JFB Construction awarded $6.7M contract as contractor for Marriott remodel

JFB Construction (JFB) announced that it has signed a contract to develop a project for Marriot (MAR) Hotels in Melbourne, Florida. The project is a conversion and remodel of an existing Holiday Inn to a Courtyard by Marriott in Melbourne, Florida. The contract is valued at $6.7 million, with construction scheduled to begin in the third quarter of 2025. “This is JFB’s second recently announced project for Marriott Hotels and further establishes our position as growing towards becoming a leading force in the hospitality development sector,” said CEO Joseph Basile, III. “Courtyard by Marriott is a nationally recognized brand of hotels, and we believe that the successful completion of this project will lead to a long-term relationship and the opportunity to participate in similar additional projects in the future.”