Royal American Development, Inc. is responsible for all elements of ownership and development of properties. Market identification and research culminating in selection of product type, style and mix through land acquisition, engineering and architectural designs and construction is supervised and coordinated by Royal American Development, Inc. During the past thirty-five years, more than 117 residential, rental communities have been developed by Royal American Development, Inc. One hundred ten (110) of these residential communities were developed utilizing governmental programs provided through the United States Department of Housing and Urban Development and/or the U.S. D.A. Rural Development. Ninety-four (94) of these developments, which include over 8,200 residential rental units, are located with the State of Florida. Forty-nine (49) were developed through the utilization of Low Income Housing Tax Credits as administered by the Alabama Housing Finance Authority, the Florida Housing Finance Corporation, the Georgia Department of Community Affairs and the North Carolina Housing Finance Agency. Royal American Development has also recently developed several single family subdivisions in Northern Florida (Piney Z Plantation, Tallahassee; Plantation at Heritage Oaks, Tallahassee; Reserve at Carpenters Creek, Pensacola; Summer Breeze, Panama City Beach; The Landings, and The Meadows/Pointe, Lynn Haven) that encompass over 1,350 single family lots as well as the development of a twenty-two (22) story high rise condominium know as Boardwalk Central.
Royal American Development remains as owner/general partner of 111 residential rental communities developed by Royal American. Prior to entering the conventional apartment field, Royal American devoted most of its effort to providing affordable housing in the States of Alabama, Florida, Georgia and North Carolina. Royal American has experience with virtually every major federal and state housing program utilized for the production of affordable housing during the past thirty-five years. Royal American remains committed to the concept of long term ownership thus insuring the highest quality of design, construction and management for all types of properties developed.
1002 West 23rd Street : Suite #400
Panama City, Florida 32405
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