VERDEX CONSTRUCTION SET TO BEGIN WORK ON THE SOVANA AT STUART

Published Wednesday, August 7, 2019


West Palm Beach, Fla.
– (August 7, 2019) – West Palm Beach-based Verdex Construction announces it has been selected to build The Sovana at Stuart, a 55+ resort-style rental community in Stuart, Florida. Developed by United Group of Companies, The Sovana at Stuart consists of 182 one- and two-bedroom apartments in three- and four-story buildings, plus a stand-alone, 15,000 sq. ft. clubhouse at 1950 Northwest Federal Highway.

Clubhouse amenities include a resort-style pool, living room with fireplace, commercial kitchen, game room, arts and crafts room, media center, fitness center and yoga studio, and on-site private salon and spa. The clubhouse also includes a pickleball court, bocce ball court and dog park, with the whole project surrounded by a nature preserve with walking trails.

“This community will help address this need for additional 55+ active living housing in Florida, and for Verdex, it marks our first project in this sector,” said Verdex Construction President Rex Kirby. “It’s also our first project for developer The United Group and we look forward to showing another client how we live up to our brand promise of “Building Something Better.”

Total construction cost for The Sovana at Stuart is estimated at $28 million, and completion is expected in late 2020.

Verdex projects currently underway or recently finished in South Florida include the Canopy Hotel in Downtown West Palm Beach; 1000 North, an upscale restaurant/club on the Loxahatchee River in Jupiter; Sabbia Beach Condominiums, a 19-story, 68 unit luxury residential tower in Pompano Beach; and the Town Southern apartments in Royal Palm Beach. 

In just four years, Verdex has grown in size and recognition to include numerous awards, including being named by GrowFL as a Florida “Company to Watch,” and Startup Business of the Year by the South Florida Business Journal.

About Verdex Construction

Verdex Construction is a privately held building contractor based in West Palm Beach, FL, led by founder and President Rex Kirby, a 35-year veteran in the construction business.  Verdex provides general contracting services to clients including preconstruction, construction management, and design-build.  Verdex is committed to “Building Something Better” through exceptional service, a fundamental focus on safety and quality, and value to owners, customers and the community.  For more information, visit www.verdex.com

 

Investors

Aerojet Rocketdyne Bank of America Baptist Health South Florida BB&T Caler, Donten, Levine, Cohen, Porter & Veil, P.A.
CareerSource Centennial Bank DePuy Synthes Power Tools, a Johnson & Johnson Company Engel & Volkers Palm Beach Equestrian Center
Florida Crystals Corporation FPL Greenberg Traurig Gunster Hardrives, Inc.
HCA Palm Beach Hospitals Hedrick Brothers Construction J.C. White JP Morgan Chase LRP Publications
MBAF Minto Communities, LLC NCCI NextGen Mgmt dba DxWeb Management, LLC Nova Southeastern University
Palm Beach Aggregates, LLC Palm Beach County Board of County Commissioners Palm Beach Park of Commerce PNC Bank Pratt & Whitney (A United Technologies Company)
Raymond James Financial Services/Boynton Financial Group, Inc. RSM South Florida Business & Wealth Magazine South Florida Business Journal TD Bank
Tortoise Properties Wells Fargo & Company Wexford Capital