First Florida: Florida's Leading General Contractor for Multi-Family Housing
First Florida offers competitively priced commercial construction for discerning developers of multi-family housing. Since our inception in 1963, we have built over 10,000 housing units and 3,500 hotel rooms throughout the United States and the Caribbean.
Multi-family housing is our business.
We have the experience, the people, the financial strength and the track record of success in affordable housing and market-rate housing markets to consistently outperform our competitors. Talk to our clients and you will find that we bring projects in on budget and on time. We build HUD, 221, D-3, D-4, Davis Bacon and tax credit work. We perform negotiated work and hard bid projects.
We keep operating costs low.
Because we understand the financial demands on our clients, our corporate culture is built around a commitment to control our operating costs. In the last five years, we have built six million square feet of apartments with an office staff of only twelve people. As a result of our low overhead, we have the ability to spend on compensation and benefits, which reduces staff turnover and fosters a culture of teamwork, communication and interaction among staff.
Our top management is accessible.
The lack of management layers at First Florida means issues that need solutions go straight to top management with no frustrating bureaucracy. We maintain a scale of operations that enables our company principals to be involved in all aspects of our client relationships. We personally negotiate, estimate, subcontract and inspect each construction project. This allows for tighter controls and better interaction with clients and subcontractors. It also allows us to complete projects of a higher quality with fewer problems along the way.
Our people are the best. We are fast and efficient.
At First Florida, we believe that our people are our most important asset. A stringent screening and hiring process helps us to consistently hire the best people in the industry. And we keep them. We invest our profits in our talented staff and as a result, we have one of the highest employee retention rates anywhere. That translates to speed and efficiency in the building process and consistency in the people you deal with at First Florida.
Our finances are among the strongest in the industry.
Many local general contractors lost value caused by the housing crisis. But the stability of the Affordable Housing market has contributed to a bottom line at First Florida that is healthier than ever. This results in a strong cash flow position and the ability to maintain a solid record of prompt payment to suppliers and subcontractors. We are proud to work with some of the best subcontractors in Florida and we work hard to have them enjoy working with us. Our strong financial position also assures that we have the bonding capacity to build the jobs we want to build.