Not Just Anyone can Build Something Like Mystique

For over 40 years, the Gulf Bay Group of Companies and its affiliates have developed luxury properties along the Gulf Coast of Naples, including 16 luxury properties within magnificent Pelican Bay. Founded in 1986 and with over 9,000 units built or under development, the Gulf Bay Group of Companies is one of the largest privately owned development companies in Florida. Other developments created by the company include The Brittany on Park Shore Beach, Marco Beach Ocean Resort and the 4,000 acre master-planned community of Fiddler’s Creek. Pelican 1 Owner, LLC, the developer of Mystique, is an equal partnership between an affiliate of the Gulf Bay Group of Companies, and an affiliate of the global investment firm Kohlberg Kravis Roberts & Co. L.P. (KKR). Gulf Bay’s completed and under development estimated build-out market value of luxury residential properties is in excess of $12 billion. KKR’s assets under management are in excess of $100 billion.