Nothing surprises us in real estate anymore. Nothing. Really, did you see that Doggie Mansion story we posted earlier? Miami Heat center and former Lakers' player Shaquille O'Neal is starting his own real estate development company. No, really! Shaq's new company, The O'Neal Group, has set its eyes on development projects in the northeast, Los Angeles, South Florida and Louisiana.
The first project for The O’Neal Group is MDM Development’s Metropolitan Miami project. (The Met), a billion-dollar project which includes more than 1,100 residential units, among them the 866-foot Met 3, the tallest residential tower south of New York, an office tower, luxury hotel, entertainment complex, and the area's first Whole Foods store. O'Neal plans to also bring a 24-Hour Fitness/Shaq Ultra Sport fitness facility to the project. The O'Neal Group's EVP , Christopher Handy, says they will target landmark properties and focus on mixed-use development with "integrated living and 'intelligent' design." Hear that Donald Sterling? Shaq wants integrated living. Although we think they might mean "integrated" as in residential and commercial. But still...
· Shaquille O'Neal Launches Real Estate Group [CBS4-Miami]