Biography
     
   
     

Personal Biography:
Race Car Driver, Developer, Stock Trader, and Entrepreneur. These are a few words to describe Chapman Ducote’s myriad of business venture accomplishments and athletic talents. Over the past decade Chapman has accomplished a multitude of deals, ranging from real estate investing and developing to building and maintaining several of his own companies. After having much success at an early age, Chapman will now again focus on his real passion, racing.

A Brief History:
After Graduating from the University of Miami in three years, Chapman went immediately to work in investment banking. After a brief one year stint with Jeffries and Company, Chapman went on to money management and day trading with CIBC Oppenheimer. After a four year run in the stock market, Chapman saw the writing on the wall and knew a crash was imminent. He quickly sold most of his positions and decided he would pursue a creative zest he has always possessed: real estate development.

Key Projects:

Brooklyn:
His first, and probably most recognized project was, The Brooklyn Hotel. Built to preserve the historical façade, Chapman created interior spaces and rooms that many hoteliers have copied. This chic, boutique property was truly a pioneer as it was only the second condo hotel in Miami Beach at the time.

Pelican:
During construction of the Brooklyn, Chapman took on a huge project, The Pelican Parking Garage. This 7 story garage, with an attached retail center was an extremely high profile project because of the high demand for parking in Miami Beach. Chapman negotiated a land deal with the City of Miami Beach, which at the time was a very difficult feat to accomplish. Chapman succeeded with the planning board, and was able to get the Pelican out of the ground. Today, The Pelican Garage boasts record parking revenue and includes several solid retail tenants.

Sky Lofts:
The first Chad Oppenhiem high rise, Sky Lofts is a 20 story waterfront tower. Chapman purchased a beautiful one acre waterfront parcel on which to create this, and after full development of the pre-construction process, including obtaining building permits, Chapman was able to sell the project for a profit.

Coral Cay:
The most unique of all Chapman’s projects…a private island in the Bahamas. An avid diver and spear fisherman, Chapman spent much of his free time in the Bahamas. He purchased a 4 acre island one mile from the world famous, Harbour Island, Bahamas. Chapman constructed a beautiful home to include a caretaker cottage, cabana, negative edge pool, private beach, boat dock and every other amenity you could think of Chapman successfully rented the island out to several of the country’s rich and famous, (Robert Dinero dons his guest list). Chapman decided to sell the island when one of his patrons made him an offer he couldn’t refuse.

Condo Speculation:
Towards the end of his stock trading days Chapman knew there was money to be made in condo speculation. Ahead of the trend, Chapman bought and sold over 20 units in all of the best South Point buildings, including Portifino, Yacht Club, and Murano. He stopped speculation completely in 2003 and sold all of his holdings for a profit.

Iguana Point:
Boat dockage is very sought after in South Florida. Yacht dockage is even harder to find. Chapman developed Iguana Point. A one acre piece with 300 feet of new river frontage in Ft. Lauderdale. The property has a pool, Jacuzzi, and cabana facility for his yacht tenants to enjoy, of which there are five. Tenants seem to enjoy this facility more than a traditional marina as there is a waiting list to get in.

Current Development:

Chapman is currently developing several “flex-space” projects both in North Miami and Downtown Miami. This flex-space concept is well received by the commercial market and is becoming a sought after product.

Krome, Self Tanning Spray:

“You look better tan” is the slogan for this cutting edge self tanning product which Chapman created in 2004. Krome is a Self tanning spray that is used by individuals around the globe. Its unique formula allows you an instant tan that last for 7 days. Chapman created this company because he realized the damaging effects of the sun, but still enjoyed a good tan. The world is starting to understand this and the product sales reflect his vision.

Merchant Services LTD:

The primary sponsor of the Chapman's racing efforts is Merchant
Services LTD, a credit card processing company. Through this
relationship/partnership Chapman has personally thrust himself deep into the
merchant processing business. He actively recruits and converts hundreds of
millions of processing dollars annually.  He has an entire division in his
office that does nothing but merchant processing, in addition to the 350+
employees at Merchant Services LTD. Chapman and his company specializes in high volume merchants, if you process credit cards, he will save you money.

More details online: www.weproccesspayments.com



Professional Race Car Driver:

Despite his several entrepreneur interests, Chapman is a serious Professional Race Car Driver. His career began in 1994 but has just recently become a full-time job. He is competitively campaigning two series’ simultaneously. Please find separate racing resume attached.