Who Is the Developer Behind Bay Harbor Towers?

By Adrian Sanchez, Founder & Managing Broker, WIRE Miami · May 2026 · 7 min read

One of the first questions a serious buyer asks me about any pre-construction project is "Who's the developer?" That question matters more in 2026 than it did in 2018 — the cost of construction is higher, financing is tighter, and the difference between a developer who delivers and one who slips a closing date by twelve months is now measured in real dollars per buyer. Here's the inside view on PPG.

Who founded PPG Development?

Ari is one of those developers who is in the buildings they build — he understands amenity programming because he uses amenities himself, and his projects tend to reflect the priorities of an owner-developer rather than a build-to-flip operator. That shows up in Bay Harbor Towers in subtle ways: the way the elevator opens directly into a private foyer, the way the kitchen's pot filler is positioned, the way the rooftop is sized for the actual occupancy of the building rather than the maximum permitted by code.

What other projects has PPG developed?

PPG's current pipeline in South Florida includes:

• Shell Bay, Hallandale Beach. A multi-billion-dollar private golf and residential community on the Intracoastal Waterway. PPG is the master developer.
• Slate, Hallandale Beach. A boutique residential project in PPG's Hallandale portfolio.
• Bay Harbor Towers, Bay Harbor Islands. The 44-residence boutique tower currently in final-phase delivery.
• Multiple multifamily and hospitality projects across South Florida totaling 2,500+ residential units.

The Shell Bay association is particularly relevant. Shell Bay is one of the most ambitious private-club developments in South Florida this decade, with a Greg Norman golf course, hotel, marina, and luxury residences. Pulling that scale of project off concurrent with Bay Harbor Towers signals the size of PPG's balance sheet and the strength of their construction relationships — both of which translate directly into delivery confidence at Bay Harbor Towers.

How does PPG handle delivery and warranty?

At Bay Harbor Towers, the warranty period covers the standard Florida new-construction items (structural, mechanical, finishes) for a year, with longer coverage on systems and roofing. PPG's site team has been responsive on punch-list items at Slate and Shell Bay, and we've seen the same pattern at Bay Harbor Towers in the early closings.

Who is building Bay Harbor Towers?

The project is being constructed by an established South Florida general contractor working under PPG's direction. The architect of record is Kobi Karp, the interior designer is Steven G., the landscape architect is CLAD, the marine consultant is Ocean Consulting, and branding is by Krinsky Design. On-site sales are handled by Fortune Development Sales — led by Edgardo Defortuna with 21 offices around the world — with WIRE Miami as the exclusive marketing partner for our buyers.

Why does developer track record matter for pre-construction buyers?

Three reasons. First, your deposit is held in escrow under Florida Statute 718, but a delayed delivery still means your capital is parked, you're paying carrying cost on financing if you used it, and your investment timeline gets pushed. Second, the quality of finishes, the mechanicals, and the warranty service are entirely a function of the developer's discipline and budget at handover — a project that runs over budget often gets value-engineered in the last six months, and the buyer pays for it on closing day. Third, post-closing, the developer typically appoints the first HOA board, sets the first year's budget, and influences the first few years of building operations.

PPG's track record in South Florida is, in a word, consistent. They have not had public delivery failures, they have not been involved in deposit-recovery litigation, and they continue to be approved by the major lenders that finance buyers in their projects. That's the practical answer to "Should I trust this developer with $549,000 down?"

How do I get more information?

If you'd like to dig deeper on PPG — financial standing, comparable deliveries, references — WIRE Miami can run that diligence with you. Most international buyers ask for it before they sign, and we keep an active dossier on every developer we represent. Request a consultation or call 305-321-7655.