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MIAMI-Boca Developers has named Miller & Solomon as the general contractor for The Peninsula in Aventura, a planned 29-story, 223-unit condominium community next to Williams Island on the Intercoastal Waterway in suburban Aventura, FL.

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.

For other clients, Miller & Solomon also erected Miami Beach’s landmark China Grill restaurant and Portofino Group building which boasts the tallest free-standing glass block tower in the world, according to the contracting firm. M&S also constructed the training facility for the Miami Dolphins in 1993.

The company uses a fast-track process that “speeds up the out-of-the-ground phase and makes all other phases work together toward the earliest possible completion,” Miller & Solomon CEO Donald Kipnis says in a prepared statement. “This is one of the tools that allows us to fulfill our goal of always surpassing our client’s expectations.”

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