The 47-year-old contracting firm didn't disclose the construction cost of the project in a prepared statement. But area construction industry estimators tell GlobeSt.com on condition of anonymity the venture couldn't be built for less than $200,000 per unit or an estimated $50 million.
The value of Miller & Solomon's contract was also not disclosed.
Residences are priced from $500,000 to $1.5 million. This will be Miller & Solomon's fourth job for Boca Developers. The contractors put up Mizner Grand Phase I and II and Townsend Place, both in Boca Raton, FL, 70 miles north of Downtown Miami.
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