About the Developer
Mr. Armando Codina
Armando Codina is chairman and Chief Executive Officer of Codina Partners, LLC, a real estate investment and development firm based in Coral Gables, Florida. Mr. Codina formed Codina Partners in 2009 and through this entity and its affiliates is engaged in multiple real estate development and investment activities. The firm’s portfolio includes mixed-used projects, commercial buildings and other investments primarily in Florida.
Previously Mr. Codina served as chairman of Flagler, a full-service commercial real estate firm headquartered in Coral Gables, Florida. The company’s portfolio spanned more than 12 million square feet of Class-A office and industrial space throughout Florida. He continued to serve as the non-executive chairman of Flagler until December 31, 2010.
Prior to that Mr. Codina served as chairman and CEO of Codina Group, a South Florida-based commercial real estate firm, which he founded in 1979. Under his leadership the firm grew to be Florida’s largest privately-held real estate company. In 2006, Mr. Codina merged his firm with Flagler Development Group, part of Florida East Coast Industries, Inc. (FECI). In July 2007, FECI was sold to Fortress Investment Group.
Before establishing Codina Group, Mr. Codina served as president of Professional Automated Services, Inc. (P.A.S.), a firm created in 1970 to provide data processing services to physicians. As a result of the firm’s success, Mr. Codina is recognized as a pioneer in the development of comprehensive medical management systems, including processing, accounts receivable, management reporting and multiple financial services.
Mr. Codina currently serves on the board of directors of American Airline’s parent, AMR Corporation where he serves in the capacity of Lead Director and also serves on the board of The Home Depot.
In addition, Mr. Codina serves on a number of professional, civic, and educational organizations, including Chairman Emeritus of Florida International University; co-founder Community Partnership for the Homeless; and a member of the Florida Council of 100, among others.
Over the past 15 years, Mr. Codina has been recognized with numerous awards and honors. A few highlights include the University of Florida Bergstrom Center Hall of Fame Award; ‘Free Enterpriser of the Year’ by the Florida Council on Economic Education; ‘Developer of the Year’ by the National Association of Industrial and Office Properties (NAIOP); ‘Office Developer of the Year,’ ‘Shopping Center Developer of the Year,’ and ‘Entrepreneur of the Year’ by the Wharton School; the Building Association of South Florida’s Hall of Fame; the Charles Whited ‘Spirit of Excellence Award’ from Knight Ridder Newspapers; the Hispanic Entrepreneur Award from NCNB National Bank, today known as Bank of America; ‘Humanitarian of the Year’ award from the American Red Cross; ‘Sand In My Shoes’ lifetime achievement award from the Greater Miami Chamber of Commerce; and the Merage Foundation’s ‘National Leadership’ award, which recognizes leaders whose journeys to the United States as immigrants have made a positive impact on the quality of life for all Americans
Mr. James M. Carr
In 1976, James Carr founded Westbrooke Communities, Inc., a land development and residential home building company which quickly catapulted into the ranks of the state’s largest and most respected builders, with more than 15,000 homes constructed throughout South Florida.
In its first year of operation, Westbrooke built 101 homes. Subsequently, the company he founded built in excess of 1,000 homes per year.
In 1998, Carr sold Westbrooke Communities, Inc. to Pacific USA Holdings, Corp. a Texas-based company engaged in financial services, real estate activities, technology and investment banking. He continued to serve as President and CEO until 2001.
In 2001 he formed Carr Residential I, LLC with the purpose of developing specific in-fill locations and multi-family communities throughout South Florida. Among his completed projects are: Hampton Isles, a 229-unit townhome community in Pembroke Pines; The Villas at Harbor Isles, a 429-unit townhome project in Dania Beach; and Cocoplum, a 57-unit townhome community in Dania Beach. Current projects include, Aqua Isles, Siena, and Pembroke Cay, all town-home villa communities located throughout South Broward, and Treo, a 131-unit project in Miramar, being built as a rental community.
In 2008, Carr founded CC Devco, LLC, a partnership with Armando Codina. CC Devco was formed with the purpose of purchasing and developing large tracts throughout Florida. Current projects include Monterra, 525-acres in Cooper City (the largest undeveloped parcel in Broward County); Foxcroft, 620 homes in Miramar; and Yellow Bluff, 680 homes in Jacksonville.
An active member of the South Florida community, Carr is involved with Baptist Heath South Florida (BHSF), and has been extremely active over the past 20 years. Currently he is on the Board of Trustees, serves as a member of the Executive Committee of the Board, is Chairman of Baptist Health Enterprises (the for-profit subsidiary), Chairs the Board’s Investment committee and is a member of the Finance, Facilities, and Compensation committees. He also serves as a Director of Doctor’s Hospital.
Carr is past president of the Builders Association of South Florida (1986) and a recipient of numerous industry-related awards.