George T. Farrell III, Founder

George T. Farrell III was a pioneering real estate developer and the founder of Milmarson International Development (MID). His extensive career in property development spanned over four decades, during which he completed a series of influential projects, shaping communities and establishing a lasting legacy in urban development.
George began his career with a landmark project in 1983, the renovation of the Historic Anthony Bowen YMCA in Washington, DC. The $1.5 million restoration transformed the building into a vital community hub, fostering youth programs and recreational services. This early project was emblematic of his commitment to preserving community heritage while modernizing key structures to benefit local residents.
In the years that followed, George continued to make a significant impact in the development sector, overseeing the creation of luxury housing communities, including the Lake Arbor Luxury Home Development in Prince George’s County, Maryland. From 1984 to 1995, he was responsible for the construction of 400 homes, turning Lake Arbor into a sought-after neighborhood. His visionary approach, focusing on the underserved market of professional African Americans, proved groundbreaking, providing these buyers with luxury homes in a previously untapped market.
George’s influence extended to various other development projects, including the Channing Townhomes in Washington, DC, and the Shirlington Townhomes in Northern Virginia. These developments were designed to offer affordable housing options in urban areas, making homeownership accessible to diverse populations.
His entrepreneurial spirit also led to the renovation of the Royal Theater Boys and Girls Club in St. Petersburg, Florida, a project which included state-of-the-art upgrades like a performing arts stage and a movie screen, as well as educational and community-focused spaces.
Through MID, George Farrell’s leadership continued to guide transformative projects in both the United States and Costa Rica, impacting local economies and communities. His innovative approach to development, always rooted in a commitment to enhancing the quality of life for residents, has left an enduring legacy. George passed away in 2023, but his contributions to the real estate industry and the communities he helped shape remain a testament to his vision and dedication.