Company type | Private |
---|---|
Industry | Real Estate |
Founded | 1994 |
Founder | Michael Meldman |
Revenue | $1 billion (2015) |
Website | discoverylandco |
The Discovery Land Company is an American real estate development company and hospitality operator based in Scottsdale, Arizona. Founded in 1994 by Michael Meldman, the company mainly operates private residential communities and clubs in North America.[1][2] In 2022, the company made public that they will follow an international expansion strategy.[3][4] Discovery had an annual turnover of $1 billion in sales (2015).[5]
According to The New York Times, David Solomon, chief executive officer of Goldman Sachs, is a controlling part-owner of Discovery.[6][7] Discovery, respectively Meldman, was involved in several lawsuits over the past years.[8][9][10]