LCA Development is an entrepreneurial family office investing primarily in real estate. Founded in 1972 by Lee Chira, it became a leading developer in Central Florida. We invest in real estate and alternative investments throughout the US.
Developed & invested
Years in business
Apartment units developed
Sq ft of Central Florida retail
Growth in Central Florida does develop in a straight line. It follows interchanges, utility lines, rooftops and school districts — and it rewards owners who understood the value of parcel years before the traffic count caught up.
Six decades of building here has given us a working knowledge of how these markets actually absorb: which submarkets can carry a junior anchor, where residential rooftops are genuinely coming, and what a site will be worth once the road is widened.
We invest our own capital with no fund clock and no obligation to sell. That freedom lets us hold through economic cycles, and take positions that require patience rather than leverage.
We are developers first, which shapes how we invest. We are as comfortable entitling raw acreage as we are buying an existing center, structuring a ground lease, or delivering a build-to-suit for a single tenant.
Master-planned commercial districts taken from raw land through entitlement, infrastructure and vertical delivery.
Anchored and junior-anchored centers, in-line shops and outparcels serving established and emerging rooftops.
Apartment communities developed and held for the long term, designed around the way Florida households actually live.
Residential communities and lot programs, often adjacent to the commercial development that will serve them.
Single-tenant build-to-suits and ground lease structures for operators who need a site delivered on schedule.
Path-of-growth acreage acquired for cash and held with conviction until the market meets the plan.
A retail development opportunity at the corner of US 27 and Hammock Ridge Road in Clermont — one of the fastest-changing stretches of western Central Florida.
LCA Development is family-owned and family-operated. The people who answer the phone are the people who sign, and the relationships we build with brokers, tenants, landowners and communities are expected to outlast any single transaction.
Four decades of building here has given us a working knowledge of how these markets actually absorb: which submarkets can carry a junior anchor, where residential rooftops are genuinely coming, and what a site will be worth once the road is widened.
We review off-market opportunities in confidence, give a straight answer quickly, and close with our own capital. Typical investments range from $3 million to $25 million.
