Meet the Emerging Leader Addressing the Racial Divide in Commercial Real Estate

Woodbine Development Corp. Managing Partner Dupree Scovell is using his influence to start some uncomfortable conversations. Here’s why.

BY BIANCA R. MONTES PUBLISHED IN D CEO DECEMBER 2020 PHOTOGRAPHY COURTESY OF WOODBINE DEVELOPMENT CORP.

An emerging leader in commercial real estate, Dupree Scovell has spent the past few years working behind the scenes with his brother King to grow and diversify Woodbine Development Corp. The company was founded by his father, John Scovell, and oil icon Ray Hunt in 1973. With projects across the country, mostly in the hospitality space, it’s best known locally for changing the Dallas skyline with the Reunion Tower and Hyatt Regency Dallas at Reunion. Its portfolio, valued at about $1.75 billion, includes more than 8,000 hotel rooms, 4.3 million square feet of office space, and more than 1 million square feet of special event venues, plus numerous spa, golf, and fitness projects. The brothers’ new approach has set up Woodbine to weather a downturn spurred by a global pandemic and secured capital for struggling assets. Click to read more at www.dmagazine.com.