Pompano Beach-based Cannatelli Builders Says $3.5 Million Project will be Ready for Feb. 11, 2013 Deadline

Pompano Beach, FL, Dec. 4, 2012 – Lake Worth’s Urban Arts Lofts Townhome Project is slated for on time completion according to federal grant consortium partner and lead contractor Cannatelli Builders www.cannatellibuidlers.com The certified general contractor and the official contractor for the Florida Panthers and BB & T Center, broke ground on the $3.5 million project in April and under terms of the federal grant, the Arts Lofts must be completed by Feb. 11, 2013.

The Urban Arts Lofts project will cost up to $3.5 million and is being paid for with part of a $23.2 million federal Neighborhood Stabilization Program grant that the city’s Community Redevelopment Agency and its partners are using to buy, renovate and rebuild foreclosed homes.

“Obviously we were delighted to participate in such a meaningful project that takes blighted areas and turns them into productive living and work spaces,” said Ed Cannatelli, vice president of the Pompano Beach-based firm. “Creating an artist’s community as a redevelopment strategy is an innovative and bold move by the city. I’m confident it will be replicated in other parts of the region as well.”

Located on two sites at Lucerne Avenue and F Street, the project includes two “post modern” style buildings while a third is considered modern, with a flat roof and a modular look. A fourth will be contemporary Florida in style, with clapboard sides, trellises over the balconies and windows accented with shutters.

Actual sales prices will not be determined until after the townhomes are completed and appraised but they are expected to sell for in the range of $100,000 to $120,000.

“We have been fortunate that everything has gone according to schedule and the weather has cooperated” added Cannatelli. “This is going to be a real showcase which residents of the city will look to with a great deal of pride.”

Cannatelli Builders, an industry leader, has more than one-hundred years of combined construction experience.

“The Company has a commercial division that has produced such award winning projects as the Florida Panther’s Den of Honor which consists of 5,000 sq ft of custom display cases and state of the art lighting, audio and visual equipment and the Allied Kitchen and Bath Showroom in Ft. Lauderdale.

For additional information and photos of company projects please visit www.cannatellibuilders.com

Contact:
Public Relations:
Peter Nasca
Phone: 954-446-7060
Email: pnasca@persistencepr.com

Company to Offer Architectural Services, Construction and Interior Design at Newly Created Showroom

Pompano Beach, FL, Nov. 28, 2012 – Cannatelli Builders www.cannatellibuidlers.com certified general contractors and the official contractor for the Florida Panthers and BB & T Center, announced a new “one-stop” concept for both residential and commercial building and remodeling projects. According to the family owned-and operated company founder and vice president, Ed Cannatelli, the new concept will allow clients to get design, architectural services, construction and interior design all under one roof.

“This concept was really driven by our clients,” said Cannatelli. “Previously, we would have to outsource architectural and interior design services. Clients asked if we could provide those services under one roof to save not only time but money as well.”

Cannatelli said that after multiple requests the Company decided to go ahead with the ambitious project and opened a new showroom adjacent to its corporate headquarters.

“We have staffed up with leading professionals in all of the necessary disciplines,” added Cannatelli.  “Clients now have the ease and simplicity of sitting down and getting their entire project underway with one visit to our Pompano Beach showroom.”

Cannatelli Builders, an industry leader, has more than one-hundred years of combined construction experience.

“We take great pride in our work and recognize how critically important it is to work hand-in-hand with the client,” stressed Cannatelli. “We don’t just grab a check and run.  We become the client’s partner until the job is finished to their ultimate satisfaction.”

The Company has a commercial division that has produced such award winning projects as the Florida Panther’s Den of Honor which consists of 5,000 sq ft of custom display cases and state of the art lighting, audio, and visual equipment and the Allied Kitchen and Bath Showroom in Ft. Lauderdale.

For additional information and photos of company projects please visit www.cannatellibuilders.com

Contact:
Public Relations:
Peter Nasca
Phone: 954-446-7060
Email: pnasca@persistencepr.com

Executive Home Located on Majestic Point Lot in Pompano Beach

Pompano Beach, FL, Nov. 00, 2012 –Cannatelli Builders www.cannatellibuidlers.com , certified general contractor and the official contractor for the Florida Panthers and BB & T Center, today announced a collaborative venture with award winning jp Architectural Design www.jparchitecturaldesign.com . The two leading South Florida firms are teaming up to build a palatial waterfront home in Pompano Beach.

“It’s always a pleasure to work with true professionals like jp Architectural Design,” said Ed Cannatelli, vice president of the Pompano Beach-based firm. “Like Cannatelli Builders, they have decades of experience and a stellar reputation. Moreover they share our philosophy of working closely with the client from beginning until the completion of a project.”

The home, according to Cannatelli is located on a majestic waterfront lot on a point in Pompano Beach.

“This is a true executive home with two bedrooms and two bathrooms with a large master suite overlooking the water, a great room study and loggia spread over approximately 2,700 square feet,” Cannatelli added. “jp has done an exceptional job in the design of the home in its relationship to the lot and waterfront views.”

Jp Architectural Design is known for its innovative and award winning projects. Each project is designed with the utmost attention to detail and individuality and considered by the industry as a higher standard in design and architectural services.

“Like Ed, we approach the design of a home as a the very personal experience it is and we delight in sharing that with our clients,” said _______ jp Architectural Design” This beautiful waterfront home, like every project we are involved with, is designed to meet the needs and lifestyle of its owners while taking full advantage of the unique qualities of its environment.”

Cannatelli Builders, an industry leader, has more than one-hundred years of combined construction experience.

“The Company has a commercial division that has produced such award winning projects as the Florida Panther’s Den of Honor which consists of 5,000 sq ft of custom display cases and state of the art lighting, audio and visual equipment and the Allied Kitchen and Bath Showroom in Ft. Lauderdale.

For additional information and photos of company projects please visit www.cannatellibuilders.com

Contact:
Public Relations:
Peter Nasca
Phone: 954-446-7060
Email: pnasca@persistencepr.com

SUNRISE, Fla. – Cannatelli Builders is pleased to announced that its consortium partner, the Community Redevelopment Agency (CRA)  in Lake Worth, has been awarded a federal grant worth $23.3 million for renovating homes in a targeted area. The grant is specifically meant for use in purchasing and refurbishing some 130 residential properties within the city center.

As part of the agreement, the CRA together with its 20 non-profit partners and contractors should spend the amount within a fixed period. Half of the money should be spent in a period of two years while all necessary purchases should be completed in three years time.

Lake Worth Mayor Rene Varela is grateful and enthusiastic over this development saying that although the project is quite ambitious, they are positive about doubling or even tripling the investment. He expressed confidence that more private capital will come in to this home makeover project. City Commissioner Scott Maxwell himself echoed the same sentiment.

One of the major reasons why Lake Worth acquired a huge grant from the Housing and Urban Development (HUD) was due to its high rate of vacancy and foreclosures, a criteria covered under the agency’s Neighborhood Stabilization Program. The increase in the number of unoccupied and foreclosed homes was attributed mainly to the huge drop in home values at the height of the global recession last year.

In the target area alone where the CRA will focus its renovation efforts, there are currently 1,764 homes in place with about 130 of them in foreclosure and 206 in pre-foreclosure. However under the grant program, many of these properties will benefit from the rehabilitation works and many low income families will be able to acquire homes at a more affordable rate.

Specifically, the Lake Worth home makeover program has five objectives. These are to buy and rehabilitate 75 homes for resale; buying and renovating 25 properties for rentals; demolishing 10 homes that are no longer deemed in good condition; establishing a land bank of 30 lots that will eventually be developed into housing and providing incentives to law enforcement officers. The renovated homes and properties for resale and rentals will then go to buyers earning 50 percent and 120 percent or less of the median income in the area.

For their part, non-profit partner Adopt-a-Family of the Palm Beaches will sell homes to buyers eligible in its required income bracket while Habitat for Humanity plans to renovate homes and use some of the lots to build more new homes for people who meet certain income criteria.

The CRA’s executive director Joan Oliva also revealed their Cultural Renaissance Program still covered by the Lake Worth grant. This aims to bring in artists into the city as a way to encourage more business activities and maintain safe and sound neighborhoods.

As a consortium partner, Cannatelli Builders will be involved in the architectural design and construction process of the homes to undergo refurbishment. Being a trusted and proven contractor, the company is capable of managing all types of home remodeling projects putting emphasis always on the quality of their work.

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