Robert V. Gilbane, Jr.
Senior Vice President, Development
Robert (Bobby) Gilbane, Jr. is a Senior Vice President, Development at Gilbane Development Company, where he leads strategic direction and growth, development, and financing public-private partnerships (P3), mixed-use developments, and affordable housing. His focus is on expanding the company’s presence and portfolio in Washington, D.C. and surrounding markets, as well as other projects that serve as catalysts for positive change.
Bobby has twenty-three years of industry experience spanning every area of real estate construction and development. In the past decade, he has co-led the successful development and financing strategies for numerous mixed-use, multifamily, market rate and affordable housing developments in Washington, D.C., Maryland, Virginia, and Rhode Island, totaling more than $2.5 billion. His understanding of complex regulatory and financing issues is a particular strength for developing projects that address multiple community needs while linking housing, health care, education, and employment. Bobby expertly cultivates and manages relationships with federal and municipal agencies to source and secure capital while leading strategic direction, planning, approval, and design for both new and active developments.
Bobby’s successful project execution and delivery create equitable economic development while setting the stage for future growth on a large scale. His creative approach is exemplified in the Riverfront at West Hyattsville Metro project: This 24.5-acre, multi-phase master planned community transformed a brownfield site impacted by 100-year floodplain into a vibrant community featuring 183 townhomes, a 49,000-SF medical office building for Kaiser Permanente, and two mixed-income multifamily buildings containing 618-units with 7,000-SF of ground floor retail, immediately adjacent to a WMATA Metro station. Bobby’s collaborative engagement with public agencies and the private sector made it possible to address environmental issues while creating a unique financing model; as a result, more than half of the multifamily units (51%) are reserved for tenants with incomes below 80% of AMI for 99 years, without the need for up front public subsidy.
Bobby holds a Bachelor of Arts degree in modern American history from Brown University and is a member of Leadership Greater Washington, the Geriatrics Career Builders Industry Advisory Board, the Urban Land Institute, the Maryland Building Industry Association, and the Housing Association of Nonprofit Developers.