With its headquarters in Miami, Florida, MDM Group USA was founded by Ricardo Glas and Luis Pulenta in 1990. Ricardo Glas obtained a degree in Law at the University of Buenos Aires in Argentina and his Masters in Comparative Law from the University of Miami School of Law here in Miami. Luis Pulenta obtained his degree in Industrial Engineering at the University of Buenos Aires in Argentina and a MBA at the IESE School of Business in Barcelona, Spain.
Beginning with the purchase of the Dadeland Executive Center in south Miami-Dade county, MDM subsequently bought the Datran I and II office complex, which features over 200,000 square feet of space in each (I and II). They then entered the hospitality market in 1990 with the acquisition of the Miami Marriott Dadeland. Subsequent to this, the group, in 2004, developed the Courtyard by Marriott Dadeland. These transactions stimulated an overall transformation of the neighborhood they were located in to a vibrant center of retail, business, and hospitality. Similar to this, MDM’s development of the Barclay’s Financial Center and JW Marriott Hotel Miami in 1998 acted as a stimulus for a record setting decade of development in the downtown Brickell Corridor or Miami. Of late, MDM has been a leader in the development of the downton central business district of Miami with an unprecedented $1 billion mixed use project, Metropolitan Miami. Beginning with the Met 1 condominium project opening in 2008, development was been completed in 2010 on the Met 2 – JW Marriott Marquis Miami and Wells Fargo Office Center and, in 2015, on the Whole Foods Market as part of Met 3. The last phase of Metropolitan Miami, Met Square, is now under development. This multi-use complex is going to feature restaurants, luxury high end movie theaters, retail outlets and high-end residential units.
Location of MDM Development Group Headquarters: