in the process of the unnamed project.
MAG Partners declined to disclose any details about its Miami office lease and the project.
Davenport's recent work with Swire included leading the development of the 2.7M SF Residences at Mandarin Oriental, Miami, which broke ground last month. He also led the predevelopment of Swire's planned 1.7M SF One Brickell City Centre office project before it was canceled and the site was sold to The Melo Group last year.
Before Swire, Davenport spent 10 years at Brookfield Properties, which rebranded to BGRE in July, and held positions at Hines and the Blackstone Group, according to his LinkedIn.
“MaryAnne and the MAG Partners team share my development ethos: a commitment to great design, thoughtful execution and creating places that have a lasting impact,” Davenport said in a statement. “I’m excited to build the company’s presence in South Florida.”
This will be MAG Partners' first known venture into South Florida, according to its website.
Gilmartin spearheaded the development of the Barclays Center basketball arena while working as an executive with Forest City Ratner before she was named CEO in 2013. After more than two decades with the company, she stepped down from her role and founded MAG Partners in 2018.
MAG Partners has designed, built and operated more than 16M SF of office, residential and mixed-use projects with a total value of more than $10B, according to the release.
The company has a handful of projects in New York, mainly mixed-income multifamily buildings, according to its website, and is now developing 122 Varick St. in Hudson Square with Global Holdings.
New York-based companies have long had a presence in South Florida, but as the region grows in popularity, drawing the ultra-wealthy and their companies, more pros are dividing their time between the Big Apple and the Magic City.
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