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Ocean Land Investments, Inc. (OLI) was founded by Jean François Roy. After having developed Canada’s third largest portfolio of senior citizen residential life care facilities, Roy relocated to South Florida in the 1990’s where he began focusing on a long-term approach for investing in prime waterfront properties that could be redeveloped with neighborhood and community support.
With a philosophy of building lasting relationships with property owners, neighbors and civic leaders, Roy and his company have achieved an enviable record of success and an unsurpassed reputation for integrity since his entry into the South Florida waterfront real estate market.
The trademark of Ocean Land Investments is its long-term approach to redevelopment. Each project must be beneficial to the neighborhood and must be something the community will be proud of now and in the future. By building lasting relationships with property owners, neighbors and public officials, OLI has achieved an enviable record of success.
With this idea in mind, OLI and Roy have been key players in the successful development of multiple waterfront projects in South Florida while working with major industry players such as Jorge Perez and the Related Group; Daniel Catalfumo and Catalfumo Construction & Development Company; and The Donald Trump Organization.
These alliances have led to a number of high profile developments, such as the under-construction Trump Hollywood in Hollywood Beach, a 42-story luxury high-rise building.
“We, at the end of the day, look at the long view of purchasing land,” says Roy. “As a corporation we view waterfront property as a long-term investment, one that grows ever-more scarce throughout South Florida. We view the opportunity to develop such unique properties as a privilege, and consequently are extremely conscientious about our approach.”
One such parcel of land is located in Coconut Grove, on 6.6 acres of bay-front property adjacent to Mercy Hospital. The project will be called 300 Grove Bay Residences, and is an excellent example of OLI teaming up with a recognized developer, The Related Group of Florida, to deliver an exclusive product. In this case 224 luxury condominiums on what is arguably one of the most compelling waterfront parcels remaining in Miami-Dade County.
In line with the company’s philanthropic endeavor, the purchase of the land, and a subsequent personal donation by OLI, will help provide Mercy with a major injection of funds for its $300 million capital improvement campaign, one that will serve as a source of funds to completely renovate the hospital over a 10-12 year period, along with upgrading all patient care units, purchasing new technology and expanding clinical programs.
The company’s latest endeavor is a partnership with the renowned Catalfumo Construction & Development. The team is developing an oceanfront parcel located in Pompano Beach. The project is located just a few blocks south of Atlantic Avenue.
Phase One of this exclusive resort will feature a 10-story, four-star Hilton Hotel that will offer over 260 guest rooms. Within the hotel will be an ocean front restaurant, a ballroom with over 7,000 square feet and over 7,200 square feet of additional meeting room space. The property will offer direct access to the beach.
Phase Two of the Pompano Beach Resort is two 10-story buildings that will each feature an elevated pool deck. This phase will offer 317 guest rooms. Exclusive features to this phase are a 28 boat slip marina.
The two phases will be connected by two bridges spanning over A1A, so that guests may cross with ease and experience all that both properties have to offer. The entire project will offer a seamless transition from the modern, contemporary exterior designed by Nichols, Brosch, Wurst, Wolfe & Associates, Inc., to the high-end interiors that will also have a clean and contemporary approach. The nationally acclaimed Coral Gables-based architects have been involved in the design and planning of more than $3 billion dollars in new construction and renovations.
“Our relationship with Dan (Catalfumo) and now partnering with John Nichols and his group are examples of how different we view our developments,” continues Roy. “We want every aspect of our projects to be win/wins. From the purchase of the parcel, to our various partners in the endeavor, to the ultimate end-user, Ocean Land’s perspective is that we want to make a positive impact in every single facet of the process. It’s not worth doing, if it’s not worth doing well. It’s a very old adage, but one that is true through the ages.”
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"As a company, Ocean Land recognizes that price is not the ultimate deciding factor in closing a deal. What’s more important to them as businessmen is the chemistry between the parties that allows a deal to transpire and ultimately be successful. Roy is as good as his word. We closed a $30 million deal with a handshake, and then negotiated terms afterwards, where both parties found the outcome favorable."
Daniel Catalfumo
President, Catalfumo Construction and Development
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