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A few hundred feet away, concrete blocks mark the future sites of two smaller — though still large — homes. Those will be for the Patels' two daughters, also physicians, and their families. Patel told the Tampa Bay Business Journal that his children are “moving in gradually” and that his home should be complete by March. A first glimpse of the Ash drink menu shows an impressive and unique selection of house cocktails, wines and after-dinner drinks, curated by beverage manager Jon Howard. TAMPA — In just a few days, chef Ferrell Alvarez and the Proper House Group will open their highly anticipated Water Street debuts Ash and Alter Ego. He previously worked for newspapers and magazines in upstate New York, suburban Philadelphia and Jacksonville.
Tampa insurance CEO signs deal to remain in post until at least 2029
Enter the details of the person you want to share this article with. Shilen Patel, on the other hand, skipped the medicine step and went straight into business. She pivoted and pursued a Master’s of business administration (MBA) to carve out a new path that included more involvement in the family business. “My approach has always been that for good or bad, I believe I’m smart, I know what I am doing, and you follow my instructions. You can argue with me and if I feel that it [what is said] is right, I will change it, but the majority of the time, I’ve made a decision, I’m taking a path which I’m leading, and I will continue that,” Kiran said about his headstrong strategy. One of Tampa Bay’s most influential and wealthiest leaders was honored with his family in front of hundreds Sept. 8.
Kiran Patel’s 17-acre estate nearly complete after 10 years of construction
That represents a significant premium to the share price of $114.79 as of Tuesday's market close. Shilen said he was never attracted to the medical field in that capacity, but still wanted to work for a meaningful purpose. He knew he could achieve that goal through business after witnessing the success of his father. But the father insisted he only become a doctor if it truly resonated with him and not for other factors like notoriety or money.
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"It's almost 17 acres of land in the heart of Tampa. To get that was a stroke of luck." This is a rendering of the mansion for Kiran Patel and his family, which is being constructed in Carrollwood and will be the largest home in Hillsborough County. With Mughal-style arches, towering columns, and pink-hued sandstone, the multimillion-dollar Patel House features traditional architecture (an eclectic mix of Indian, Persian and Italian styles) from outside. The grand interior is very much American and exudes contemporary elegance, from 22-ft floor to ceiling windows to the exclusive collection of handpicked artifacts for décor. In addition, there are three guest cottages, a maintenance building. All told, the buildings, together, approximately 100,000 under roof.
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Showcasing a mix of Italian and Indian details with a total of 63,310 sq ft. The home consists of 32,526 sq ft of air conditioned space, 15,376 sq ft of formal living area, a home theatre, and even a Hindu temple. The compound also houses two small properties, both around 7,500 sq ft. That's not all though, the enormous grounds also have a 450 long swimming pool with waterfalls, fountains, and also ponds. There is also a yoga practice space featuring a glass lotus blossom structure, and even a replica of the Taj Mahal carving in a rock mountain.
The grand entrance faces the Dale Mabry overpass and is within earshot of traffic rushing past strip shopping centers and fast-food restaurants. On the other side of the 10-foot wall surrounding Patel's land are far more modest homes and apartments. Born of Indian parents, he grew up in Zambia, studied in Britain and went to medical school in India, where he met his wife. They finished their training in the New York area and moved to Tampa in 1982, drawn by Patel's brother, who ran a motel on Busch Boulevard.
In Florida, the Patel House compound also has two small blocks, each having over 7500sqft space, where the Patels’ two physician daughters will gradually move in with their spouses. “I am very fortunate that all my three children decided to stay in Tampa, which is unusual in this day and age,” the Tampa Bay Times quoted Dr Patel saying in an article. There is dedicated space for yoga and meditation, and a beautiful lotus blossom made of glass draws attention to this relaxing space.
Inside Dr. Kiran Patel’s palatial Carrollwood estate, three years after breaking ground (Photos)
“Everybody will be close enough when you want to see them but far enough if you don't want to see them, including the grandchildren,” he joked in conversation with Tampa Bay Times. The compound, on the inner side, is lined with cypress trees which were planted celebrating Dr Kiran C Patel’s 65th birth anniversary. The 17-acre Surya Estate does also encompass a lake that adds to the serene ambience and scenic beauty of the palatial residence. If the richest Indian business family’s Antilia in Mumbai is a vertical wonder, the Indian-American pharma baron’s Surya Kiran Estate in Tampa is a marvel on ground.
Industry veteran Dave Madera is coming on as the general manager of Ash, a full-circle moment for Alvarez and Rodriguez, who met Madera while working together at Tampa restaurant Mise en Place nearly two decades ago. Madera’s resume includes a long list of Tampa Bay spots, including Rococo Steak, Ceviche, Cru Cellars, Bouzy and Small Giant. Throughout his time leading the company, Paresh has developed an excellent track record as a visionary, insightful leader and has delivered strong returns for shareholders." Chairman and CEO Paresh Patel has signed an agreement to remain with the Tampa insurance, IT and real estate firm for at least another five years.
Patel was part of the HCI founding team in 2007 and has guided the company to over $1 billion in annual insuance premium, officials say. The new employee agreement, according to a public filings with the SEC, keeps Patel’s base salary at $950,000 a year. He also has a “long-term equity incentive with a vesting threshold of $200 per share,” the company says.
Dr. Patel's great estate - Tampa Bay Business Journal - The Business Journals
Dr. Patel's great estate - Tampa Bay Business Journal.
Posted: Fri, 10 Aug 2012 07:00:00 GMT [source]
Along the wall facing Dale Mabry is a line of cypress trees, among the 65 trees planted by friends on Patel's 65th birthday. Already, it is impossible to miss for anyone driving on N Dale Mabry Highway near the overpass at Busch Boulevard. Off to the east it sits, a 32,000-square-foot palace with Mughal-style arches, pinked-hued columns and massive wings flanking a domed great hall. Florida-based Dr Kiran Patel and Pallavi Patel are healthcare entrepreneurs with several philanthropic undertakings to their credit. In 2019, they made a whopping, nonprofit investment of $200 million to Nova Southeaster University for free medical education of meritorious students from India and other developing countries. Most recently, they inaugurated a new medical college of osteopathic medicine in Orlando, Florida, among their funded projects for the welfare of humankind.
On 17 August 2009, a whistleblower filed a complaint with the district court in Tampa, alleging that Freedom was manipulating enrollment rolls. Patel and his brother Rupesh Shah were among the named defendants. In 2007, he purchased Freedom Health and Optimum Healthcare Inc. Bill West, Patel’s director of development, stated the hotel is scheduled to open in the first quarter of 2017. The 450-room Wyndham Grand Resort will be comprised of two 15-story towers that will include banquet and event space, multiple restaurants and a spa, according to the Tampa Bay Business Journal.
The central unit consists of a fully airconditioned, palatial edifice having 32,000-sqft space. The formal living area is as immensely spacious as over 15,000 square feet that can accommodate more than 500 guests at a time. What is more surprising is that the Patels’ Surya Estate in Tampa has a banquet hall sprawling 4,000 square feet and three guest houses. The residential area is meticulously landscaped with sprawling lawns, gardens, fountains, waterfalls, and an astounding 450m long swimming pool.
According to Tampa Bay Times, Dr Kiran Patel’s estate covers an enormous 17 acres in Hillsborough County, where it is the largest residential compound ever built. The property houses a 32,000 square feet mansion which has two multibedroom wings. While Dr Kiran Patel and his wife, Pallavi, will occupy one wing, their son, daughter-in-law and their children will reside in the other. Kiran Patel's house is one of the country's largest single-family homes. He then spent the next ten years building his compound, which consists of multiple smaller homes. The massive home was designed by Rojo Architecture, and built by Onicx Construction.
Growing up in an environment surrounded by medicine and the entrepreneurial spirit, Sheetal said, she was naturally drawn to the sciences more than any other subject. If you enjoyed checking out this property, check out Michael B Jordan’s house here. Surya Estates, the formal name of Dr. Kiran Patel’s luxuriant residence, has been under construction since March 2013 on a 17-acre site about three blocks from the intersection of North Dale Mabry Highway and Linebaugh Avenue. "But once you walk in, it will be very modern, very American, very functional," Patel said. When all three homes are complete, he added, "each (family) can live in a place that's comfortable for them." "Everybody will be close enough when you want to see them but far enough if you don't want to see them, including the grandchildren," Patel joked.
The interior dining room at Ash features a color palette of soft, muted neutrals, arched lighting, terrazzo accents, an open kitchen and a sculptural ash tree. HCI Group Inc. owns subsidiaries in homeowners insurance, information technology services, insurance management, real estate and reinsurance. It’s largest subsidiary, Homeowners Choice Property & Casualty Insurance Co., provides homeowners insurance primarily in Florida. HCI’s real estate subsidiary, Greenleaf Capital LLC, owns and operates multiple properties in Florida, including office buildings, retail centers and marinas. A sandy road winds past a guesthouse, nearly finished, and on to the enormous main home.
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