ABOUT PDG
Founded in February 2023 by Drake Powell, Powell Development Group (PDG) is a forward-thinking real estate development firm based in Salt Lake City, Utah. The inception of PDG was marked by the strategic acquisition of a .97-acre property in Salt Lake City, originally a single-family home that had suffered substantial fire damage. In collaboration with TAG SLC, PDG led all aspects of entitlement and design, successfully rezoning the property from R-1-7000 to RMF-30. This critical rezoning paved the way for the development of a 21-unit townhome project that is currently under construction.
PDG’s mission is to identify and transform underutilized properties into vibrant, high-quality residential communities. Since its founding, the firm has expanded its portfolio to include three additional infill townhome development projects in Salt Lake City, including a 12-unit development at 825 W Hoyt, an 8-unit project at 1046 S Jefferson, and a 6-unit townhome project at 135 W Goltz.
CEO/FOUNDER
Drake Powell is a seasoned real estate development professional with a background in land entitlement, design, permitting, and subdivision creation. With several years of industry experience, Drake has played a pivotal role in the successful development of over 150 townhome units throughout the Salt Lake City area during his tenure with TAG SLC, a leading local development firm. His comprehensive expertise is further strengthened by five years of hands-on construction experience, giving him a unique and practical perspective on the entire development process.
Drake’s academic credentials include a Bachelor of Science in Finance and a Master’s Degree in Real Estate Development, both from the University of Utah. His deep understanding of finance, combined with his practical experience in construction and development, positions him as a leader capable of guiding projects from concept to completion with precision and care. Under Drake’s leadership, Powell Development Group continues to grow, driven by a commitment to quality, innovation, and the revitalization of urban spaces.
