Coll Townhomes is the working name of a new group of houses coming soon to the Princeton, FL, area. The development will comprise 68 multi-family units, each measuring two stories above grade.
Per the Construction Journal’s estimates, in total, the project will cost a total of $10 million to complete. The project is just in its infancy, just having reached the “site acquisition” stage.
An aerial view of the proposed neighborhood
Presently, the project is owned by Alco International Group LLC. The real estate developer, located out of Fort Lauderdale, has constructed projects in the U.S., as well as Venezuela and Panama.
Some of their notable projects include the Double Tree Fort Lauderdale International Airport Hotel and Adagio on the Bay, a luxury housing development.
The townhouses will be located along this street
The Construction Journal notes that in total, the homes will comprise approximately 54,782 square feet of new construction. The mid-sized units will range anywhere from 1,400 to 1,778 square feet each.
If the plan moves forward, the houses’ prices will be contingent on the housing market at the end of construction. The goal is to provide affordable housing to those living in South Miami.
The townhomes will be located in this general area, per Google Maps
At the time of publication, the prospective construction bidders included All Star Flooring, Paul’s Stonetree Fence System Inc., and FirePak, Inc. The development, per Google, will be located at 24040 SW 129th Avenue, Homestead, FL, 33027.
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