Month: September 2021

Construction input prices declined 0.6% in August compared to the previous month, according to an Associated Builders and Contractors (ABC) analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released Sept. 10. Nonresidential construction input prices fell 0.4% for the month.Despite the monthly decline, construction input prices are... Continue reading

Fort Lauderdale-based Affiliated Development has started construction on an $81 million mixed-income workforce housing project, The Grand in downtown West Palm Beach. The eight-story building will have 310 apartments and townhouses, with ground floor commercial space. “Affiliated Development’s $81 million investment into the city’s historic Northwest community represents the single... Continue reading

B&I Contractors Human Resources Director Mchael Biskie has been appointed to the State of Florida Credentials Review Committee. This new committee will serve under the Reimagining Education and Career Help (REACH) Act –a Florida House Bill approved in the 2021 session. Biskie joins a roster of 16 industry, education and... Continue reading

Here are some B&I Contractors staff promotion announcements: Howard Burke promoted to Southwest Service Superintendent Howard Burke has been promoted to Service Superintendent in the Southwest Florida region, based out of the contractor’s Service Department at 5851 Country Lakes Dr. in Fort Myers. Burke joined the B&I team of professionals... Continue reading

The Hotel Astor at 956 Washington Ave. in Miami Beach has been sold for $12.75 million in an off-market deal. The Art Deco hotel in South Beach includes a swimming pool and more than 4,000 sq. ft. of restaurant space, says a public relations representative for The Susan Gale Group... Continue reading

A contractor for the doomed Champlain Towers South building in Surfside had a rather dubious post-project reputation, The Miami Herald reports. The newspaper in a Sept. 9 investigative story also discovered that the project managed to run through three general contractors, an exceptional level of turmoil. These issues were only... Continue reading

D.A.B. Constructors, which turned over $250 million in state and local highway projects to bonding companies in July, announced on Sept. 7 that it had filed for Chapter 7 bankruptcy. This means the business will be liquidated. “D.A.B. was the only remaining woman-owned prime contractor in the state,” president Debora... Continue reading

The Dodge Momentum Index dropped 3% in August to 148.7 (2000=100) from the revised July reading of 154.0. The Momentum Index, issued by Dodge Data & Analytics, is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction... Continue reading

Ryan Companies US, Inc. says it and Grand Living Management have started building a senior living community in Venice on the Gulf Coast. The 235,267 sq. ft. Grand Living at Wellen Park project will include nearly 200 apartments, the developers says. “Ryan and Grand Living have a proven track record... Continue reading

The Central Florida Expressway Authority has set a Sept. 21 bidding deadline for an estimated $170 million project to widen a 6.1-mile section of State Road 429. The section from the Florida Turnpike to West Road is part of a planned 13-mile widening project, Orlando Business Journal reports. The bid... Continue reading