Real Estate Development

real estate development

We invest in long-term value that enhances communities by owning and operating a portfolio of properties which bridge four major real estate sectors: hospitality, single-family, multifamily and land development.

Real Estate Development

In real estate, Carnegie Development operates in collaboration with JMJ Development. Under the leadership of chairman and CEO Tim Barton, a well established real estate entrepreneur, JMJ Development has executed projects worth more than $2.5 billion in the four real estate sectors identified above. Carnegie Development and JMJ Development currently collaborate on 11 investment projects.

With a track record of developing, redeveloping and acquiring real estate in some of the most promising U.S. markets, we’re able to deliver risk-adjusted returns to shareholders. We’ve firmly established a leadership position embedded in building value for the long-term through both our vision and experience.

international development experience

Rosewood Mayakoba

Riviera Maya, Mexico

2 Villas and 128 Hotel Rooms

Cabo Pacifica

Cabo, Mexico

1,200 acres Resort Destination

Las Ventanas Al Paraiso

Cabo, Mexico

71 unit Luxury Hotel, 12 acres Resort

u.s. development experience

Fairways of Cedar Creek

San Antonio, Texas

80 Townhomes 500 Multifamily

The Ascent Residence

Avon, Colorado

Luxury Condominiums, 132,000 sq. ft.

Overlook at Allensville, Phase II

Sevierville, Tennessee

Multifamily, 144 units

Biltmore Ridges

Nashville, Tennessee

Mixed Use, 2,000 acres

Frisco Bridges

Frisco, Texas

Mixed Use, 751 acres

West World Development

Palm Springs, California

Mixed Use, 460 acres