MASTER DEVELOPMENT, INC (“MASDEV”) is a South Florida based retail development company. MASDEV, through affiliated limited liability companies, acquires designs and develops or redevelops individual retail projects. MASDEV seeks to acquire “in-fill” development land parcels to meet the needs of the national retailers with which MASDEV has continuing relationships. MASDEV’s focus is to acquire vacant land in southeastern Florida.
MASDEV’s business plan contemplates co-developing properties with other retail developers which have existing development, leasing and property management infrastructures. MASDEV will be responsible for acquiring the respective properties, creating a development or redevelopment plan, designing the site plan and elevations for the project, obtaining the necessary entitlements from the local governmental agencies and finding anchor tenants for the development or redevelopment.