Recalling an elected official in the District, especially one elected citywide, takes organization and money. The money might be coming for an effort top recall Mayor Vince Gray — and from a man that supported him in the 2010 mayoral race.

The Washington Times reported today that Don Peebles, a millionaire developer who briefly flirted with running for mayor before endorsing Gray, is pondering putting some of his significant wealth behind an effort to remove Gray from office:

The D.C. native, raised by a single mother and now the owner and CEO of the Peebles Corp., the largest black-owned real estate development company in the country, with a multibillion-dollar portfolio of luxury hotels and high-rise residential and commercial properties in the District, Las Vegas and Miami Beach, also says he now regrets not running for mayor.

Disgusted with the District’s political scandals and with what he calls “mediocre and self-serving leadership” among the city’s “entrenched” political community, Mr. Peebles told The Washington Times on Saturday that he thinks a couple of hundred-thousand dollars to back a recall effort against Mr. Gray and Mr. Brown would put them in “deep trouble.”

A Peebles spokesperson told the City Paper’s Loose Lips this afternoon that the millionaire wasn’t targeting D.C. Council Chair Kwame Brown, only Gray — which means that Brown would become mayor if the effort were successful.

Though Peebles hasn’t committed yet to financing the recall, it would be a big boost to activist Frederick Butler if he did. And despite the uncertainty of his support, he may know something of recalls. Peebles has been based in south Florida for years, and it was just last year that voters chose to remove Mayor Carlos Alvarez of Miami-Dade County from office as part of a recall that was financed by — you guessed it — a guy with a lot of money. Alvarez was recalled because gave his aides raises, pushed through a tax increase and drove around in a fancy car. Norman Braman, a billionaire car dealer, sunk over $1 million into the effort to get Alvarez recalled.

Even if Peebles does decide to put some money into recalling Gray — and that’s a big if — it will take organization that hasn’t yet been evident. As shown by a failed 2004 effort to get a slots initiative on the ballot, money alone won’t get the 45,000 signatures needed to get a recall on the ballot.