Lantana, FL, April 22, 2025 (GLOBE NEWSWIRE) -- JFB Construction Holdings (Nasdaq: JFB), a prominent player in the construction industry specializing in commercial, retail, and residential property development, has announced plans to embark on what is poised to be the largest single commercial construction project in the company's history. Set to commence in the third quarter of 2025, this ambitious initiative involves the Auto Clubhouse in Charlotte, North Carolina. The project will encompass an impressive 103,000 square foot facility dedicated to car storage, featuring 42 luxury auto condo bays and an additional 40,000 square foot storage building specifically designed for luxury vehicles.

CEO Joseph F. Basile, III emphasized the importance of the company's general commercial construction division, which has been integral to its past success and is expected to continue driving growth in the future. "The Auto Clubhouse project marks our largest commercial and industrial construction endeavor to date, solidifying our role as the prime contractor for this significant project. With a total area of 103,000 square feet dedicated to both warehouse and luxury vehicle condos, we are confident that this industrial venture will pave the way for additional industrial opportunities in the future," Basile stated. He also highlighted that the company intends to maintain a focus on the Southern Atlantic region of the United States in the short to mid-term, targeting areas where there is a forecasted influx of population due to state-to-state migration.

The Auto Clubhouse is envisioned as an exclusive community catering to affluent auto enthusiasts who seek a secure and luxurious environment to store their prized vehicles. The community will feature customizable garages tailored to individual preferences, all constructed by JFB Construction. In addition to these top-tier storage facilities, the site will include high-end security measures, a members clubhouse, and various exclusive benefits designed to enhance the lifestyle of its residents. Currently, the first Auto Clubhouse is being built in Jupiter, Florida, while plans are already in motion for future locations in Dallas, Texas, Scottsdale, Arizona, and Sarasota, Florida.

About JFB Construction Holdings
JFB Construction Holdings, commonly referred to as JFB, boasts generations of combined experience in both residential and commercial construction and development. The company has established a solid reputation through its extensive portfolio, which includes multifamily communities, shopping centers, national franchises, and high-end estates, amounting to over 2 million square feet of commercial and retail space. JFB prides itself on delivering high-quality craftsmanship and professional service, a commitment that has fostered a strong trust among its clients.

Notably, a significant portion of JFB's projects are secured through referrals and repeat business from satisfied customers, underscoring the high level of client satisfaction that the company strives to maintain. To date, JFB has successfully provided general contracting and construction management services across 36 U.S. states.

CAUTIONARY STATEMENT CONCERNING FORWARD-LOOKING STATEMENTS
This press release contains certain forward-looking statements. Such statements can be identified as those that are not historical in nature, especially those that use terms such as may, should, expects, anticipates, contemplates, estimates, believes, plans, projected, predicts, potential, or hopes, or their negatives. Readers are cautioned not to place undue reliance on these forward-looking statements, as actual results may differ significantly from the projections and expectations of JFB Construction Holdings. These statements are based on our current expectations and projections regarding future events, derived from the information presently available. Factors affecting future performance include uncertainties associated with our commercial success and other risks, which are detailed in JFB Constructions SEC prospectus. We do not undertake to update any forward-looking statements unless required by U.S. federal securities laws.

For further inquiries, please contact:
Joseph F. Basile, III
561-582-9840
joe@jfbconstruction.net