Dallas-based developer Granite Properties has been named 2022 Developer of the Year by NAIOP, for its innovation, commitment to sustainability, and industry leadership. The award is the association’s highest honour.
“On behalf of everyone at Granite, I want to thank NAIOP for this great honor of naming us Developer of the Year 2022,” said Michael Dardick, founding partner and CEO of Granite Properties. “Granite supports businesses and their employees with high-quality, sustainable and wellness-focused offices and mixed-use environments in desired locations. People-first is instilled in everything we do. That’s why we always strive to improve the customer experience and have a positive impact on our communities. I’m proud of our team’s innovative spirit and ability to adapt to the many changes our industry has seen in our 30 years of existence. This recognition is a reflection of their talent, and I thank them for their hard work in positioning Granite for long-term success.
Granite Properties is a privately held commercial real estate investment, development and management company with 11 million square feet of high-quality, $3 billion office space in Dallas, Houston, Atlanta , denver, Southern California, Boston and Nashville. The company has completed over $8 billion in real estate transactions and over 29 million square feet of real estate development and acquisitions. It focuses on creating extraordinary guest experiences through mixed-use environments, rich amenities, guest-centric service, and innovative wellness features.
The company’s size, operational experience, partnerships and breadth of resources allow it to make appropriate adjustments to short- and long-term goals with flexibility and speed of execution in response to economic changes and opportunities. The company cites adaptability and flexibility as key characteristics that are leveraged throughout the company’s 30-year lifespan and growth.
Granite’s building technology and wellness advancement includes a partnership with Fifth Wall that keeps the company at the forefront of technology, benefiting clients and their businesses; evolve®, an innovative Granite-branded program of flexible office rental solutions; and development guidelines that meet and exceed certification requirements for Fitwel and US Green Building Council LEED.
In the United States, Granite is known for its social, philanthropic and employee-focused efforts. Since 2009, the company’s charitable impact has exceeded $3 million. It has been named one of Fortune magazine’s and Great Place to Work’s Best Workplaces nine times in a row, and is committed to fostering diverse and inclusive teams across the company.
“On behalf of NAIOP, I am thrilled to recognize Granite Properties’ fantastic accomplishments and honor them as the 2022 Developer of the Year. The company’s strong commitment to developing and operating exemplary properties across the United States- United is an inspiration,” said Thomas J. Bisacquino, President and CEO of NAIOP. “Throughout the company’s history, it has successfully weathered challenges and setbacks, Emerging Stronger Granite’s corporate culture and mission to inspire both employees and tenants to thrive has made it a leader in the commercial real estate industry.
Granite employees are active NAIOP members in several association chapters, including NAIOP Colorado, NAIOP Georgia, NAIOP Houston, NAIOP North Texas, and NAIOP SoCal.
Since 1979, the NAIOP Developer of the Year award has been given to a development company that best exemplifies leadership and innovation. Granite Properties was selected from an impressive list of applicants and was evaluated by a team of seasoned developers based on the following criteria: exceptional quality of projects and services; active industry support through the NAIOP; financial consistency and stability; ability to adapt to market conditions; and support from the local community.
The award will be presented at NAIOP’s CRE Converge conference in Chicago in October.