Peter Baytarian, Forest Development LLC
Peter Baytarian is the Founder and Managing Partner of Forest Development, a multi-faceted team of real estate development professionals with decades of experience. Forest Development acquires and develops undervalued and primarily waterfront properties in or adjacent to growing cities in Florida. Investing in areas on the path of development empowers the team to create destinations and shape vibrant communities. The diversified investment strategy of the company includes adding value through strategic partnerships and opportunities with mixed-use, multifamily, luxury condominiums, hotels, retail, restaurants, and marinas.Forest Development has various projects in process on both the east and west coasts of Florida. Nautilus 220, a luxury mixed-use development currently underway with completion anticipated for Spring 2025 at 220 Lake Shore Drive in Lake Park, FL, will include 330 condominium residences in two towers, SeaHawk Prime by David Burke, a restaurant with golf + sport simulators, a café, retail, and office alongside the Lake Park Harbor Marina. Oculina is a luxury mixed-use development with Intracoastal Waterway and Atlantic Ocean views at 3700 Broadway, Riviera Beach, FL. The 25-story, two tower project will include 399 condominiums, resort style amenities, a cafe, fast casual and fine dining restaurants, retail and office. Oculina is fully entitled and sales are slated to launch in the fall of 2025.
Additionally, Peter is the Founder and Managing Partner of two firms based in New York, NY focused on the renovation, ownership and management of high-end value-add properties including townhomes, condominiums, and commercial sites in Manhattan. Previously he was a developer and home builder in Cape Cod, MA completing more than 150 residences. Peter was born in Beirut, Lebanon, attended high school at The American School in London and studied economics at Boston University. He resides with his wife and two daughters in Palm Beach County. Peter serves as a member of the Executive Trustee Council for the Palm Beach North Chamber of Commerce.