November 2021 – Page 2

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Dodge Momentum Index leading indicator shows 10% increase in October

The Dodge Momentum Index increased 10% in October to 181.2 (2000=100), from the revised September reading of 164.6, Dodge Construction Network reports. The Momentum Index is a monthly measure of the initial report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings... Continue reading

November

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Origin Construction breaks ground on Miami Beach mixed-use project

Origin Construction says it has started work on a mixed-use project in Miami Beach. A ceremonial ground breaking on Nov. 4 marked the beginning of work on Deco Capital Group’s Eighteen Sunset at 1769 Purdy Ave. The structure will feature street-level retail and restaurant space, two floors offices offices, and what... Continue reading

November

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Verdex breaks ground on 279,732 sq. ft. Tampa multifamily development

West Palm Beach-based Verdex Construction says it has started building Azalea, a multifamily rental community at 8240 Causeway Blvd. in Tampa. The project consists of 289-apartments and four single-story garages for client Zom Living. The project was designed by architect LRK. Completion is expected in the fall of 2023. Azalea... Continue reading

November

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CMC Group and Morabito Properties break ground on Onda Residences in Miami’s Bay Harbor Islands

Miami developers Ugo Colombo of CMC Group and Valerio Morabito of Morabito Properties say they have broken ground on Onda, a new boutique luxury condominium in Miami’s Bay Harbor Islands neighborhood. Designed by architect Bernardo Fort-Brescia of Arquitectonica, the 8-story waterfront development at 1135 103rd Street, will include more than... Continue reading

November

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Tampa voting on $108 million City Center project

The Tampa City Council is expected to vote today (Nov. 4) on funding for construction of the $108 million City Center. The 161,000-sq. ft., three-story building will house hundreds of city workers from more than a dozen city departments, The Tampa Bay Times reports. There will also be a 500-car... Continue reading

November

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Undocumented construction worker charged with attempted murder after central Florida jobsite altercation

A dispute between two construction workers a central Florida site turned into something much more serious on Nov. 1. One person was taken to hospital; the other was charged with attempted first degree murder with a weapon. A Polk County Sheriff’s Office report said deputies responded to reports of a... Continue reading

November

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New South Construction Supply acquires Jacksonville concrete materials supplier Increte of North Florida

New South Construction Supply, a North-Carolina headquartered distributor of construction products to commercial and residential general contractors and subcontractors across the Southeastern U.S., says it has acquired Increte of North Florida, a concrete construction material distributor and supplier based in Jacksonville. “I am happy to welcome Grant Denny, president and... Continue reading

November

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Construction employment improves in the past year everywhere in Florida but Miami: AGC

Most Florida communities — excepting Miami –have fared reasonably well in recovering construction employment in the year between September 2020 and September 2021, with employment gains, some impressive. But Miami’s story is truly different, according an analysis by the Associated General Contractors (AGC) of America of government employment data released... Continue reading

November

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Mortenson and DeAngelis Diamond begin construction $96 million distribution center in Naples

Mortenson and DeAngelis Diamond have combined their talents and teamed together to build a new $96 million distribution center for Uline, North America’s leading distributor of shipping, packaging, and industrial supplies, the companies say in a Nov. 3 statement. With more than 8,000 North American employees, Uline is headquartered in... Continue reading

Month: November 2021

Dodge Momentum Index leading indicator shows 10% increase in October

Origin Construction breaks ground on Miami Beach mixed-use project

Verdex breaks ground on 279,732 sq. ft. Tampa multifamily development

CMC Group and Morabito Properties break ground on Onda Residences in Miami’s Bay Harbor Islands

Tampa voting on $108 million City Center project

Undocumented construction worker charged with attempted murder after central Florida jobsite altercation

New South Construction Supply acquires Jacksonville concrete materials supplier Increte of North Florida

Construction employment improves in the past year everywhere in Florida but Miami: AGC

Mortenson and DeAngelis Diamond begin construction $96 million distribution center in Naples

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