BLOCK ONE VENTURES LLC
JACKSONVILLE, FLORIDA

Block One Ventures LLC is a commercial real estate development company specialized in acquiring high-quality real estate with significant long-term value potential. The firm's focus is on urban infill and coastal opportunities within the secondary markets of the southeastern United States, particularly around Jacksonville, Florida. Backed by a proprietary equity source, Block One Ventures is equipped to make swift investment decisions, providing greater certainty for property sellers. The company boasts a seasoned team with substantial expertise across various real estate product types including retail, multifamily, mixed-use, and office developments. Lead operations under the guidance of Mr. Hobby, who holds 13 years of experience as Vice-President at Case Pomoroy Properties Inc. He has contributed to over 40 project executions across the Southeastern U.S., handling investments surpassing $200 million in equity, with an estimated development value exceeding $800 million. Mr. Hobby is well-recognized within industry circles, being a full member of the Urban Land Institute (ULI) and having served on the board of the University of Georgia's Terry College of Business. Supporting administrative functions, Mrs. Chitwood brings over two decades of experience in real estate, legal, and consulting sectors to her role at Block One Ventures. Her professional background includes significant positions such as an Executive Assistant at McKinsey & Company. Together, they ensure cohesive coordination across both the operational and construction aspects of the company. Block One Ventures was officially incorporated on November 13, 2015, as a Florida Model Dos company with its registered offices in Jacksonville Beach, FL. The company’s latest annual report is dated April 29, 2024, reflecting ongoing business operations. For more information or inquiries, Block One Ventures can be reached at their office through phone number (904) 551-2608, with comprehensive details available on their official website, blockoneventures.com.