Mark Gustav Conroe
Managing Partner, PDP
Managing Partner, Urban Communities
Mark founded PDP in 2000 and founded Urban Communities, PDP’s affiliated residential land development company, in 2009. Mark has 32 years of diverse real estate development experience and has built and run a number of real estate development and investment companies over the past two decades. Under his leadership, PDP has managed office, retail, residential and industrial projects totaling over $500 million. Prior to founding PDP, Mark was the Co-Founder and President/CEO of City Center Retail Trust, a $500 million full-service commercial real estate company with 50 employees and 30 projects nationwide, a company which he built from the ground up; City Center Retail Trust was considered one of the top firms in the U.S. focused on urban/”main street” retail projects. Also, Mark built and managed the 75-person team that developed over 100 hotels throughout the U.S. for Homestead Village. Mark was a Vice President at (the predecessor company to) Archstone Smith in charge of apartment acquisitions and development on the East Coast (City Center Retail, Homestead Village and the predecessor company to Archstone Smith were all subsidiaries of Security Capital Group, for whom Mark worked nearly seven years). Prior to joining Security Capital Group, Mark was a General Partner at The Mozart Development Company for nearly nine years where he specialized in the development of office buildings and was the Co-founder and President of Classic Communities (a builder of high quality homes), both well-respected companies in Silicon Valley. Prior to this, Mark worked at McKinsey and Company and Sohio Petroleum Company.
Mark is a guest lecturer at Stanford University’s Graduate School of Business and active on a variety of non-profit boards addressing homelessness and education. He has traveled extensively internationally and is an avid collector of photography.
Mark received his B.S. and M.S. degrees in Civil Engineering from Stanford University as well as his M.B.A. from Stanford University’s Graduate School of Business where he won the Shidler Grant. Mark also attended the U.S. Military Academy at West Point. Mark has been published in the Real Estate Review.