Global investor Vazgen Gevorkyan and developer Gevorg Shahbazyan join forces on the mixed-use 21 Hollywood project, open to EB-5 investors

South Florida’s luxury real estate market is entering a new era shaped by international capital and visionary leadership. Among those driving this transformation are Vazgen Gevorkyan, global investor and founder of Evocabank, and Gevorg Shahbazyan, accomplished developer, founder, and CEO of Starlife Group. Together, they are combining their complementary strengths to lead the development of 21 Hollywood, a luxury mixed-use project that blends bold design and global investment with a commitment to long-term community impact.

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Born in Armenia, Gevorkyan has built a global reputation in industries such as infrastructure, digital banking, and hospitality. His work in financial innovation and cross-border ventures has earned recognition as an international business leader and provides a unique perspective on capital strategy and global growth.

Shahbazyan, also of Armenian heritage, has rapidly established Starlife Group as a rising force in South Florida and Europe. At just 31, he leads a fully integrated real estate company with a portfolio spanning large-scale multifamily developments, luxury residences, and mixed-use projects. His disciplined execution and visionary approach have earned him accolades, including Young Developer of the Year (2025) from the Red Awards and admission to Harvard Graduate School of Design’s prestigious Advanced Management Development Program (AMDP) for global real estate leaders.

For both men, the partnership is more than a business alliance.

“Capital builds structures, but shared vision builds legacies,” said Gevorkyan. “Gevorg and I each bring different experiences to the table – global business for me, and proven development expertise for him. Together, we can amplify what we might accomplish individually.”

Shahbazyan agrees. “Vazgen’s global reach and strategic insight expand the scale of opportunity, while Starlife’s established development platform allows us to turn those ideas into reality – two forces coming together and complementing each other to build something greater, side by side.”

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This dynamic creates a balance of mentorship and mutual learning. Gevorkyan’s guidance enriches Starlife’s global strategy, while Shahbazyan’s on-the-ground experience and market knowledge help translate big-picture ideas into concrete results. Their collaboration reflects a shared belief that purpose-driven development and international capital can shape landmark projects.

Located in the heart of South Florida, 21 Hollywood is a multiple award-winning mixed-use development featuring more than 200 luxury residences, 10,000 square feet of commercial space, and a suite of amenities designed for today’s residents and international investors. Designed as a destination, it unites residential, retail, and leisure in one transformative address.

The project is structured to welcome EB-5 investments. The U.S. government’s EB-5 program allows qualified investors and their families to pursue permanent residency by investing in commercial enterprises that create at least 10 full-time American jobs, like 21 Hollywood.

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“EB-5 plays a critical role in connecting us with visionary investors around the world,” said Shahbazyan. “For many families, it represents not just a financial investment, but a pathway to opportunity and community in the United States.”

For international investors, 21 Hollywood offers the chance to be part of a development shaping the future of South Florida while aligning with long-term investment and lifestyle goals. For Gevorkyan and Shahbazyan, it embodies their shared philosophy: true luxury lies not only in design, but in building with purpose.

For more information about 21 Hollywood and the EB-5 investment program, visit https://21hollywood.com/p/eb-5/ to schedule a consultation.

The Mentor & Visionary Behind South Florida's Next Luxury Icon

About Starlife Group

Based in Miami, Florida, Starlife Group is a pioneering force in real estate development, construction, and investment. Its expertise spans residential and commercial sectors, as well as comprehensive asset management. Starlife Group is dedicated to transforming spaces and communities through strategic planning and innovative design, and a forward-thinking approach.

Since its founding, Starlife Group has evolved into a fully integrated real estate powerhouse, overseeing all aspects of development, sales, construction, lending, and capital ventures. Its portfolio spans South Florida and Europe and includes large-scale multifamily projects, mixed-use developments, luxury spec homes, townhouses, and commercial properties.

Founder and CEO of Starlife Group and Companies, Gevorg Shahbazyan, was named Young Developer of the Year (2025) by the Red Awards and was recently enrolled in the prestigious Advanced Management Development Program (AMDP) at Harvard Graduate School of Design, an exclusive executive program designed for global leaders in real estate and the built environment. To learn more, visit www.thestarlifegroup.com.