JFB Construction Holdings Announces $15 Million Industrial Construction project in Charlotte NC
JFB Construction Holdings (Nasdaq: JFB) has announced its largest single commercial construction project to date - a $15 million Auto Clubhouse development in Charlotte, North Carolina. The project, set to begin in Q3 2025, includes a 103,000 square foot warehouse featuring 42 luxury auto condo bays and a 40,000 square foot storage building for luxury vehicles.
As the prime contractor, JFB will manage both design and construction. The facility will serve as an exclusive community for affluent auto enthusiasts, offering built-to-suit customizable garages with high-end security and a members' clubhouse. The company is currently constructing its first Auto Clubhouse in Jupiter, Florida, with additional locations planned in Dallas, Scottsdale, and Sarasota.
JFB Construction Holdings (Nasdaq: JFB) ha annunciato il suo più grande progetto commerciale singolo fino ad oggi: uno sviluppo da 15 milioni di dollari di un Auto Clubhouse a Charlotte, North Carolina. Il progetto, che inizierà nel terzo trimestre del 2025, comprende un magazzino di 9.580 metri quadrati con 42 box auto di lusso e un edificio di 3.716 metri quadrati per la conservazione di veicoli di alta gamma.
In qualità di appaltatore principale, JFB gestirà sia la progettazione che la costruzione. La struttura sarà una comunità esclusiva per appassionati di auto benestanti, offrendo garage personalizzabili su misura con sistemi di sicurezza avanzati e un club house riservato ai membri. Attualmente, l'azienda sta costruendo il suo primo Auto Clubhouse a Jupiter, Florida, con ulteriori sedi previste a Dallas, Scottsdale e Sarasota.
JFB Construction Holdings (Nasdaq: JFB) ha anunciado su mayor proyecto comercial individual hasta la fecha: un desarrollo de Auto Clubhouse de 15 millones de dólares en Charlotte, Carolina del Norte. El proyecto, que comenzará en el tercer trimestre de 2025, incluye un almacén de 9,580 metros cuadrados con 42 bahías de autos de lujo y un edificio de almacenamiento de 3,716 metros cuadrados para vehículos de alta gama.
Como contratista principal, JFB gestionará tanto el diseño como la construcción. La instalación servirá como una comunidad exclusiva para entusiastas de autos adinerados, ofreciendo garajes personalizables a medida con alta seguridad y un club social para miembros. Actualmente, la empresa está construyendo su primer Auto Clubhouse en Jupiter, Florida, con ubicaciones adicionales planeadas en Dallas, Scottsdale y Sarasota.
JFB Construction Holdings (나스닥: JFB)는 지금까지 가장 큰 단일 상업용 건설 프로젝트인 노스캐롤라이나주 샬럿의 1,500만 달러 규모의 오토 클럽하우스 개발을 발표했습니다. 이 프로젝트는 2025년 3분기에 시작되며, 42개의 고급 자동차 콘도 베이와 40,000평방피트(약 3,716제곱미터)의 고급 차량 저장 건물을 포함한 103,000평방피트(약 9,580제곱미터) 규모의 창고를 포함합니다.
주 계약자로서 JFB는 설계와 건설을 모두 관리할 예정입니다. 이 시설은 부유한 자동차 애호가들을 위한 독점 커뮤니티로, 맞춤형 고급 보안 시스템과 회원 전용 클럽하우스를 갖춘 맞춤형 차고를 제공합니다. 현재 회사는 플로리다 주 주피터에 첫 번째 오토 클럽하우스를 건설 중이며, 댈러스, 스코츠데일, 사라소타에 추가 지점을 계획하고 있습니다.
JFB Construction Holdings (Nasdaq : JFB) a annoncé son plus grand projet commercial unique à ce jour : un développement de 15 millions de dollars d’un Auto Clubhouse à Charlotte, en Caroline du Nord. Le projet, qui débutera au troisième trimestre 2025, comprend un entrepôt de 9 580 mètres carrés avec 42 boxes de voitures de luxe et un bâtiment de stockage de 3 716 mètres carrés pour véhicules haut de gamme.
En tant qu’entrepreneur principal, JFB gérera à la fois la conception et la construction. L’installation servira de communauté exclusive pour les passionnés d’automobiles fortunés, offrant des garages personnalisables sur mesure avec une sécurité haut de gamme et un club-house réservé aux membres. La société construit actuellement son premier Auto Clubhouse à Jupiter, en Floride, avec d’autres sites prévus à Dallas, Scottsdale et Sarasota.
JFB Construction Holdings (Nasdaq: JFB) hat sein bisher größtes einzelnes Gewerbebauprojekt angekündigt – eine 15-Millionen-Dollar-Entwicklung eines Auto Clubhouse in Charlotte, North Carolina. Das Projekt, das im dritten Quartal 2025 beginnt, umfasst ein 9.580 Quadratmeter großes Lager mit 42 Luxus-Autokondos und ein 3.716 Quadratmeter großes Lagergebäude für Luxusfahrzeuge.
Als Hauptauftragnehmer wird JFB sowohl die Planung als auch den Bau übernehmen. Die Anlage soll als exklusive Gemeinschaft für wohlhabende Autoenthusiasten dienen und maßgeschneiderte Garagen mit High-End-Sicherheit sowie einen Mitglieder-Clubhouse bieten. Das Unternehmen baut derzeit sein erstes Auto Clubhouse in Jupiter, Florida, mit weiteren Standorten in Dallas, Scottsdale und Sarasota.
- Secured largest single commercial project in company history worth $15 million
- Strategic expansion into industrial construction sector
- Pipeline of additional Auto Clubhouse projects in multiple high-growth markets
- Focusing on Southern Atlantic region with forecasted population growth
- None.
Insights
JFB secures its largest commercial project to date, positioning for expansion into industrial construction with strategic growth potential.
The
What makes this particularly noteworthy is JFB's role as prime contractor, managing both design and construction aspects. This positions them higher in the value chain compared to subcontractor roles. The project's focus on luxury auto storage demonstrates entry into a specialized niche catering to high-net-worth individuals.
The company's strategic direction is clearly articulated through their focus on the Southern Atlantic region, specifically targeting areas with projected migration and population growth. This geographical focus shows deliberate market selection rather than opportunistic project pursuit.
Beyond this single project, JFB has identified a potential growth avenue through the Auto Clubhouse concept, with similar facilities already under construction in Jupiter, Florida and planned for Dallas, Scottsdale, and Sarasota. This suggests a repeatable project model rather than a one-off development.
The transition into industrial construction could open new market segments for JFB, as explicitly stated by the CEO: "We believe that this industrial project will open the doors for more industrial projects in the future." This represents a potential diversification of their project portfolio beyond their existing commercial, retail, and residential development focus.
$15M Auto Clubhouse project significantly expands JFB's portfolio, with potential for recurring revenue through multiple planned locations.
For a company with a
The project's commencement timing in Q3 2025 provides visibility into JFB's future revenue pipeline. While specific revenue recognition patterns aren't disclosed, the substantial size suggests meaningful contribution to financial results once construction begins.
CEO Joseph F. Basile's statement that the general commercial construction division "represents a significant portion of our total revenue" contextualizes the importance of this division to JFB's overall financial performance. The Auto Clubhouse project further strengthens this key revenue contributor.
The company's disclosure of multiple planned Auto Clubhouse locations indicates potential for a series of similar projects rather than a one-time contract. The Jupiter, Florida location is already under construction, with Dallas, Scottsdale, and Sarasota in planning stages. This project pipeline suggests the potential for recurring revenue if JFB secures contracts for these additional locations.
JFB's strategic focus on the Southern Atlantic region targets areas with demographic tailwinds through "continued state-to-state migration and expanding population growth," potentially providing sustained demand for their construction services.
Construction on Auto Clubhouse Charlotte is Expected to Commence in Q3 2025
Lantana, FL, April 22, 2025 (GLOBE NEWSWIRE) -- JFB Construction Holdings (Nasdaq: JFB), a construction company focused on commercial, retail, and residential property development, today announced plans to commence, in Q3 2025, the largest single commercial construction project in company history. Pursuant to the Agreement, JFB will serve as the prime contractor to manage design and construction of Auto Clubhouse in Charlotte, North Carolina, a 103,000 square foot warehouse for car storage that contains 42 luxury auto condo bays and a 40,000 square foot storage building for luxury vehicles.
“Our general commercial construction division that has been a key component of our past growth will continue to be instrumental in the future growth of our business which represents a significant portion of our total revenue,” said CEO Joseph F. Basile, III. “The Auto Clubhouse project is our largest single commercial / industrial construction project to date, in which we will serve as the prime contractor. This is a 103,000 square foot warehouse and condos to store luxury vehicles. We believe that this industrial project will open the doors for more industrial projects in the future. Our general commercial construction division will continue to focus on the Southern Atlantic region of the United States in the short to mid-term, focusing on regions where we forecast continued state-to-state migration and expanding population growth.”
Auto Clubhouse is an exclusive community of affluent high net-worth auto enthusiasts looking to store their luxury cars. The community offers built-to-suit customizable garages, which will be also constructed by JFB Construction, with high-end security, a members’ clubhouse and additional benefits. The first Auto Clubhouse is under construction in Jupiter, Florida. The Company is currently in planning stage for the building of additional Auto Clubhouse locations in Dallas, Texas, Scottsdale, Arizona, and Sarasota, Florida.
About JFB Construction Holdings
JFB Construction Holdings (“JFB”) offers generations of combined experience in residential and commercial construction and development. Having the experience of building Multifamily communities, Shopping Centers, National Franchises, exclusive estate & equestrian homes, and over 2 million square feet of commercial and retail. JFB provides hands-on, professional expertise, which has led to the quality and production we are known for.
JFB’s reputation has been built on its clients' trust and the value it brings to each project.
JFB is proud that most of its projects are obtained through
CAUTIONARY STATEMENT CONCERNING FORWARD-LOOKING STATEMENTS
This press release contains “forward-looking statements”. You can identify forward-looking statements as those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. The reader is cautioned not to rely on these forward-looking statements. Actual results could vary materially from the expectations and projections of JFB Construction. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including statements regarding the use of proceeds from the sale of our shares in the Offering; and the uncertainty regarding future commercial success. These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking statements discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties and assumptions about us, including those described in JFB Construction’s prospectus filed with the SEC. We do not undertake to update any forward-looking statement as a result of new information or future events or developments, except as required by U.S. federal securities laws.
JFB Construction Holdings Contact:
Joseph F. Basile, III
561-582-9840.
joe@jfbconstruction.net
Investor Relations Contact:
CORE IR
Mike Mason
516 222 2560
investors@jfbconstruction.net
FAQ
What is the value and size of JFB Construction's new Auto Clubhouse project in Charlotte?
When will JFB Construction begin work on the Charlotte Auto Clubhouse project?
Where are the other planned Auto Clubhouse locations by JFB Construction?
What features will the JFB Construction Auto Clubhouse in Charlotte include?
Which geographical region is JFB Construction focusing on for future growth?
