New Construction Projects in Key Largo, Florida

Project 1: Gorman & Company Workforce Housing Project (Roebling Properties / formerly referenced as Divers Cove)

• Developer: Gorman & Company LLC
• Location: 95325 & 95351 Overseas Highway (MM 95.3, oceanside), Key Largo, FL
• Type: Multifamily Townhomes / Residential (workforce housing)
• Units/Size: 81 units (79 affordable workforce + 2 market-rate); 40 duplex townhome buildings (primarily 2- and 3-bedroom units)
• Status: Design phase / Pre-construction (planning commission approval received)
• Expected Completion: Mid-2028 (construction targeted to begin end of 2026)
• Description: Development of affordable workforce housing townhomes with community amenities including a pool, fitness facility, pickleball court, community building, and boat ramp access. Targeted at moderate-income local workforce households (at least 70% of income from Monroe County employment). Located adjacent to Southcliff Estates.[1][1]

Project 2: Southcliff Estates Expansion

• Developer: Monroe County (acquired from South Cliff Holdings LLC / original developers Richard Riehl and Frank Pla)
• Location: 95295 Overseas Highway (MM 95.2, oceanside), Key Largo, FL
• Type: Residential (apartments / workforce housing)
• Units/Size: 16 additional units (on top of 12 existing completed units)
• Status: Planning / RFP stage for design, build, and management
• Expected Completion: Not publicly specified (part of completing the overall site)
• Description: Expansion of an existing county-owned workforce housing development for tourism industry employees, with infrastructure already in place for additional units. The county purchased the site in 2025 using bed tax surplus funds.[2][2]

Additional notes: - Other activity includes smaller-scale efforts such as Upper Keys Habitat for Humanity projects (e.g., replacement homes on Hibiscus Lane) and expansions like 12 new suites at Baker’s Cay Resort or the new interpretive center at John Pennekamp Coral Reef State Park (public/commercial, ~20,619 sq ft, construction starting ~May 2026).[3][4] - No large-scale condo, mixed-use, or major commercial residential projects beyond the above were identified in verifiable recent sources. Individual new single-family homes appear on the market but do not constitute named development projects. - Information is based on county planning documents and local news as of the current date; many proposals remain in early stages due to Keys-specific regulations (e.g., ROGO allocations, Live Local Act). Limited public information available on additional projects.