Falconite Development is the largest full service development company in the Tri State Area. Falconite Development has completed over 5 Million square feet in projects in the last 30 years and currently owns, operates and manages over 1 MILLION square feet of retail, medical, office space, industrial buildings, warehouse spaces, restaurants and more. We would love to welcome your business to our growing family! There is no project too big or too small for Falconite Development, and always remember, if we don’t have it, we’ll build it!
Mike Falconite founded Falconite Development in the mid 90’s. Although he grew up in Cairo, Illinois and joined his father’s heavy equipment company, he eventually moved that company to Paducah in the 1980’s. He then grew the equipment company to span multiple states and employ 900 people. After selling the equipment company, Mike knew he wanted to invest in Paducah and hit the ground running developing shopping centers, industrial buildings, neighborhoods and and entire commercial areas, like the Strawberry Hill area so many are familiar with today. His vision for development and his ability to anticipate the future needs of a community were one of the many things that led to his success in all facets of business. Mike passed away in early 2019, and his loss touched not only his family, this company but also the community he gave so much to. His daughter Nicki, worked hand in hand with her father for many years and with that gained so much of her father’s insight and business savvy. He would be proud to know that she is continuing on with his vision.