Headquartered in Miami, Florida, MDM Group USA was founded in 1990 by Ricardo Glas and Luis Pulenta. Mr. Glas obtained his degree in Law at the University of Buenos Aires, Argentina and his Masters in Comparative Law from the University of Miami School of Law. Mr. Pulenta obtained a degree in Industrial Engineering at the University of Buenos Aires and a Masters of Business Administration at the IESE School of Business in Barcelona. Beginning with the acquisition of the Dadeland Executive Center in south Miami-Dade county, the group subsequently bought the Datran I and II office complex’s featuring over 200,000 square feet of space in each. The group entered the hospitality market with the acquisition of the Miami Marriott Dadeland in 1990. Subsequently the group developed the Courtyard by Marriott Dadeland in 2004 as part of this innovative complex. These transactions stimulated a transformation of the neighborhood they were located in to a vibrant business, retail and hospitality center. Similarly, the group’s development of the JW Marriott Hotel Miami and Barclay’s Financial Center in 1998 was the stimulus for a record setting decade of development in the Miami downtown Brickell Corridor.
Most recently, MDM has been a market leader in the development of the downtown Miami central business district with the unprecedented $1B mixed use project, Metropolitan Miami. Beginning with the opening of the Met 1 condominium project in 2008, development has been completed on the Met 2 - JW Marriott Marquis Miami and Wells Fargo Office Center in 2010 and the Whole Foods Market as part of Met 3 in 2015. The final phase of Metropolitan Miami, Met Square, is currently under development. This multi-use complex will feature luxury high end movie theatres, restaurants, retail outlets and luxury residential units.
As recognition of MDM’s innovation and continued influence in the market, Ricardo Glas and Luis Pulenta were honored with the Urban Land Institute’s Lifetime Achievement Award in 2015.
The company has assembled a talented management team with the demonstrated experience to develop, own and operate luxury hotels, office building and commercial mixed-use projects. MDM Group has consistently delivered high value development projects and management services that create superior business performance. Known for innovation and cutting edge projects which transform neighborhoods and are a catalyst for economic growth, the company assets have consistently outperformed the competitive market.
The company’s strength lies in the collective expertise, knowledge and dedication of its executive team. Our vision is to provide fresh, original ideas and concepts to create a product specifically designed and operated in its location and market place. The executive team enables the company to provide critical expertise in all phases of property development and asset management. We are at the forefront of the industry and possess a proven understanding of each assets market. The team is constantly monitoring emerging trends and adapting its products and marketing accordingly.