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JFB Construction Holdings Awarded $6.7 Million Contract as General Contractor for Courtyard by Marriott Conversion and Remodel
Globenewswire· 2025-05-13 12:00
Company Overview - JFB Construction Holdings is a construction company focused on commercial, retail, and residential property development [1] - 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 has signed a contract to convert and remodel an existing Holiday Inn to a Courtyard by Marriott in Melbourne, Florida, valued at $6.7 million [2] - Construction is expected to commence in the third quarter of 2025 [1][2] Strategic Positioning - This project marks JFB's second collaboration with Marriott Hotels, reinforcing its position in the hospitality development sector [3] - The CEO expressed confidence that successful project completion will foster a long-term relationship with Marriott and lead to additional opportunities [3] Reputation and Client Trust - JFB's reputation is built on client trust and the value it brings to projects, with most projects obtained through referrals and repeat customers [5] - The company has provided general contracting and construction management services across 36 U.S. states [5]
JFB Construction Holdings Awarded $18 Million Contract as General Contractor for Co-Developed New Courtyard by Marriott in Olive Branch, MS
GlobeNewswire News Room· 2025-05-07 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]