Month: March 2022

Jeshayahu Boymelgreen is preparing to construct a 200-key, three story hotel in Surfside after arranging a $30 million construction loan. The property at 9300 Collins Ave. had previously been planned for a townhouse complex. Fort Lauderdale-based Fuse Group arranged the loan, its CEO Eyal Peretz told The Real Deal. The... Continue reading

Legal and payment problems continue to plague the $1.8 billion Estates at Acqualina project in Sunny Isles Beach. General contractor Suffolk Construction Company Inc. has filed a lawsuit alleging breach of contract and breach of good-faith and fair-dealing against developer A3 Development, LLC alongside three affiliated companies, Levelset.com reports, citing... Continue reading

Kaufman Lynn Construction says it has topped out the Merrimac Plantation Apartments in Plantation, a multi-family residential project. The contractor says the project occupies a total 293,945 sq. ft. with 306 apartments ranging from one-to-three-bedroom layouts across two six-story midrise buildings. Construction is slated for completion in 2023. The contractor... Continue reading

CEMEX USA says it is expanding its concrete block business in Florida, recently restarting two plants and soon restarting a third, while accelerating production to meet heightened construction demand across the state. The company said in a March 29 statement that it has invested more than $17 million in its... Continue reading

Studio+, an architecture and design firm based in Fort Myers, says it has acquired TDM Architects, Inc. an architectural and planning company founded in Los Angeles in 1994. The recently rebranded organization says in a March 24 statement that it has 30 years of expertise in education, including K-12 schools,... Continue reading

Two construction workers were killed and one was injured during a March 23 crane accident at a Boynton Beach construction site. Fire and police rescue officials said that Jeremias Mendez, 32, and Eduardo Cruz-Moran, 25, both from West Palm beach, have been identified as the victims. In a statement, Boynton... Continue reading

Construction Partners, Inc. says it has acquired the asphalt, grading and sitework operational assets of GAC Contractors, Inc., including its hot-mix asphalt plant in Panama City. “Today’s transaction represents our third acquisition in the Florida panhandle in the past two years, reflecting our commitment to this dynamic and growing area of the... Continue reading

BLD Group and JSB Capital Group have started building a 336-unit garden-style apartment community in Wildwood. The Wildwood Apartments property in the Beaumont master-planned community next to TheVillages, will include one-, two and three-bedroom layouts. Materials shortages and price increases have challenged the developers. The issues confronted by BLD Group... Continue reading

There are significant variations by Florida community in construction employment levels for the year between January 2021 and January 2022, according to government data reported by the Associated General Contractors (AGC) of America. Jacksonville fared the best in the state — gaining 4,000 construction jobs, a 9 percent increase. Conversely,... Continue reading

The benefits of Sage 300 CRE are numerous, which is why many firms are looking for a way to access the full desktop version of Sage on the cloud. Case in point: a D.C.-based construction company that is now a Swizznet customer. The team wanted to evolve its Sage 300... Continue reading