Kevin Davenport, former senior vice president of development at Swire Properties, is joining MAG Partners to lead the company’s expansion in South Florida. MAG Partners, a Manhattan-based firm, has named Davenport as its senior vice president and head of development for the region.
Davenport’s new role is part of MAG Partners’ efforts to establish a presence in South Florida, with the company looking to lease office space in Downtown Miami. According to a LinkedIn post, MAG Partners is drawn to Miami’s growth into a global city, with the capital, talent, and demand to support large, complex mixed-use projects.
MAG Partners is known for designing, building, and operating over 16 million square feet of office, residential, and mixed-use projects, with a total value of over $10 billion. The company’s founder, MaryAnne Gilmartin, has a background in developing large-scale projects, including the Barclays Center basketball arena.
Davenport brings a wealth of experience to his new role, having led the development of several high-profile projects, including the 2.7 million square foot Residences at Mandarin Oriental, Miami. He also led the predevelopment of Swire’s planned 1.7 million square foot One Brickell City Centre office project before it was canceled.
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As MAG Partners expands into South Florida, it is likely to face competition from other New York-based companies that have already established a presence in the region. However, with Davenport at the helm, the company is well-positioned to make a significant impact in the market.
Davenport’s appointment is a significant step for MAG Partners, which is now developing 122 Varick St. in Hudson Square with Global Holdings. The company’s expansion into South Florida marks a new chapter in its growth, and Davenport’s experience and expertise will play a key role in driving this effort forward.
MAG Partners’ move into South Florida is part of a larger trend of New York-based companies expanding into the region. As South Florida continues to grow in popularity, drawing the ultra-wealthy and their companies, it is likely that more companies will follow MAG Partners’ lead and establish a presence in the area. They are attracted to the region’s growing economy and the opportunities it presents for businesses to thrive.
