Who We Are
WDC is a HUD approved developer with over 50+ years of combined real estate development experience. Our principals have led over $250 Million in real estate acquisitions, brokerage, and ground-up developments.
We guide great ideas from inception to completion. Our firm’s proven leadership has an established history of meeting the needs of governmental agencies, financial institutions, and private investors. We have formed strategic alliances with both national and local professionals to deliver the best possible products and solutions for our partners and investors.
David Salazar
Mr. David Salazar, Co-Founder of World Development LLC, recently closed on a HUD 221(d)4 Development Loan for the construction of the 288 Unit La Sienna Apartment Project as the Sponsor/ Developer. Prior to forming WDC, Mr. Salazar owned and operated Regency Contracting & Development established in 1998 as a full-service development firm encompassing real estate brokerage, construction and development. Prior to forming RCD, Mr. Salazar owned and operated Henry S. Miller, a privately-held Commercial Real Estate Firm in San Antonio where he represented clients in purchasing, selling and leasing of commercial properties.
Mr. Salazar also served as CFO and CEO of H.A. Properties, Inc., a commercial real estate development firm where he developed over 10 million square feet of commercial real estate, most notably, tax credit and market rate multifamily developments.
Mr. Salazar received a Bachelor in Business Administration- Financial Management from St. Mary’s University in San Antonio, Texas and is a licensed Texas Real Estate Broker. He has over 25 years of experience in the real estate development and brokerage industry.
Mr. Felipe Martinez, Co-Founder of World Development LLC, recently closed on a HUD 221(d)4 Development Loan for the construction of the 288 Unit La Sienna Apartment Project as the Developer/ Project Manager. Prior to forming WDC, Mr. Martinez owned and operated FAMA Construction Consultants established in 2015, a contracting and construction company specializing in real estate development.
Mr. Martinez has worked internationally in Canada and the U.S. as Project Manager over the course of 7-years under US Union Labor Laws for Tier-1 American companies.
Mr. Martinez has also served as General Manager to PM Construction, a commercial & residential developer since 1991 where he lead the company in building and developing over 2 Million Square Feet of commercial & residential space. Mr. Martinez attended The University of Texas- Pan American.
