Procacci Development Corporation was founded more than thirty years ago by Philip J. Procacci with his father, Pasquale Procacci. From its inception, the Company has specialized in numerous segments of real estate, initially constructing single family homes, repositioning neighborhood shopping centers, renovating and repurposing buildings and ultimately diversifying into the development of cutting-edge Class "A" office buildings. Over the years, the Procacci portfolio has ranged from 100,000 square feet to more than one million square feet.
In 1991, Procacci pre-leased an entire office building the Company was developing in Miami, Florida to the State of Florida Department of Children and Families. Recognizing that the rapidly growing population of the Sunshine State would result in an increased need for office space across all agencies of State government, Procacci continued to successfully respond to the unique lease requirements of the State. By the Year 2000, Procacci Development Corporation ranked among the largest private office space providers to the State of Florida. Concurrently, throughout this period, Procacci leased a significant amount of space to various County agencies around the State.
In 2002, Procacci Development Corporation completed the wholesale renovation of a former furniture warehouse into a 90,000 square foot office building in Plantation, Florida to the exacting specifications of a multi-agency law enforcement task force. Based on the successful execution of that project, Procacci was awarded a commission by the U.S. General Services Administration to construct a similar building in the Airport West submarket of Miami, on land Procacci had purchased within the Dolphin Commerce Center located immediately north of the Dolphin Mall near the interchange of Florida’s Turnpike and The Dolphin Expressway (S.R. 836). This project completed in 2004 for the GSA was once again, a successful and timely build-out resulting in additional commissions.
By year-end 2008 Procacci Development Corporation had developed four additional buildings within its Crossroads at Dolphin Commerce Center campus comprising more than 440,000 square feet, all multi-tenanted, including leases with agencies of the Federal Government.
The Company continues to develop office projects targeted for lease to the private sector. In response to the unusually severe hurricane seasons of 2004 and 2005, Procacci began incorporating the "Built Procacci Strong" concept into its new office buildings. These Class "A" buildings are constructed to withstand the onslaught from Category 5 storms and their aftermath with no disruption to tenants’ business operations. In 2007, Procacci opened two 70,262 square foot, four story Class "A" hurricane resistant office buildings within the Emerald View at Vista Center campus. Constructed on a site directly adjacent to the striking landscape of the Emerald Dunes golf course and strategically located at the Okeechobee Road interchange of Florida’s Turnpike in West Palm Beach, this project has been truly successful by securing leases with such notable tenants as the corporate headquarters of Oasis Outsourcing, the regional office of Wells Fargo Insurance Services Southeast, State Farm Mutual Automobile Insurance Company, Royal Bank of Canada, Humana and The Scotts Company, to name a few.
In 2008, the first two of four "Built Procacci Strong" Class "A" office buildings opened within the Crossroads at Dolphin Commerce Center in Miami. In addition to leases secured with the General Services Administration, they are leased to private sector tenants including the CarePlus division of Humana and the University of Phoenix, Strayer University, Banco Santander International and Espirito Santo Bank.
As an industry leader in trend setting commercial real estate development strategies, Procacci Development Corporation will continue to develop cutting-edge projects addressing the needs of its prospective clients throughout Florida and in areas prone to extreme weather conditions. Our ability to stay flexible and evolve with the requirements of our clients gives the Company the opportunity to provide tangible solutions to business problems and validates our reputation as one of the most progressive developers in South Florida.
