Workflow
JFB Construction Holdings Awarded $18 Million Contract as General Contractor for Co-Developed New Courtyard by Marriott in Olive Branch, MS
GlobeNewswire News Roomยท2025-05-07 12:00

Company Overview - JFB Construction Holdings is a construction company focused on commercial, retail, and residential property development [1][4] - The company has extensive experience in building multifamily communities, shopping centers, national franchises, and over 2 million square feet of commercial and retail space [4] Recent Developments - JFB Construction has signed a construction contract valued at $18 million to develop a new Courtyard by Marriott with 117 rooms in Olive Branch, Mississippi [2][3] - Construction is scheduled to commence by early June 2025 [2] Strategic Goals - The CEO of JFB Construction, Joseph F. Basile, III, stated that this project represents a major milestone for the company and aligns with its future goals [3] - The company is actively involved in the land acquisition process and holds an ownership position in the project location, indicating a commitment to hospitality development [3]