Phillips Development & Realty, LLC (PDR) is a full spectrum real estate development company headquartered in Tampa, FL. PDR chooses projects with the interest of communities, the environment, and investors in mind. PDR is an established leader in the multifamily and storage development industry, building and managing innovative and progressive projects throughout the Southern United States.
Planning upscale residential and mixed-use developments, our team is experienced with urban infill and strives to help communities grow consistently with strategic plans. We responsibly develop sustainable multifamily projects which minimize environmental impact while enhancing function, livability, technology, and aesthetic design.
PDR selects desirable, often challenging project sites, resulting in superior return on investment. Our highly skilled team identifies locations in distinctive top markets with promising characteristics. We take pride in learning about each community in which we build, adding to ultimate product value and fulfillment.
Award winning and recognized in all facets of the real estate and development industry, PDR is committed to consistently exceeding industry standards. We are dedicated to providing unparalleled quality, service, and satisfaction to residents and investors alike.
The foundation of the company started in 1986 in North Carolina as Don Phillips was working for Hock Development focusing on office and medical facilities. In 1994, Phillips left Hock Development to start his own company. His first major transaction was developing a $10.6 million dollar multi-purpose indoor sports complex. In the succeeding five years, he developed various commercial and residential projects until formally organizing Phillips Development & Realty (PDR) in 1999 to focus exclusively on the multifamily niche. Among its credits, PDR has been recognized for championing properties that many would overlook due to site challenges. In 2003, the company relocated its Corporate Headquarters to Tampa, FL while maintaining satellite offices in North Carolina. The company continued to grow, and in 2008 PDR was named 11th largest multifamily builder in the US. PDR has continued to thrive in some of the toughest real estate markets experienced in history. PDR employs the most current and advanced systems to ensure a seamless transition of each development from initial site selection to stabilization. Through the planning of upscale residential and mixed-use developments, PDR helps communities grow wisely. With $700M in development completed to date, PDR is diversified with proven expertise in acquisition, finance, development, construction, construction management, product supply, and property management.
2025 Swift Commons Ln, Cary, NC 27513
12 Davis Dr, Research Triangle Park, NC 27709
655 W Mallard Creek Church Rd, Charlotte, NC 28262
275 Bayshore Blvd, Tampa, FL 33606
2025 Swift Commons Ln, Cary, NC 27513
100 Matador Ln, Charlotte, NC 28209
6601 S West Shore Blvd, Tampa, FL 33616
5927 Almeda Rd, Houston, TX 77004
2223 N West Shore Blvd, Tampa, FL 33607
4700 Ridge Rd, McKinney, TX 75070
3514 Chiquita Boulevard, Cape Coral, FL 33914
State Road 54 and The Suncoast Parkway, Lutz, FL
1421 Baseline Road, Charlotte, NC 28262
1710 Villa Capri Cir, Odessa, FL 33556
800 Churchill Downs Dr, Aberdeen, NC 28315
Ashford Park Dr, Raleigh, NC 27613
2080 Brentmoor Dr, Raleigh, NC 27604
218 W Morgan St, Durham, NC 27701
101 Meadowlands Dr, Hillsborough, NC 27278
34th Ave S St. Petersburg, FL 33711
7620 ACC Blvd Raleigh, NC 27617
1400 Channelside Dr Tampa, FL 33602
9527 Delaney Creek Boulevard, Tampa, FL 33619
1840 Ripple Way, Charlotte, NC 28262
