JFB Construction Holdings Announces Commencement of a $21 Million Construction Contract, Largest in its History
JFB Construction Holdings (Nasdaq: JFB) has secured its largest-ever single construction contract, valued at $21 million, for The Preserve at Port Salerno development in Florida. The project, set to begin by May 1, 2025, involves constructing 79 luxury townhome units with clubhouse and pool amenities.
As the general contractor, JFB will oversee the development of upscale two-story rental townhomes ranging from 1,600 to 1,700 square feet. The Preserve at Port Salerno features earth-friendly amenities and is strategically located near the Intracoastal Highway, Atlantic Ocean, and Stuart Airport.
JFB Construction Holdings (Nasdaq: JFB) ha ottenuto il suo più grande contratto di costruzione singolo, del valore di 21 milioni di dollari, per lo sviluppo di The Preserve a Port Salerno in Florida. Il progetto, che inizierà entro il 1 maggio 2025, prevede la costruzione di 79 unità abitative di lusso a schiera con club house e piscina.
In qualità di appaltatore generale, JFB supervisionerà lo sviluppo di eleganti case a schiera in affitto su due piani, con superfici che variano tra 1.600 e 1.700 piedi quadrati. The Preserve a Port Salerno offre servizi ecologici ed è situato strategicamente vicino alla Intracoastal Highway, all'Oceano Atlantico e all'aeroporto di Stuart.
JFB Construction Holdings (Nasdaq: JFB) ha asegurado su contrato de construcción individual más grande hasta la fecha, valorado en 21 millones de dólares, para el desarrollo The Preserve en Port Salerno, Florida. El proyecto, que comenzará antes del 1 de mayo de 2025, consiste en la construcción de 79 unidades de casas adosadas de lujo con club social y piscina.
Como contratista general, JFB supervisará el desarrollo de casas adosadas de alquiler de dos pisos y alto nivel, con tamaños que van de 1,600 a 1,700 pies cuadrados. The Preserve en Port Salerno cuenta con comodidades ecológicas y está estratégicamente ubicado cerca de la autopista Intracoastal, el Océano Atlántico y el aeropuerto de Stuart.
JFB Construction Holdings (나스닥: JFB)는 플로리다 포트 살레르노에 위치한 The Preserve 개발을 위한 사상 최대 단일 건설 계약을 2100만 달러에 체결했습니다. 이 프로젝트는 2025년 5월 1일까지 시작될 예정이며, 클럽하우스와 수영장 시설이 포함된 79개의 고급 타운홈 유닛을 건설하는 내용입니다.
종합 건설사로서 JFB는 1,600에서 1,700평방피트 규모의 고급 2층 임대 타운홈 개발을 총괄할 예정입니다. The Preserve at Port Salerno는 친환경 편의시설을 갖추고 있으며, 인트라코스탈 하이웨이, 대서양, 스튜어트 공항 근처에 전략적으로 위치해 있습니다.
JFB Construction Holdings (Nasdaq : JFB) a obtenu son plus grand contrat de construction unique à ce jour, d'une valeur de 21 millions de dollars, pour le développement The Preserve à Port Salerno, en Floride. Le projet, qui doit débuter avant le 1er mai 2025, consiste en la construction de 79 unités de maisons de ville de luxe avec club-house et piscine.
En tant qu'entrepreneur principal, JFB supervisera le développement de maisons de ville locatives haut de gamme sur deux étages, allant de 1 600 à 1 700 pieds carrés. The Preserve à Port Salerno propose des équipements respectueux de l'environnement et est stratégiquement situé à proximité de la Intracoastal Highway, de l'océan Atlantique et de l'aéroport de Stuart.
JFB Construction Holdings (Nasdaq: JFB) hat seinen bisher größten Einzelbauauftrag im Wert von 21 Millionen US-Dollar für das Projekt The Preserve in Port Salerno, Florida, gesichert. Das Projekt soll bis zum 1. Mai 2025 beginnen und umfasst den Bau von 79 luxuriösen Reihenhaus-Einheiten mit Clubhaus und Pool.
Als Generalunternehmer wird JFB die Entwicklung von gehobenen, zweistöckigen Miet-Reihenhäusern mit einer Größe von 1.600 bis 1.700 Quadratfuß überwachen. The Preserve in Port Salerno bietet umweltfreundliche Annehmlichkeiten und liegt strategisch in der Nähe des Intracoastal Highways, des Atlantischen Ozeans und des Flughafens Stuart.
- Secured largest single contract in company history worth $21 million
- Strategic expansion into larger multi-family residential developments
- Project demonstrates capability to manage larger-scale construction contracts
- None.
Construction on 79-Unit Development, The Preserve at Port Salerno, Expected to Commence by May 1, 2025
Lantana, FL, April 16, 2025 (GLOBE NEWSWIRE) -- JFB Construction Holdings (Nasdaq: JFB), a construction company focused on commercial, retail, and residential property development, announces that it is commencing the largest single multi-family development construction contract in company history, valued at
“We believe that the increased proliferation of larger multi-family residential developments such as condominiums and townhouses will be instrumental in JFB’s growth,” said CEO Joseph F. Basile, III. “The Preserve project agreement, our largest single contract ever in which we will serve as the general contractor, is a 79-unit townhome development with an additional community clubhouse and amenities with a designated preserve area. We believe projects such as this one will be key to our future success, providing increased opportunity to manage larger construction projects and establish our continued leadership among our regional competitors in managing jobs at this scale.”
The Preserve at Port Salerno is a new luxury townhome project of upscale two-story rental townhomes ranging from 1600 to 1700 square feet, located within quiet Port Salerno / Stuart, Florida. The community offers luxurious yet earth-friendly amenities and is located within minutes of the Intracoastal Highway, Atlantic Ocean, and Stuart Airport, providing effortless access to the South Florida urban-coastal lifestyle.
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
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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
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