The Business & Pleasure of Sports

<< Previous entry: Marino not dancing, but still pitching

>> Next entry: Sharp signs Hanley Ramirez

Shaq’s real estate venture

Two years ago, when he was still playing for the Heat, Shaquille O’Neal formed a real estate venture aimed at developing “lifestyle” redevelopment projects in cities nationwide. The O’Neal Group launched with its first project being a partnership with the developer of Metropolitan Miami, a downtown Miami complex of condos, a hotel, office and entertainment space.

This week, O’Neal, now center for the Phoenix Suns, announced a new project, this one in in downtown Newark, N.J., near where O’Neal grew up. According to a story in the Newark Star-Ledger, Boraie O’Neal Urban Development is planning a $90 million, 25-story condo tower. Read the story here.

Categories: NBA (139)

Leave a Reply


You share in the community, so we just ask that you keep things civil. Leave out the personal attacks. Do not use profanity, ethnic or racial slurs, or take shots at anyone's sexual orientation or religion. If you can't be nice, we reserve the right to remove your material and ban users who violate our Terms of Service.

About the author
CRAIG DAVIS In more than 33 years at the Sun Sentinel, Craig Davis has written about a wide variety of sports topics from baseball to yachting, fishing to triathlons, and also worked as a copy editor and page designer. Recently he reported on local sports, including running, swimming, cycling, equestrian and beach volleyball. He enjoys sports as a participant as well as a spectator, is active in the South Florida running scene plays in the curling club at Saveology Iceplex. This blog offers a glimpse at the business side of sports in the interest of enhancing enjoyment of the games and sporting options as a spectator as well as a participant.
Connect with me

Search this blog
E-mail newsletters
Get the news that matters to you delivered to your inbox. Breaking news, hurricane alerts, news from your neighborhood, and more. Click here to sign up for our newsletters. It is fast, easy and free!