Meet Frank DiMaggio

As CEO of MDF Development, Frank DiMaggio has built one of Arizona’s premier luxury development firms, delivering many of the region’s most notable remodels and ground-up custom residences—projects that routinely achieve record-setting sales and redefine standards of design and execution. Recognizing a critical gap in the luxury real estate sector for representation rooted in true construction expertise, DiMaggio founded The Builders Group, a specialized real estate team offering high-level advisory paired with practical, investment-driven insight for clients navigating complex luxury assets.

Expanding his impact on the Arizona market, DiMaggio recently acquired The Agency Arizona, assuming ownership of the state’s flagship office for the globally recognized luxury brokerage. The purchase further solidifies his role as one of the region’s most influential leaders at the intersection of development, investment, and luxury real estate representation.

With more than $100 million in personal real estate investments throughout his career, DiMaggio brings a uniquely informed, investor-focused perspective to both leadership and client advocacy. In a market defined by limited inventory, aging housing stock, and rapidly evolving buyer expectations, his command of valuation, construction costs, and remodeling strategy delivers a decisive advantage to both clients and agents. His long-standing collaboration with acclaimed interior designer Lauren Wallace has produced some of the area’s most refined luxury residences, many achieving top price-per-square-foot records in Paradise Valley and Scottsdale.

DiMaggio has consistently delivered headline-making results, including the sale of Arizona’s most expensive residential lot—a 1.25-acre parcel that closed for $7 million, setting a state record of $129 per square foot for raw land and contributing to the highest price ever paid for a single residential lot at $12.5 million. He has also represented one of the highest price-per-square-foot residential sales in Phoenix history, closing a single-family home in Arcadia Proper at $1,161 per square foot.

Annual Sales Volume:

• 2020 – $105,000,000
• 2021 – $95,000,000
• 2022 – $103,000,000
• 2023 – $106,000,000
• 2024 – $83,000,000

Beyond real estate and development, DiMaggio is the creator of DiMaggio’s Italian Restaurant, a celebrated Scottsdale dining destination known for its Little Italy–style cuisine. Under his leadership, the restaurant has quickly risen to prominence, ranking as Scottsdale’s #1 Italian restaurant on OpenTable.

A former professional baseball player and a relative of New York Yankees legend Joe DiMaggio, Frank brings the same discipline, precision, and competitive drive that defined his athletic career to every facet of his business pursuits.

At the helm of The Agency Arizona, DiMaggio is focused on expanding the firm’s market influence, empowering agents, and elevating the client experience across Arizona’s most sought-after luxury markets. Through the rare combination of development expertise, elite sales performance, and deep community roots, he is uniquely positioned to lead both his organization and the Arizona luxury market into 2026 and beyond.