First Phase of 1,000-Unit Complex To Rise

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RIVIERA BEACH, FL-A joint venture will begin construction within the next few weeks on Mediterranea, a 1,000-unit townhouse and villa complex on 69 acres at 3600 Mediterranea Circle.

The project is a joint venture of the Coral Gables-based Cornerstone Group and Chicago-based Randolph Equities. The first phase of the project will include 210 two- and three-bedroom residences with backyards and many with private garages. Units will range in size from 1,260 to 1,756 sf and prices will start in the mid-$200,000s. Construction is expected to be completed in August 2007. The project architect is Boca Raton-based Quincy Johnson, Jones, Myott, Williams, Acevedo, Vaughn Architects, Inc.