Draft:Yamal Yidios

Yamal Yidios is a Colombian-American businessman and engineer known for founding Ytech, a luxury real estate and property development firm based in Miami, Florida.

Early life and education
Yidios was born and raised in Cartagena, Colombia. In his youth, Yidios attended an American english-speaking school while living in Colombia (George Washington School).

Yidios began his college experience studying Physics and Financial Mathematics at Stetson University, focusing on physics and financial mathematics, where he also played NCAA tennis. He studied civil and structural engineering at the University of Florida, and continued on to earn his master’s degree in engineering and urban development. He eventually earned his executive’s master degree at Harvard Business School. Yidios also completed education at London’s Royal College of Art, focusing on architecture and design thinking.

Career
Yidios worked for various property development firms, earning 5 years of experience before founding Ytech, a luxury real estate and property development firm. He is also active within various organizations, including the Urban Land Institute’s Southeast/Caribbean Advisory Board, the Harvard Alumni Real Estate Board, and the Coral Gables Museum. Yidios is a member of the Young Presidents' Organization, the Latin Builders Association, and the American Society of Civil Engineers.

Ytech
Ytech was founded by Yidios in 2008, amidst the financial crisis at the time. The company focuses predominantly on the development of luxury residences in urban centers. The company is responsible for structures within Miami’s Brickell neighborhood, including the Residences at 1428 Brickell the Nolan House mansion, one of the few remaining structures from Miami’s original Millionaire’s Row, and 1500 Brickell Avenue, known as Chateau Petite Duoy. As of October 2022, Ytech has developed more than 7,000 residential units in the Southeastern United States with an investment of $2 billion. The company has a development pipeline of more than $3 billion luxury condos.

1428 Brickell
In January 2017, Yidios bought 1428 Brickell out of foreclosure, totaling $26.5 million and “tens of millions more” to settle claims and non-real estate matters. In an interview with Forbes, Yidios announced plans to re-develop 1428 Brickell into the first high-rise residential tower in the world that runs partially on solar energy, and the first to use photovoltaic glass. The 70-story tower was designed by ACPV Architects Antonio Citterio and Patricia Viel, based out of Milan.

Personal life
Yidios is married to his wife, Vanessa Moorefield-Yidios. They have three children.

In 2021, Yidios sold his penthouse at Grovenor House in Coconut Grove for $7.7 million.

In March 2022, Yidios sold his Brickell penthouse at the Four Seasons Residences for $11 million, a 150% gain from what he had paid the year prior. He then purchased a combined unit on Fisher Island in Miami Beach for $17.5 million.