PRESIDENT & CEO, PENN-FLORIDA COS., BOCA RATON
Gensheimer founded Penn-Florida Cos. in 1987 and has become a major player in Palm Beach County’s real estate market by specializing in developing one-of-a-kind properties, including high-end hospitality, residential and mixed-use properties.
Currently in development is Via Mizner, a $1-billion, 2- million-sq.-ft. mixed-use “urban resort” in downtown Boca, anchored by a 164-room Mandarin Oriental Hotel with 92 condos starting at $2 million, and the recently completed Via Mizner Golf & City Club, a Jack Nicklaus course.
For the younger demographic, the company is planning an 80-acre, mixed-use development, University Village in Boca Raton, with 829 units, including lofts, retail, office space, a hotel and jogging and walking trails near Florida Atlantic University, the Tri-Rail station and I-95.
Penn-Florida has about 3 million square feet in the development pipeline and employs nearly 200.