Month: February 2022

A developer’s request for an extension to complete the stalled Washington Square Hotel project in downtown Tallahassee is likely to be denied by the city’s Community Redevelopment Agency (CRA), represented by all five Tallahassee City Commissioners. The Tallahassee Democrat on Feb. 21 described the site of the originally proposed “flagship... Continue reading

A company associated with controversial former WeWork CEO Adam Neumann has arranged a $108 million loan from CIM Group for a Miami development, Commercial Observer (CO) reports, citing property records. The published report says Mark Lapidus, WeWork’s former head of real estate, signed the mortgage document on behalf of the borrower,... Continue reading

A $75 million project in Jacksonville’s Southbank area has made progress with the city of Jacksonville’s Downtown Investment Authority (DIA) unanimous decision to support the multi-family development at its Feb. 23 meeting. Corner Lot Development Group plans to build the 340-unit Artea project on four acres at the intersection of Montana... Continue reading

The construction industry will need to attract nearly 650,000 additional workers on top of the normal pace of hiring in 2022 to meet the demand for labor, according to a model developed by Associated Builders and Contractors (ABC). “ABC’s 2022 workforce shortage analysis sends a message loud and clear: The... Continue reading

Seagate Development Group says it is in the preconstruction phase of a 60,000-sq. ft. design-build facility for American Builders & Contractors Supply Co., Inc. It is set to break ground in the second quarter at the Charlotte County Park of Commerce – adjacent to the Punta Gorda Airport. The developer... Continue reading

A Florida-based concrete and masonry contractor and one of its subtrades are among six organizations cited by The New Jersey Department of Labor and Workforce Development (NJDOL) for misclassfying workers on a project in the northern state. Kiko Construction LLC from Kissimmee did caulking work on masonry walls for concrete... Continue reading

The Florida Senate has advanced a watered-down version of legislation shortening the deadline for homeowners to bring lawsuits over construction defects in single-family and multi-family residences, like the ones blamed in part in the Surfside condo disaster last summer, Florida Phoenix reports. The bill (SB 736) addresses Florida’s “statute of... Continue reading

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Associated Builders and Contractors (ABC) reported on Feb. 15 that its Construction Backlog Indicator declined to 8.0 months in January, according to an ABC member survey conducted Jan. 20 to Feb. 4. The reading is down 0.2 months from December 2021, but up 0.5 months from January 2021. ABC’s Construction... Continue reading

Seagate Development Group says it is preparing to start work on another expansion at EmCyte Corporation’s headquarters in Fort Myers. Seagate says the bio-tech company has requested the renovation of an engineered space in its original building at 4331 Veronica S. Shoemaker Blvd. The developer says it has just about... Continue reading