Global Construction Giant PCL Construction Selected for Daytona Beach Shores Luxury Tower Development

DAYTONA BEACH SHORES, Fla., Nov. 10, 2026 /PRNewswire/ -- As investment surges across Florida's coastline, Valor Real Estate Development has reached a major milestone for Aston Martin Residences, its luxury condominium development in Daytona Beach Shores, by entering into a preconstruction services agreement with PCL Construction, one of the world's leading construction firms. The partnership brings global construction expertise to the next phase of the landmark waterfront project.

As the preconstruction services partner, PCL Construction will deliver critical cost-estimation, value engineering, schedule optimization, and constructability reviews ahead of the main construction phase of the 18-story, 86-unit development. The partnership brings together Valor's vision for elevated residential living with the construction expertise of a firm whose employees have a direct ownership stake in the company and the communities where they work. 

"As we considered the right construction partner for the Aston Martin Luxury Residences, we wanted a firm that shared our commitment to quality, attention to detail and investment in the community," said Jorge Fuentes, Executive Vice President of Development, with Valor Real Estate Development.

"We sought out PCL because of their vast knowledge and global credibility to build luxury residential condos that will stand the test of time. Their firm brings exceptional local expertise and a team that understands this market, but its employee-owned structure also makes this partnership particularly meaningful. The people building this project have a personal stake in the success of their company and pride in the work they deliver and will be reflected in the quality of the Aston Martin Residences and the experience we create for its future residents."

With offices in Orlando, the selection of a locally based contractor also keeps a significant portion of the project's construction investment within the region, supporting local construction professionals, subcontractors, suppliers and other businesses involved throughout the development process.

"Our relationship with Valor Capital is one we deeply value, and we are grateful for the opportunity to continue delivering exceptional luxury developments together throughout Florida," said Chris Ritter, District Manager of PCL's Orlando office. "We are honored to be an entrusted partner with Valor on Aston Martin Luxury Residences Daytona Beach Shores. Working alongside Valor, our team is committed to delivering a residence that reflects the quality, sophistication and high standards that define this development."
Located at 3411 South Atlantic Avenue, construction is expected to begin in 2027 and be completed in 2029. The tower will also include local restaurants, and residences are currently available from $1.5 million to $10 million. 

About Valor Real Estate Development
Valor Real Estate Development brings more than four decades of experience developing iconic luxury. With over six billion in completed developments worldwide and over 15 million square feet of luxury residences, Valor developments are distinguished by partnerships with the world's most respected luxury brands and designers. We believe exceptional living requires exceptional collaborators. This is luxury redefined with a lifestyle ecosystem designed for those who understand exceptional living requires exceptional vision.

About PCL Construction
PCL Construction is one of the most respected and accomplished global construction leaders, comprising independent companies operating throughout the United States, Canada, the Caribbean and Australia. With an annual construction volume of $9.9 billion USD, PCL builds projects that shape communities and strengthen infrastructure. The company's 100% employee ownership model fuels a culture of commitment for clients in the buildings, civil infrastructure, heavy industrial and solar markets. With a strategic presence in more than 30 major centers, PCL's leadership teams consistently drive innovation and set new benchmarks for excellence, bringing unparalleled skill to every project. Watch us build at PCL.com.

SOURCE Valor Real Estate Development