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TRANSFORMATIVE DEVELOPMENT DESIGNED TO ENHANCE COMMUNITIES

WE ARE FOREST DEVELOPMENT

Forest Development is a multi-faceted team of real estate development professionals with decades of experience. Our diversified investment strategy includes adding value through strategic partnerships and opportunities with mixed-use, multifamily, luxury condominiums, hotels, retail, restaurants, and marinas. The company is committed to providing outstanding service and quality for investors, residents and tenants.

Our Vision

Creating transformative developments designed to enhance communities.

Environments that Thrive

Breathing new life into emerging markets, each unique space thoughtfully establishes a refreshed sense of place and community.

Building Community

Our team is dedicated to partnering with and providing value to the communities in which it invests.

OUR LEADERSHIP

Peter Baytarian

MANAGING PARTNER

Justin Morrow

CHIEF OPERATING OFFICER

Chester Rodeheaver

CHIEF FINANCIAL OFFICER

Snowden

CHIEF STRATEGY OFFICER

SENIOR VICE PRESIDENT OF DEVELOPMENT

SENIOR VICE PRESIDENT OF CONSTRUCTION

E. Flynn VICE PRESIDENT MARKETING COMMUNICATIONS

Sam Bauer

Farid Jazouli

Sarah

Joe

OUR TEAM

Gregory Demetriades CONTROLLER

Donna Bryson

SENIOR VICE PRESIDENT OF ACCOUNTING

Samantha Siliato BUYER RELATIONS MANAGER

Felicia Pisacano LAND PLANNING ASSOCATE

Stephen Burjan

SENIOR CONSTRUCTION MANAGER

Alisa Farnsworth SALES TRANSACTION MANAGER

Harshith Pammi

PROJECT ENGINEER

Girish Chandra Brahmanapally

PROJECT ENGINEER

Mimi Bauer

ACCOUNTING MANAGER

Julia Andersen

FINANCE MANAGER

MARKETING & OPERATIONS MANAGER

Vera Saveljic

GUEST RELATIONS

COORDINATOR

Carlos Quintero

FACILITY MANAGEMENT

Alyssa Kolb

BREATHING NEW LIFE INTO EMERGING MARKETS

Forest Development acquires and develops undervalued and primarily waterfront properties in or adjacent to growing cities in Florida. Investing in areas on the path of development empowers our team to create destinations and shape vibrant communities

MARKETS:

Palm Beach County – East Coast

Headquarters of Forest Development

Focus: Waterfront properties from Jupiter to the north and Boca Raton to the south.

Lee County – West Coast

Focus: Waterfront properties in Cape Coral including a large development spanning seven islands.

Florida

Lee County

IN DEVELOPMENT: 1,200 CONDOMINIUMS

1,400 APARTMENTS

500 HOTEL KEYS

14 RESTAURANTS

500 BOAT SLIPS

165,000 COMMERCIAL SQ. FT.

Lake Park

Palm Beach County

Riviera Beach

Cape Coral

LOCATION: LAKE PARK & RIVIERA BEACH PALM BEACH COUNTY / FLORIDA

LAKE PARK MARINA WATERFRONT DISTRICT

The Forest Development vision for a vibrant Lake Park waterfront is coming to fruition. An elevated lifestyle of residences, dining, entertainment, art installations, boating and fun is on the horizon. The Lake Park Marina Waterfront District will be a new destination along U.S.1, north of West Palm Beach and south of Palm Beach Gardens.

▪ Pedestrian Friendly

▪ Art Installations and Sculpture

▪ Event Space

▪ Public and Valet Parking

▪ Transient Boat Slips

▪ Restaurants – Indoor and Outdoor Dining

Features:

Nautilus 220

▪ Condominiums

▪ Seahawk Prime by David Burke

▪ The 19th Hole featuring Topgolf Swing Suite

▪ Cafe

The Kelsey

▪ Hotel with 180 rooms and 60 rental units, rooftop event space, two pools, restaurant, bar

Boat Storage Facility

▪ 300 dry slips in all automated storage building

Marina

▪ Current public marina will be renovated and expanded to accommodate boats up to 100ft., addition of transient boat slips for dining

Restaurant

▪ Three level restaurant on the point with outdoor seating

Oculina

▪ Condominiums, cafe, fast casual and fine dining restaurants, retail, office

SOLA

▪ Apartments and retail

Gulf Gateway Resort & Marina Village is proposed for the Seven Islands waterfront development which comprises 47 acres in Northwest Cape Coral.

Forest Development was selected by the City of Cape Coral to purchase and develop the Seven Islands properties in November 2022, and the project is currently in the entitlement process. Our team has been working with the city as we create this amazing resort destination that will enhance the area and provide amenities for residents.

LOCATION:

CAPE CORAL / SOUTHWEST FLORIDA

Features

▪ Condominiums

▪ Apartments

▪ Hotel ▪ Fish Houses ▪ Waterfront Restaurants ▪ Tiki Bar

Island dedicated to:

Public Marina and Boat Slips

Lagoon Resort

Meeting Rooms/Spaces

Retail

Commercial

▪ Community center, waterfront restaurant with outdoor dining, splash pad with shade canopy, kayak launch, dog park, outdoor amphitheater, and a hip food truck park

We envision the Seven Islands waterfront development as a destination with waterfront living, vacationing, dining, shopping and entertainment.

PUBLIC-PRIVATE PARTNERSHIPS

Community-minded. Future-focused.

A spirit of collaboration guides our public-private partnerships. Forest Development engages with municipalities to activate areas as community destinations. We bring to life under utilized properties with a mix of residential, dining, and entertainment to create a more sustainable future for residents and visitors.

LOCATION: LAKE PARK / PALM BEACH COUNTY / FLORIDA

MARINA REDEVELOPMENT

Forest Development was selected by the Town of Lake Park for a Public-Private Partnership (P3) to redevelop and manage the Lake Park Harbor Marina. Enhancements include a hotel, boat storage building, restaurant and expanded marina. The project is currently in the entitlement process in the Town of Lake Park.

Features

Hotel

▪ Rooms: 180, total of 120,085 rentable SF

▪ Rental units: 60 (Apartments by Marriott)

▪ Automated parking

▪ Rooftop open space/ recreation for parties and events: 48,410 SF

▪ Commercial/restaurant: 4,000 SF

▪ Indoor event space: 14,196 SF

▪ 7th level pool; and rooftop pool featuring a restaurant/bar

Boat Storage Facility

▪ 300 dry slips in all automated storage building

Marina

▪ Public marina with 125+ slips

▪ Renovated and expanded to accommodate boats up to 100 ft

▪ Boat ramp parking for daily boat use

▪ An offsite parking lot will be purchased or leased for boat trailer and additional staff parking

▪ Public boat launch

▪ Transient boat slips Restaurant

▪ Restaurant space on three levels: 16,000 SF

▪ Outdoor seating: 3,500 SF

▪ Retail: 5,000 SF

▪ Office: 5,000 SF

CONDOMINIUMS

Distinctive characteristics epitomize a Forest Development luxury condominium high-rise or boutique building - water views, resort-style amenities and an unparalleled living experience that blends sophistication with comfort, designed for those who seek the ultimate in modern luxury.

Picturesque views: The Intracoastal Waterway, Atlantic Ocean, and marinas provide a serene backdrop to the residences.

Spacious and Elegant Interiors: Each residence is thoughtfully designed with open floor plans, high ceilings, and premium finishes. Penthouses feature private rooftop terraces, plunge pools, and summer kitchens.

Exclusive Amenities: Residents have access to an array of amenities including resort and rooftop pools, spa and fitness, club room and lounge, putting green, screening theater, bowling, billiards and cards, concierge services, valet parking, and 24-hour security.

In Development

Nautilus 220

Lake Park, FL

Oculina

Riviera Beach, FL Spire

Lake Park, FL

Condominiums at Gulf Gateway Cape Coral, FL

Nautilus 220 is a luxury development alongside the Lake Park Harbor Marina and features waterfront condominiums in two 24-story towers, restaurants, retail and office. Completion is anticipated for early 2025.

Premium two- and three-bedroom floor plans of 1,500 to 3,400 sq. ft. await from $1.6M to $4M+ and are 85%+ sold.

Amenities: one-acre outdoor deck with resort style pool, resident pavilion, rooftop lap pool, wellness plaza, clubroom, bowling, billiards, kid and teen rooms, multi-sport simulator,theater, putting green, off leash dog run.

Everything you need in one place, resort-style living perfected.

LOCATION: LAKE PARK / PALM BEACH COUNTY / FLORIDA

Features

▪ Mixed-Use

▪ Condominiums: 330

▪ Restaurant: SeaHawk Prime by David Burke

▪ Restaurant + Entertainment: The 19th Hole featuring Topgolf Swing Suite

▪ Retail: Café

▪ Retail: Wellness Concept

▪ Office: Forest Development Corporate Headquarters

▪ Office: Oculus Realty

Oculina is a proposed luxury mixed-use development for the southeast corner of US1 and Silver Beach Road. The 25-story, 300-ft, 2 tower project is currently in the entitlement process with the City of Rivera Beach, Florida.

Reimagine Riviera Beach

LOCATION: RIVIERA BEACH / PALM BEACH COUNTY / FLORIDA

Features

▪ 399 residential condominiums in two towers based on a 7th level podium

▪ Retail: Three space offerings

▪ Restaurant: Two space offerings

▪ Office: 11,000 SF of space

▪ Self and valet parking with EV charging and automated parking options

▪ Podium level resort amenity deck with marina, Intracoastal and Atlantic Ocean views

▪ Integration with the Lake Park Marina Waterfront District

LOCATION: LAKE PARK / PALM BEACH COUNTY / FLORIDA

SPIRE

Spire is a proposed boutique waterfront condominium building in the Lake Park Marina Waterfront District.

The luxury residences span 3,200 to 3.600 sq. ft. and have three bedrooms plus a den. The direct east facing Atlantic Ocean view terrace features a summer kitchen and plunge pool.

Amenities include a pool, summer kitchen and grilling terrace, game room, library, cocktail lounge, club room, business center, fitness center, spin and pilates studios, spa, reflecting pool and yoga lawn.

Features

Overall

▪ Height: 255'

▪ Floors: 21

▪ Total gross building area: 367,906 SF

▪ 7-story podium

▪ 13 residence levels

▪ Pool deck and amenities - indoor and outdoor - entire level 7

Units

▪ Size: 3,200 SF and 3,600 SF

▪ Tower: 48

▪ Penthouse: 4, each with a private rooftop amenity level

Parking

▪ 253 spaces (5.27 parking ratio)

LOCATION: CAPE CORAL / SOUTHWEST FLORIDA

CONDOMINIUMS AT GULF GATEWAY

The Condominiums at Gulf Gateway is a luxury waterfront community within the proposed Gulf Gateway Resort & Marina Village development. The project is currently in the entitlement process with the City of Cape Coral, FL.

Features

▪ Buildings: Two on individual islands

▪ Condominiums: 300

▪ Floor plans: Two and three bedroom, average of 2,300 SF

▪ Penthouses with private roof terraces

MULTIFAMILY

Luxury apartment communities by Forest Development offer residents a blend of upscale living and amenities in carefully designed environments that exude sophistication and comfort.

A mix of high-rise towers and mid-rise buildings feature thoughtfully designed interiors with spacious, open floor plans that maximize natural light and flow, an array of amenities, and beautifully landscaped grounds, providing lifestyle value to our residents.

Commitment to quality extends to every aspect of our highend multifamily developments with desirable locations close to shopping, dining, and workplaces, ensuring a sound investment in both lifestyle and property value.

In Development

The Residences at 10th & Park

Lake Park, FL Sola Lake Park, FL

Apartments at Gulf Gateway Cape Coral, FL

The Residences at 10th & Park is a transformative mixed-use development for the Park Avenue Downtown District in the Town of Lake Park. Forest Development envisions a new luxury apartment community with retail and a restaurant. The project is currently in the entitlement process in the Town of Lake Park, FL.

Transformative Development for Downtown Lake Park

LOCATION: LAKE PARK / PALM BEACH COUNTY / FLORIDA

Features:

▪ 12 story residential towers atop a 4-story parking deck

▪ Apartments: 595

▪ Amenities: Elevated exterior amenity deck with pool and lounge area, outdoor terrace, fitness center

▪ Restaurant: One space offering with outdoor Seating, corner of 10th & Park Avenue

▪ Retail: Three space offerings along 10th Street

▪ Public parking

LOCATION: LAKE PARK / PALM BEACH COUNTY / FLORIDA

SOLA

Sola is a proposed apartment building on US 1 across from the Lake Park Marina Waterfront District. The project is in the entitlement process with the Town of Lake Park, FL.

Features

▪ Site Area: 1.3 Acres

▪ Negotiating to acquire adjacent parcels

▪ Currently planned as a 5-story residential-for rent building over a 4 story podium (includes 3 story height bonus). Additional height may be achievable

▪ Gross Building Area: 135,314 SF

▪ Retail: 5,842 SF

▪ Leasing/Admin: 7,521 SF

▪ Net Residential Area (80%): 94,321 SF

▪ Parking: 225 spaces

▪ Total current units without height increase: 102, with an average unit size of 950 SF

▪ Currently working with the city to achieve an increase in density allowing for 150 units

LOCATION: CAPE CORAL / SOUTHWEST FLORIDA

APARTMENTS AT GULF GATEWAY

The Apartments at Gulf Gateway is a unique luxury waterfront community within the proposed Gulf Gateway Resort & Marina Village development. The project is currently in the entitlement process with the City of Cape Coral, FL.

Features

▪ Buildings: Three on individual islands

▪ Apartments: 620

▪ Size: average of 1,056 SF

▪ Amenities: each building has a resort style pool and spa, outdoor BBQ area, tennis and pickleball courts

HOSPITALITY

Creating environments to enhance the overall experience is the focus of the Forest Development hospitality market. By curating partnerships and aligning with known brands, the team blends design, functionality, and service excellence for hotels, resort lagoons, event and meeting space. Integrating elements of this sector into various projects on the east and west coasts of Florida will cater to relaxation, entertainment, and business needs of residents and visitors.

In Development

Hotels: Lake Park and Cape Coral, FL

Resort Lagoon: Cape Coral, FL Meeting, Conference and Event Space: Lake Park and Cape Coral, FL

RESTAURANTS & RETAIL

Forest Development selects established and celebrated partners for its mixed-use projects. Providing essential services and goods significantly influences the success and value of the developments. An elevated caliber of restaurants and retail are integral to the process and add value, attract visitors, and contribute to a vibrant community atmosphere.