Urban Development LLC

What Urban Development LLC does

Urban Development LLC is a privately held, family-owned real estate development firm headquartered in Coral Gables, Florida, operating across South Florida, the Caribbean, and Latin America. The firm is controlled by the third generation of the Cacciamani family and is led by three Managing Partners — Luciano Cacciamani (development and construction), Andres Cacciamani (logistics and project management, BS Industrial and Operational Engineering from the University of Michigan), and Alex Cacciamani (finance and investor relations, MBA from the University of Miami). The company employs 23 people and pursues a vertically integrated model organized around six service pillars: Ground-Up Development, Investment Analysis, Land Acquisition, Construction Management, Asset Management, and International Projects.

The firm's core product is luxury residential real estate, including custom single-family homes, gated communities, townhome developments, and a luxury condominium tower, with completed projects across Pinecrest, Coconut Grove, Coral Gables, Aventura, Miami Beach, Ponce-Davis, and Bay Point. Recent and in-progress projects span homes sold in the $3.7M–$9.1M range, plus a 110,000 sq ft ground-up self-storage development in Fort Lauderdale approved in January 2025, marking the firm's first commercial asset class. The company leverages a recurring architect ecosystem (CMA Studio, IG Group, Ralph Puig) and best-in-class general contractors, with Tomas Hoffmann of eXp Realty serving as channel partner for end-buyer sales. There is no proprietary technology platform.

The business model is project-based and relationship-driven. Urban Development LLC generates revenue primarily through ground-up development, acquiring land, managing construction, and selling completed properties (one-time revenue realization at sale), with select assets held for post-stabilization asset management. Capital and demand come from three primary customer segments: family offices, private investors (high-net-worth individuals), and institutional partners. Go-to-market is direct and relationship-based: principals engage partners via direct outreach and a website contact form, with no retail or intermediary channels. Pricing is individually quoted per project and not publicly disclosed.

Name

Urban Development LLC

Legal name

Urban Development LLC

Website

https://urbandevllc.com

Company type

Private

Founded year

1986

Operating status

Operating

Headcount range

11–50 employees

Short description

Urban Development LLC is a family-owned, vertically integrated real estate developer led by third-generation principals in Coral Gables, building luxury residential and commercial properties across South Florida, the Caribbean, and Latin America for family offices, private investors, and institutional partners.

Ownership category

akta.pro rank

Product category

Luxury Real Estate Development

NAICS

New Housing For-Sale Builders (236117), Land Subdivision (23721), Commercial and Institutional Building Construction (236220)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Operative Builders (1531)

akta.pro primary industry

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

akta.pro secondary industry

Office & Corporate Building Construction (IMAFACAA)

Keywords

• Luxury real estate development
• Real estate development
• Construction management
• Asset management
• Commercial real estate

Headquarters

HQ city

Coral Gables

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Marketing or Sales, Others

Revenue model

1. Property Development and Sales: Urban Development LLC generates revenue through ground-up real estate development, acquiring land, managing construction, and selling completed properties. Revenue is realized upon sale of developed properties. The company also develops commercial assets like self-storage facilities.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Urban Development LLC is a vertically integrated real estate development firm that acquires land, manages construction through partner architects and general contractors, and sells or holds completed luxury residential and commercial properties. The firm offers end-to-end development services — from site acquisition, underwriting, and entitlement through construction management and post-stabilization asset management — for family offices, private investors, and institutional partners across South Florida, the Caribbean, and Latin America.

Product overview

Urban Development LLC is a vertically integrated real estate development firm operating across South Florida, the Caribbean, and Latin America. The company is organized around six core service pillars — Ground-Up Development, Investment Analysis, Land Acquisition, Construction Management, Asset Management, and International Projects — which collectively cover every phase from site acquisition through project delivery and asset management. The product portfolio comprises luxury residential developments (single-family custom homes in locations including Miami Beach, Pinecrest, Ponce-Davis, and Bay Point), residential communities (Pinecrest Gardens, Willow Point, DeGarmo Estates, Aventura Bay Townhomes), a luxury condominium tower (Segovia Tower), and a commercial self-storage development (FTL Self-Storage). The firm partners with architects such as Cesar Molina (CMA Studio), Pedro Infante (IG Group), and Ralph Puig, and employs technologies including Control 4 Smart Home automation and SmartHome technology in its residential projects. Completed projects are sold to buyers, while the firm also manages assets post-stabilization for its partners.

Differentiator

Problem solved

Functional benefit

Products and services

• Ground-Up Development End-to-end development leadership from entitlement and design through construction and delivery, partnering with best-in-class architects and general contractors for family offices, private investors, and institutional partners.
• Investment Analysis Risk-adjusted return analysis and underwriting for real estate projects, including stress-testing of assumptions and modeling of downside scenarios before capital is committed.
• Land Acquisition Off-market land sourcing across South Florida, the Caribbean, and Latin America, powered by multi-generational local relationships and submarket expertise.
• Construction Management Principal-led oversight of cost, schedule, and quality throughout the build, with full transparency and accountability from ground-break to delivery.
• Asset Management Post-stabilization value creation through operational efficiency, strategic capital improvements, and disciplined repositioning of real estate assets.
• International Projects Development services delivered by a bilingual team with established networks across the Caribbean and Latin America, bringing institutional rigor to markets where local knowledge is decisive.
• FTL Self-Storage A ground-up 110,000 sq ft modern self-storage development in Fort Lauderdale, Florida, expected to complete in 2025 with climate-controlled storage units.
• 7610 SW 48th Court A luxury residential property in Ponce-Davis, Miami, designed by Cesar Molina of CMA Studio, featuring 6 bedrooms, 6.5 bathrooms, Italkraft kitchen, Sub-Zero and Wolf appliances, resort-style pool, and 1,668 sq ft rooftop terrace. Sold for $5,000,000.
• 6301 SW 114th Street A two-story modernist home in Pinecrest designed by architect Ralph Puig, featuring 7 bedrooms, a gourmet Dada kitchen with Wolf gas stove, saltwater pool, private elevator, and 3-car garage. Sold for $3,725,000.
• 9236 SW 57th Avenue A contemporary luxury residence on a 1.29-acre lot in South Miami with approximately 10,700 sq ft, 7 bedrooms, 7 bathrooms, 28-foot ceilings, MiaCucina kitchen, heated infinity pool, spa, and separate guest house. Sold for $5,221,875.
• 11275 SW 64th Avenue A Plantation-style two-story home in Pinecrest with 7,600+ sq ft, 7 bedrooms, 8 bathrooms, and 2 half baths, featuring a Control 4 Smart Home automation system, infinity pool, tennis court, and 6-car garage. Sold for $4,250,000.
• 5995 SW 111th Street A luxury residential development in Pinecrest, designed by architect Pedro Infante of IG Group, completed in 2023. Sold for $9,125,000.
• 6250 SW 98th Street A luxury residential development in Pinecrest, developed in collaboration with architect Pedro Infante of IG Group, completed in 2023.
• 770 Lake Road A luxury waterfront residence in the guard-gated Bay Point community in Miami, designed by Cesar Molina, featuring 6,100 sq ft, 6 bedrooms, 7.5 bathrooms, 100 ft of Biscayne Bay views, and direct water access. Expected completion 2024.
• 5825 Alton Road A luxury contemporary private residence on a 0.9-acre lot in Miami Beach near La Gorce Country Club, featuring 22-foot ceilings, private elevator, MiaCucina kitchen, and SmartHome technology integration throughout. Approximately 3,559 sq ft.
• 3136 Prairie Avenue A luxury residential development on the premiere Miami Beach Golf Club, combining architectural distinction with a coveted location.
• Pinecrest Gardens A gated enclave of twelve Mediterranean-style residences in Pinecrest, developed in 1989, averaging 5,000 sq ft per home, with four canal-front lots and in-house architecture and construction.
• Willow Point An exclusive private community of six contemporary two-story homes in South Miami averaging 7,000 sq ft, developed in 1992 along a private road with landscaped rotundas.
• Pinecrest Estate An 8,051 sq ft two-story custom mansion on a 79,235 sq ft lot in Pinecrest, featuring 7 bedrooms and 5 bathrooms, developed in 1992.
• DeGarmo Estates A private gated enclave of ten luxury mansions in Coconut Grove built on the historic estate of Walter C. DeGarmo (Florida's first registered architect), featuring a restored 1920s Palladian Villa at the community's heart.
• Segovia Tower A 14-residence luxury Mediterranean Revival condominium tower in Coral Gables overlooking the Granada Golf Course, developed in 1999, with one 4,300 sq ft residence per floor.
• Aventura Bay Townhomes A 65-unit luxury townhome community on 4.5 acres in Aventura, Florida, developed in 2003, featuring six distinct three-bedroom models arranged around intimate courtyards, with clubhouse, pool, gym, and Jacuzzi.

Quantifiable outcome

• Completed residential projects sold for $3,725,000 to $9,125,000
• +4 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and supporting.

• Cesar Molina / CMA StudiocoreStrategic or Co-development PartnerArchitectural partner for luxury residential projects. Collaborated on multiple developments including 7610 SW 48th Court (Ponce-Davis) and 770 Lake Road (Bay Point). CMA Studio provides architectural design services for custom luxury residences.
• Pedro Infante / IG GroupcoreStrategic or Co-development PartnerArchitectural partner for luxury residential developments in Pinecrest. Collaborated on 6250 SW 98th Street and 5995 SW 111th Street projects. IG Group provides architectural design and coordination services.
• Ralph PuigcoreStrategic or Co-development PartnerArchitect for 6301 SW 114th Street modernist residence in Pinecrest. Provides custom architectural design services for luxury residential projects.
• Tomas Hoffmann / eXp RealtysupportingChannel Partner/ Reseller/ DistributorLicensed real estate broker with eXp Realty who brings deep market knowledge and an extensive network of high-net-worth buyers and sellers. Supports sales and marketing of developed properties to end buyers.
• Best-in-class General ContractorscoreStrategic or Co-development PartnerCompany partners with top general contractors for construction execution while maintaining development leadership and oversight with principals. Contractors are selected and managed to ensure full transparency and accountability from ground-break to delivery.

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Toll Brothers: National luxury homebuilder with a presence in South Florida. Comparable in luxury for-sale residential construction but operates at vastly greater scale with a public-company balance sheet, contrasting with Urban Development LLC's private, vertically integrated model.
• Lennar Corporation: One of the largest homebuilders in the United States with significant Florida operations. Comparable in for-sale residential construction in Florida but operates at much larger scale as a public company, serving broader market segments.

Direct peers

• Terra: Miami-based luxury residential and commercial developer with a track record of high-end condominium and master-planned community projects. Directly comparable in South Florida luxury development focus and relationship-based GTM with family offices and institutional capital.
• Fort Partners: Florida-focused luxury residential developer behind projects like Four Seasons Private Residences and The Surf Club. Comparable in ultra-luxury South Florida development, off-market sourcing, and relationship-based partnership model.
• Dezer Development: South Florida real estate developer with projects in Sunny Isles Beach and Miami including luxury condo towers and branded residences. Comparable in luxury South Florida residential focus.
• The Continuum Company: Miami-based luxury residential developer known for ultra-luxury condo projects including Continuum on South Beach. Comparable in luxury product positioning and South Florida focus.
• CMC Group: Miami-based real estate investment and development firm focused on luxury residential and mixed-use projects. Comparable in luxury South Florida development with relationship-driven partnership model.
• Property Markets Group: Miami-based real estate development and investment firm with luxury residential condo and rental projects across South Florida. Comparable in South Florida luxury development and institutional capital partnerships.
• Related Group: One of the largest luxury residential and condo developers in South Florida, with a portfolio spanning Miami, Fort Lauderdale, and beyond. Comparable to Urban Development LLC in luxury product focus and South Florida concentration, though at significantly larger scale.

Emerging players

• Aria Development Group: South Florida real estate development firm focused on luxury residential and condo projects in Miami. Comparable in luxury product positioning and South Florida geography, with a more focused emerging-player scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/urban-development-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Urban Development LLC