PRESS RELEASE: Allied Capital & Development of South Florida and Moss & Associates to Start Town of Jupiter Riverwalk Addition at Harbourside Place Mega Complex

JUPITER, FL. — June 21st, 2011 — Moss & Associates has been awarded an initial contract in the mega complex known as Harbourside Place to construct an extension of the Riverwalk at Harbourside, in the Town of Jupiter. The initial contract was awarded by the Northern Riverwalk Community Development District. The project, located at Indiantown Road and U.S.1, includes a 1,100-foot pedestrian promenade along the Intracoastal Waterway as well as a new seawall and public dock system.

The new design-build seawall composed of a cold-formed cantilevered sheet pile design by Coastal Systems International, Inc and cast-in-place bulkhead system will also span approximately 1,100 +/- linear feet. Included is an adjacent public dock area with 209 linear feet of marginal dock with nine public boat slips for a total of 1,164 square feet.

“The development is certainly going to be a regional destination for Jupiter’s residents and tourists alike” said Nick Mastroianni, Developer of the Harbourside Place. Phase one will be to build the Riverwalk, which includes installing benches, shade structures, and decorative lighting. It’s going to be a beautiful public amenity where people will be able to come and enjoy the Intracoastal Waterway. “We are excited to be a part of this transformational project in the Town of Jupiter” said Scott Moss, President Moss & Associates.

Groundbreaking for the Riverwalk at Harbourside Place Jupiter and the adjacent $144 million mix-use development of Harbourside Place will take place June 28. Moss will begin construction of the Riverwalk component on July 1. The initial project is slated for completion by March 2012, and the overall mega development is slated for completion October 2013. Moss will work with the developer of the project, Allied Capital and Development of South Florida LLC, as well as local landscape architects Gentile Holloway O’Mahoney & Associates on the project.

Allied Capital & Development of South Florida specializes in developing and building commercial and residential real estate with the highest standards of quality and construction. Led by industry veteran Nicholas Mastroianni II, the firm’s extraordinary vision for building the right projects in the ideal locations has resulted in a stellar record of success. Headquartered in Palm Beach Gardens, Florida, Allied brings extensive experience, proven knowledge and outstanding personal service to every project. Partnering with the industry’s top architects, planners and contractors, the firm is renowned for developing exceptional properties that complement their communities. Working seamlessly with government agencies for planning approvals, the firm streamlines the entire construction process and demonstrates its environmental responsibility by incorporating green building practices into every facet of development.

Moss & Associates is a privately held construction company that is ranked among the nation’s top 100 building contractors and seventh largest in Florida with annual revenues topping $649 million. Through its headquarters in Fort Lauderdale, and regional offices in Miami, Tampa, Clearwater, Ocala and South Carolina, our firm provides design-build, general construction, construction management and preconstruction consulting services throughout the United States, Bahamas and Caribbean.

Collaborating for nearly two decades, the principals at Moss have developed a track record and reputation for delivering technically and logistically challenging projects for many well-known public and private organizations. The company’s diverse portfolio ranges from major landmark mixed-use developments and luxury high-rise residential facilities to a myriad of hotels, commercial office buildings, educational and higher learning institutions, biotechnology and healthcare complexes, retail establishments and correctional facilities.