Phoenix Development Group  //  Galaxy Venture Capital

Rebuilding Pacific Palisades. With Purpose.

Ten Landry-designed luxury homes in the Alphabet Streets corridor. A rare team convergence at portfolio scale. Post-fire recovery for one of Los Angeles’s most storied neighborhoods.

AD100 Listed Since 2000   //   $1B+ Delivered Construction   //   Number One Palisades Broker Pre-Fire

A rare team convergence, at portfolio scale.

The Palisades lost more than 6,000 homes in the January 2025 fire, and roughly 340 rebuild projects were under construction as of mid-2026. The Alphabet Streets sit inside the rebuild corridor, minutes from PCH and Rick Caruso’s Palisades Village, which reopens in August 2026. Phoenix Development Group and Galaxy Venture Capital are co-sponsoring a ten-home phased custom rebuild in the corridor. Richard Landry is designing every home, Ceci Clarke Inc. is building them, and Dan Urbach at Compass Pacific Palisades has the exclusive listing on the portfolio. We contracted the team at portfolio scale rather than one home at a time, which gives us a favorable cost basis relative to where comparable Landry-designed residences have historically traded.

Best in class, at every layer.

Landry Design Group
Richard Landry, AIA
Design Principal

One of the most decorated luxury residential architecture practices in Southern California. Founded in 1987, with more than 500 residences across 20 countries. Listed on Architectural Digest’s AD100 since 2000. Best International Architecture Single Residence, 2024-2025 International Property Awards, for the Beverly Hills “Papillon” residence. Fifteen Best in American Living awards from the National Association of Home Builders. Clients include Tom Brady, Sylvester Stallone, Denzel Washington, and Mark Wahlberg.

Ceci Clarke Inc.
Ceci Clarke
Founder and President

Stanford civil engineer and former SVP of Construction and Development at Douglas Emmett. More than $1 billion in delivered high-end residential and institutional-grade construction. Homes featured in Architectural Digest more than ten times. Post-wildfire rebuild experience through the Homebound platform. Lost her own Palisades home in the January 2025 fire.

Compass Pacific Palisades
Dan Urbach
Managing Director

The number one broker in Pacific Palisades pre-fire by career sales volume. More than $1.5 billion in career closings. Named among the top 50 residential agents nationally by the Wall Street Journal and RealTrends. Malibu native with thirty years of Westside real estate experience, and currently leading Palisades post-fire land and lot sales. His own home is recovering after the January 2025 fire.

Sponsored by Phoenix Development Group (Jeff Bowman, Co-Managing Partner) in collaboration with Galaxy Venture Capital (Adam Lewis, Managing Partner). Meet the sponsors.

The economics.

1.39x
LP Multiple
38.8%
Cash Return
20.6%
Annualized IRR
$14.9M
Total LP Capital
30 mo
Pipeline Life
21 mo
Per-SPV Hold

Base case assumes conservative $1,800 per square foot exit. Sensitivity scenarios and full assumptions available in the capital package.

This project is personal.

Ceci Clarke lost her own Palisades home in the January 2025 fire. Others on the extended team lost homes themselves or watched close family lose theirs. Phoenix Development Group is here because rebuilding this neighborhood matters, not because it makes a good deal on paper. We bring that mindset to every home we deliver.

Request the full capital package.

The Phoenix RE Alphabet Streets capital package is available to qualified accredited investors under Regulation D. Request access to receive the twenty-three page deal deck and set up a call.

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