Naples, FL – Suffolk recently reached a construction milestone of KeyBay at Moorings Park Grande Lake, Naples’ newest luxury Life Plan Community. Lakeview will be reaching the same milestone in early October, and Monterey in December.
Suffolk celebrated the topping off of KeyBay which includes 22 residences featuring 10 Spring, 10 Cascade and two 7th floor penthouses. Soon to follow are Lakeview and Monterey, including a total of 22 Brook residences and one 7th floor Laguna penthouse in Monterey. Residences range in size from 2,776 square feet to 7,863 square feet.
Moorings Park Grande Lake is a partnership between Moorings Park Communities and luxury custom homebuilder and developer London Bay Development Group. The architect is BSSW Architects.
Situated on 55 acres just five miles from 5th Avenue, Moorings Park Grande Lake combines spectacular amenities and exceptional healthcare. The community includes luxury residences with lake views overlooking Naples Grande Golf Course, along with stunning sunset views. The beautifully designed residences are complemented by all the amazing amenities located in and around the newly opened Clubhouse at Moorings Park Grande Lake, which Suffolk also constructed.
Based on a preliminary study using the IMPLAN modeling, the project is estimated to have the following economic impact throughout the construction phase, which commenced in 2018 and will continue to the end of 2026:
• Construction impacts will be in excess of $549 million and will provide 4,798 jobs to the local economy
• At the time of full operations employment in 2025, the project will have a positive economic impact by creating 189 jobs and over $23 million annually in total economic impact
• Total impact fees from the project are $3 million
ABOUT Moorings Park Communities
Moorings Park Communities has been recognized repeatedly as the premier provider of active retirement living in Southwest Florida. And, with a 40-year tradition of excellence that is complemented by A or A+ ratings by Standards and Poor and Fitch ratings services, Moorings Park Communities helps its residents live longer, healthier, happier lives, while at the same time ensuring that their future health concerns are taken care of. For more information, visit MooringsPark.org.
ABOUT LONDON BAY DEVELOPMENT GROUP
Setting a new standard for luxury living in some of Southwest Florida’s premier locations, London Bay Development Group is focused on mixed-use development of residential and senior living communities, with an emphasis on cutting-edge design and a customer-centric approach. For more information, visit LondonBay.com.
Suffolk is a national enterprise that invests, innovates, and builds. Suffolk is an end-to-end business that provides value throughout the entire project lifecycle by leveraging its core construction management services with vertical service lines that include real estate capital investment, design, self-perform construction services, technology start-up investment and innovation research/development.
Suffolk is a national company with $4.0 billion in annual revenue, 2,500 employees and main offices in Miami, West Palm Beach, Tampa, Estero, Boston, New York, Dallas, Los Angeles, San Francisco, and San Diego. Suffolk serves clients in every major industry sector, including healthcare, science and technology, education, gaming, transportation/aviation, and commercial. Suffolk is privately held and is led by founder, chairman and CEO John Fish. Suffolk is ranked #23 on the Engineering News Record list of “Top 400 Contractors.”