Dacra Company Profile

Background

Founded in 1987 by Miami native Craig Robins, Dacra is a real estate development company renowned for its innovative approach to creating commercial, residential, and mixed-use communities. The company's mission is to develop communities that integrate culture, commerce, design, and technology, thereby transforming urban landscapes and enhancing economic vitality. Dacra has played a pivotal role in Miami's evolution into a global city through projects characterized by bold architecture, sophisticated urban planning, and creative collaboration.

Key Strategic Focus

Dacra's strategic focus centers on revitalizing and developing urban neighborhoods by blending cultural enrichment with commercial success. The company specializes in creating environments where art, design, and architecture converge to foster vibrant communities. Key technologies utilized include sustainable building practices and innovative urban planning methodologies. Dacra primarily targets markets in Miami and Miami Beach, aiming to transform underutilized areas into thriving cultural and commercial hubs.

Financials and Funding

As a privately held company, Dacra does not publicly disclose detailed financial information. However, the company's substantial portfolio, including over 2 million square feet of developed projects, indicates significant financial resources and successful funding strategies. Notable partnerships, such as the collaboration with L Catterton Real Estate and Brookfield Properties Retail Group, suggest a strong financial foundation and strategic investment approach.

Pipeline Development

Dacra's current development pipeline includes the ongoing expansion of the Miami Design District, an 18-square block neighborhood dedicated to fashion, design, and art. The fourth phase of this project aims to add an additional million square feet, further enhancing the district's status as a global destination. Additionally, Dacra has announced a collaboration with Brookfield Asset Management and Tesla Energy to create SunHouse at Easton Park in Austin, Texas, envisioned as the United States' most sustainable residential community.

Technological Platform and Innovation

Dacra distinguishes itself through the integration of innovative design and sustainable technologies in its developments. The company's proprietary approach involves:

• Sustainable Building Practices: Implementing LEED-certified designs, as exemplified by the Miami Design District, the first LEED-certified Gold Built Version 4 Neighborhood globally.

• Creative Collaborations: Partnering with renowned architects, designers, and artists to create unique urban environments that blend culture and commerce.

• Technological Integration: Collaborating with companies like Tesla Energy to incorporate cutting-edge sustainable technologies into residential communities.

Leadership Team

Dacra's leadership team comprises experienced professionals dedicated to the company's mission:

• Craig Robins: Chief Executive Officer & President. An entrepreneur and art collector, Robins founded Dacra in 1987 and has been instrumental in Miami's urban transformation. He is also a co-founder of Design Miami/ and serves on the Board of Trustees of the Perez Art Museum Miami.

• Steven Gretenstein: Executive Vice President & Chief Financial Officer. Gretenstein oversees Dacra's financial operations and strategic partnerships.

• Alex Schapiro: Chief Operating Officer. Schapiro manages the company's day-to-day operations, ensuring alignment with strategic objectives.

• David Holtzman: Chief Development Officer. Holtzman leads Dacra's development projects, focusing on innovative urban planning and design.

• Christian Ramirez: Chief Accounting Officer. Ramirez is responsible for overseeing the company's accounting functions and financial reporting.

• Anna Williams: Vice President of Marketing. Williams directs marketing strategies to promote Dacra's projects and brand identity.

• Chad Williard: General Counsel. Williard manages legal affairs, ensuring compliance and mitigating risks.

• Jon Levin: Corporate Controller. Levin oversees financial controls and reporting processes.

• Maria Ruiz: Director of Community Relations. Ruiz fosters relationships with community stakeholders and manages public relations initiatives.

• Karen Grimson: Curator, Craig Robins Collection & Director of Cultural Programming. Grimson curates art collections and oversees cultural programming within Dacra's developments.

• Aileen Garcia: Vice President of Human Resources. Garcia manages HR functions, focusing on talent acquisition and organizational development.

Leadership Changes

As of the latest available information, there have been no recent significant changes or appointments within Dacra's leadership team.

Competitor Profile

Market Insights and Dynamics

The real estate development industry, particularly in urban revitalization and mixed-use projects, is highly competitive. Market dynamics are influenced by factors such as economic conditions, consumer preferences for integrated living spaces, and the demand for sustainable and culturally rich environments.