Month: June 2024

The latest magazine edition of Florida Construction News has been published. You can view it in page turning software online here, and if you would like to receive a hard-copy printed version, you can order through this link. Stories in this issue include: Florida budget includes $15 billion for transportation... Continue reading

Florida Construction News staff writer Florida’s economy grew by 21.9 percent from 2019 to 2024, nearly double the national growth rate of 11.1 percent during the same period. With an annual GDP close to $1.3 trillion, Florida remains one of the world’s strongest economies and leads the nation in new... Continue reading

Florida Construction News staff writer The Florida Department of Transportation (FDOT) has announced the 2024 Best in Construction Award recipients. Awards are presented annually in collaboration with the Florida Transportation Builders’ Association (FTBA) to recognize contributions of construction contractors. “With our state experiencing record growth year after year, Florida’s transportation... Continue reading

Florida Construction News staff writer The Florida Job Growth Grant Fund (JGGF) has allocated funds to the cities of Umatilla and Plant City for significant infrastructure projects aimed at bolstering the manufacturing sector and enhancing access to commercial and industrial sites. These JGGF awards are set to create or retain... Continue reading

Florida Construction News staff writer An apartment complex in Miami is now being demolished due to concerns of “imminent risk of collapse” after a fire on June 10 – the city’s first 3-alarm fire in 25 years.The demolition at Temple Courts is expected to take four to six weeks. “They... Continue reading

Florida Construction News staff writer The City of Tampa has been awarded a $24.7 million federal grant to fund significant stormwater and mobility improvements in the Palmetto Beach area. This initiative, known as the Pathways to Palmetto project, aims to revitalize one of Tampa’s most diverse yet underinvested neighborhoods by... Continue reading

Florida Construction News staff writer A series of projects aimed at protecting Florida’s marine ecosystems and enhancing the state’s marine activities were announced this week. The FY 2024-2025 Focus on Florida’s Future Budget includes a historic $57 million investment in coral reef restoration and coastal protection, bringing the total funding... Continue reading

Florida Construction News staff writer The City of Jacksonville held a public hearing regarding the upcoming $1.4 billion stadium renovation this week, hearing from local unions advocating for apprenticeship programs to be included in the language of the agreement. “Let your Council members know how you feel about this Stadium... Continue reading

Florida Construction News staff writer PMG, has secured $668 million in construction financing for Waldorf Astoria Hotel & Residences Miami – the largest construction loan secured for a residential condominium development in Florida’s history.As the first supertall tower to break ground in Miami, the project will be the tallest residential... Continue reading