Miami-based real estate development firm BGI Companies has appointed Moss Construction as the construction management firm to complete Alba Palm Beach, a 22-story, 262-foot residential building at 4714 North Flagler Drive directly on the Intracoastal Waterway in the emerging Northwood neighborhood of West Palm Beach. Designed by Spina O’Rourke + Partners with Schmidt Nichols as the landscape architect and developed in partnership with Blue Road, Alba Palm Beach is set to deliver a boutique collection of 55 luxury residences by 2025; units are priced from $3 million and are currently 45 percent sold.
The announcement follows Alba Palm Beach’s recent procurement of its foundation work permit, allowing the project to begin construction in early 2024. Alba commenced the construction of its seawall in July 2023, which will be completed on schedule by December 2023.
As one of the southeast’s largest privately held construction firms, Moss brings almost 20 years of expertise to Alba Palm Beach across general construction, construction management, and preconstruction consulting. Ranked by Engineering News-Record as one of the top 50 general contractors, the company’s diverse portfolio encompasses many sectors, including luxury high-rise residential, landmark mixed-use developments, hospitality, and more.
“Moss brings a high caliber of product and attention to detail to each of its projects that aligns with Alba’s standards and experience we set to deliver to our residents,” said Kenneth Baboun, partner of BGI Companies and principal developer of Alba Palm Beach. “Following our exciting groundbreaking in August and recent $95 million loan, Moss is the final piece of the puzzle to deliver Alba and catapult Northwood’s development.”
“We are truly privileged to have been chosen by BGI Companies in partnership with Blue Road for this extraordinary project and we’re excited get started. Spina O’Rourke + Partners’ exceptional work in conceptualizing a sophisticated, contemporary design seamlessly harmonizes with the picturesque waterfront locale. Leveraging our extensive expertise in luxury residential projects, we are eager to bring this amenity-rich residential development to life, creating a truly extraordinary living experience for future residents,” said Matthew Marks, Construction Executive at Moss.