Year-end reports for FL Star, a conglomerate of real estate entities that includes development, construction and management capabilities, testify to a year of growth for the company.
“We’ve passed several milestones in 2021,” said Gary Hains, vice president of FL Star. “They make a rather impressive list that encompasses both residential and commerical ventures. To accommodate our expanded staff and effectively manage new projects, we opened a new office centrally located on Kraft Road in Naples.”
Hains notes that the company closed the sale of 66 homes in the FL Star communities and Golden Gate Estates, and sold the final home sites in Arrowhead Reserve, a neighborhood of single-family homes in Immokalee. The final home sites in Sapphire Cove, an intimate community of single-family homes in South Naples, are being released in the early months of 2022.
On the commercial side, FL Star has completed the build-out for Narrative Coffee and the total renovation for Provident Jewelry in Old Naples. The purchase of 132 acres on Greenway Road in Naples provides options for the future.
“We have expanded our management team and staff by adding a new assistant project manager, four construction managers, a new project coordinator and a controller,” Hains said. “As a part of that expansion, we have implemented new software designed to handle sustainable growth in the coming years.”
Building on the company’s success with Milano Lakes, a community of 296 apartment homes in eight buildings, FL Star has launched two new apartment communities. Construction is underway on Hammock Park, a new 265-unit apartment complex at the corner of Rattlesnake Hammock Road and Collier Boulevard in South Naples, and Vanderbilt Apartments, an intimate community of 48 luxury apartment homes at the intersection of Collier Boulevard and Vanderbilt Beach Road.
“We are pleased with the work of the year past,” Hains said. “Looking forward, we have provided the framework for the successful fulfilment of our projects.”
Lead by David Torres and Gary Hains, FL Star is a conglomerate of real estate entities. In addition to construction and development activities, the company provides management services for commercial and industrial buildings for real estate owners and condominium associations including maintenance, collection of rents and financial reporting. For more information visit FL-Star.com.