Eng. Federico Stubbe
Chairman and CEO

An award winning developer of planned communities, Federico “ Friedel” Stubbe is an understate yet confident visionary. A civil engineer, he refuses to be bound by conventional corporate standards that require a title to follow a name. The furthest Stubbe goes in calling himself CEO of what he describes as “a collection of development enterprises, each with its own name and (legal) structure and all of them dedicated to the creation of habitats that allow human beings to live in harmony among themselves and with nature.”

Stubbe is one of Puerto Rico’s largest developer-builders of upscale residential, master-planned communities with over $100 million in annual sales and more than 800 employees. In addition Stubbe chairs the board of the Peninsula de Cantera project, which serves as the redevelopment model for Puerto Rico’s Special Communities initiative. Stubbe donates his time to the project, convinced that economic and social development go hand in hand.

Since he was a boy, he wanted to work the land. “I grew up between Miramar and the farm my father owned in Cidra, loving the land. I was witness to Puerto Rico’s change from agricultural to an industrial society. Under my father’s supervision, I got ready for that change, ready to become a leader in the new economy.”

He chose a path in construction, pursuing a Bachelor’s degree in civil engineering at the Georgia Institute of Technology, and returned to work as project engineer and project manager for a general building contractor from 1971 to 1977. In 1977, he turned toward public service when he became an aide to the then-Governor Carlos Romero Barceló, and later chief of staff. In 1981, Stubbe left government to attend Harvard Business School’s Program of Management Development. After returning, he worked as general contractor from 1982 to 1985. Finally, in 1986, he became a full-time developer, bringing to life award-winning communities.

A twice president of the Puerto Rico chapter of the National Association of Home Builders, recipient of the Frank Ramírez de Arellano Homebuilders Award, member of the Georgia Tech Engineering Advisory Board as well as of the Governor’s Advisory Board for the Construction Industry, Governor for the Urban Land Institute, Stubbe personifies the modern- day entrepreneur whose concern for the environmental has turned into a mission. “As developers, we are nothing more than an instrument of the people of Puerto Rico to help create a better society.”

Federico Stubbe Jr.
President

Federico Stubbe Jr. is President of PRISA Group, a family-owned, Puerto Rico-based developer and builder of green residential communities, resort, hospitality and gaming projects in Puerto Rico and Florida. Under the leadership of his father and mentor, the firm has developed residential projects with over 3,000 residential units. Mr. Stubbe not only embraces his father's development philosophies and core values; he has leveraged them to fuel PRISA Group's expansion into other business segments, such as limited service and luxury hotels, gaming, healthcare, and entertainment; and into markets in the mainland United States.

In 2003, Federico set up operations for the firm in Central Florida with the development of Lake Toscana, a 500-acre Conservation Subdivision, the first of its kind in Tampa Bay.

PRISA Group is currently developing Sabanera Dorado, a 1,400 unit master planned conservation community, with 515 sales to date, and Gran Vista Toa Alta, a 600-unit development, both in the outskirts of San Juan. Also, PRISA is a partner and developer/builder of the $1.5 billion, 1,400-acre Dorado Beach Resort, which includes the $340 million Ritz Carlton Reserve, the first in the Americas, which opened December 2012, and three ongoing luxury residential projects including West Beach Ritz-Carlton Reserve Residences.

In addition, Federico is spearheading the $150 million portfolio development of the 156-key Hyatt Place Bayamón & Casino, which opened December 2013, the 104-key Hyatt Place Manatí & Casino (opened March 2014), the 126-key Hyatt House San Juan (opening October 2014) and the 150-key Hyatt Place San Juan (breaking ground September 2014).

Future projects include the 350-key J.W. Marriott Dorado Beach, an entertainment center in San Juan, a 160-bed hospital in association with a reputed U.S. brand, and a select service portfolio in Southeastern U.S..

Mr. Stubbe serves as Vice-President of the Home Builders Association – Puerto Rico Chapter as well as Vice President and Director of the Board of TASIS Dorado (The American School in Switzerland), a PPK through 12th grade private school founded by his parents. A proud member of Young President’s Organization (YPO), he holds a bachelor’s degree from Georgetown University, and MBA and Civil Engineering degrees from the Massachusetts Institute of Technology (MIT) and its Sloan School of Management.

Carlos F. Amy
Managing Director

Carlos F. Amy serves as Managing Director of PRISA Group, where he focuses on the development and operation of the company’s hospitality, gaming and mixed-use portfolio. In this capacity, Carlos oversees the operation of the company’s hospitality and gaming properties, including the Hyatt Place Bayamon & El Tropical Casino, Hyatt Place Manati & Casino and Hyatt House San Juan (all currently under construction), representing over $115 million in development costs. Carlos also participates in the planning, financing and development of several of PRISA’s future mixed-use projects.

Prior to joining PRISA Group, Carlos served as Assistant Secretary of the Department of Economic Development and Commerce for the Government of Puerto Rico from 2009 to 2012. In this capacity, Carlos served as the principal responsible for the design, development and implementation of major government economic development initiatives, with a focus on the tourism and hospitality, urban redevelopment and film and media sectors. His major projects included leading the government’s $1.5 billion, 90-acre mixed-use redevelopment of the historic port of San Juan (“Bahía Urbana”). During his time in the Department, Carlos also served as the principal executive officer within the government with regard to all film and media matters, ultimately serving as Executive Director of the Puerto Rico Motion Picture Arts, Sciences and Industry Development Corporation.

Prior to working for the Government of Puerto Rico, Carlos was an Associate in the New York office of Simpson Thacher & Bartlett LLP from 2005 to 2009. During his tenure at Simpson Thacher, Carlos represented some of world’s leading companies, with a strong focus in Latin America, in a variety of corporate transactions across the aviation, consumer goods, energy, education, food processing, financial services, healthcare, manufacturing, mining, telecommunications and real estate sectors.

Carlos is a native of San Juan, Puerto Rico and holds an A.B in Public and International Affairs from Princeton University and a J.D from the University of Pennsylvania Law School, with a Certificate in Business and Public Policy from the Wharton School of Business.