What is Rock City Development?
Founded in 2017 by Michael Reis and Carrie Strickland, Rock City Development is a real estate development firm headquartered in Portland, Oregon. The company's core principle revolves around investing in cities and neighborhoods that hold personal significance to its founders. Rock City specializes in infill projects, with a primary focus on Portland and St. Louis. Their expertise spans architectural design, real estate development, and construction, complemented by a strong commitment to fostering community connections. This strategic approach allows them to identify and capitalize on unique development opportunities within urban landscapes.
How much funding has Rock City Development raised?
Rock City Development has raised a total of $95K across 1 funding round:
Debt
$95K
Debt (2021): $95K with participation from PPP
Key Investors in Rock City Development
PPP
Public-Private Partnership
What's next for Rock City Development?
With the recent substantial expansion capital, Rock City Development is poised for significant scaling and further market penetration. The Series B/C stage funding indicates a transition from early-stage development to a more robust growth phase, likely involving the acquisition of new properties, expansion into additional urban centers, and the enhancement of existing community revitalization efforts. This strategic investment will empower the company to deepen its impact and solidify its position as a key player in urban infill development, driving forward its mission of meaningful city and neighborhood investment.
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