FREC MEMBER / NEW YORK METRO / ATLANTA / SOUTHEAST

CMC Development Group

Since 2004, CMC Development Group LLC’s goal is to improve the economic and environmental conditions of emerging urban markets through the development, acquisition and management of affordable residential and commercial properties.

Founding MemberAffordable rental, supportive, condo, adaptive reuseNew York Metro / Atlanta / Southeast
Company Website ↗
Featured Projects1
Residential Units145
Gross SF0
Project Cost—

MEMBER PLATFORM

Development experience with a distinct operating edge.

Since 2004, CMC Development Group LLC’s goal is to improve the economic and environmental conditions of emerging urban markets through the development, acquisition and management of affordable residential and commercial properties.

The core of CMC’s business is developing and managing residential and commercial real estate in emerging urban markets in the New York City, Atlanta and Southeast region. Urban areas are increasingly recognized as having some of the strongest housing and retail markets with significant investment opportunity due to population density and significant demand for affordable quality housing.

CMC develops and manages workforce housing, supportive housings, condominium and commercial properties that focuses on solid economic return, affordability and green building sustainability. CMC is a NYS Certified MBE.

FEATURED DEVELOPMENTS

Projects from CMC Development Group.

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230 Classon Avenue | Brooklyn, NY
Development

Multifamily · Brooklyn, NY

230 Classon Avenue | Brooklyn, NY

145 units with 30% designated as affordable under the 421A program. The building is “green built” and includes a 5,000 sq. ft. plus community facility space for St. Mary’s Episcopal Church, 20,000 SF of tenant amenity space which includes fitness center, co-working lounge, and 17th Floor entertainment lounge. This high-end building also includes parking and on-site attendant services.

145 units
Retail SF20,000

⌖ 230 Classon Ave, Brooklyn, NY, 11205

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MEMBER TEAM

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Principal

SHAUN M. BELLE