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R. Donahue Peebles

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R. Donahue Peebles
NameR. Donahue Peebles
Birth date2 March 1960
Birth placeWashington, D.C., U.S.
OccupationReal estate developer, author
SpouseKatrina Peebles
EducationUniversity of the District of Columbia

R. Donahue Peebles is an American real estate developer, author, and political figure known for building one of the largest African American-owned real estate development companies in the United States. His career is distinguished by pioneering high-profile projects in markets like Miami Beach, Washington, D.C., and New York City, often focusing on historic renovations and public-private partnerships. Peebles is also recognized for his political activism, having served in government roles and been a vocal advocate for minority business enterprise.

Early life and education

Born in Washington, D.C., Peebles was raised by his mother in the city's Congress Heights neighborhood. His early exposure to business came from working at his mother's hair salon and a local drugstore. He attended McKinley Technology High School before enrolling at the University of the District of Columbia, though he left before graduating to pursue entrepreneurial opportunities. His initial foray into professional life included obtaining a real estate license and working as a property tax consultant, which provided foundational knowledge of real estate law and commercial property valuation.

Career

Peebles began his career in the public sector, appointed by Mayor Marion Barry to the District of Columbia Board of Equalization and Review, which adjudicated property tax assessments. He later founded the Peebles Corporation in 1983, initially focusing on tax consulting. His breakthrough into large-scale development came in the 1990s when he won the bid to redevelop the historic Royal Palm Hotel in Miami Beach, a project that transformed the neglected property into the successful Royal Palm Crowne Plaza Resort. This established his reputation for revitalizing significant properties in prime locations, leading to subsequent major ventures in Coral Gables, Las Vegas, and San Francisco.

Business ventures

The Peebles Corporation's portfolio includes landmark projects such as the Residences at the Bath Club in Miami Beach and the redevelopment of the Congressional Hotel on Capitol Hill. In New York City, the firm is developing a mixed-use project at 110 Livingston Street in Downtown Brooklyn. A notable achievement is the development of the Miami Worldcenter, one of the largest mixed-use projects in the United States. Peebles has also been involved in ventures like the proposed redevelopment of the Los Angeles Convention Center and has authored books on business, including *The Peebles Principles* and *The Peebles Path to Real Estate Wealth*.

Political involvement

Peebles has been active in the Democratic Party and served as the National Finance Chair for the Democratic National Committee under Chairman Terry McAuliffe. He was a candidate for Mayor of the District of Columbia in the 2018 election, finishing third in the Democratic primary. His political engagement often focuses on economic policy, minority business development, and urban revitalization. Peebles has also been a member of the U.S. Department of Commerce's National Advisory Council on Minority Business Enterprise and has advised presidential campaigns, including those of Barack Obama and Hillary Clinton.

Personal life

Peebles is married to Katrina Peebles, and the couple has three children. The family maintains residences in Miami Beach, Washington, D.C., and New York City. He is known for his philanthropic efforts, particularly supporting educational and entrepreneurial initiatives in underserved communities. Peebles serves on the board of trustees for the University of Miami and is involved with organizations like the National Association of Real Estate Brokers and the Miami-Dade County Chamber of Commerce.

Awards and recognition

Peebles has received numerous accolades, including being named one of the "100 Most Influential Black Americans" by *Ebony* magazine. He has been honored with the Horatio Alger Award and the Ernst & Young Entrepreneur of the Year Award. His company's projects have earned awards from the Urban Land Institute and the National Trust for Historic Preservation. In 2020, he was inducted into the American Academy of Arts and Sciences for his contributions to business and civic life.

Category:American real estate developers Category:African-American businesspeople Category:1960 births Category:Living people