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RPC (Royal Palm Companies), the developer of Legacy Hotel & Residences in downtown Miami, has closed on Florida’s third largest construction loan, a $340 million construction loan from New York City-based Silverstein Capital Partners (SCP), Real Estate Weekly has reported. The loan exceeds financing for Acqualina and Five Park. It... Continue reading

EquipmentShare says it has acquired the equipment fleet and operations of six Trekker Tractor locations in Florida. CASE Construction Equipment says in a Dec. 21 statement that the business will be its official representative, operating as CASE Power & Equipment of Florida. The organization has branches in Miami, West Palm... Continue reading

Florida gained 8,200 construction jobs between October and November, an 1.4% increase and a sign of progress in recovering from the COVID-19 pandemic. It ranked 10th in the nation for jobs, according to to government employment data compiled by the Associated General Contractors (AGC) of America. The October/November increase reflected... Continue reading

Gov. Ron DeSantis announced $12 million for communities impacted by Hurricane Michael. These funds cover the local match portion of mitigation awards to support disaster readiness and support recovery efforts. The governor announced funding across nine rural counties including Washington, Holmes, Gulf, Bay and Jackson Counties. In Washington County, the... Continue reading

Bansi Properties announced plans to build a new office campus and office building in Sawgrass International Corporate Park in Sunrise. The project is scheduled for completion in 2023. Located in Sawgrass International Corporate Park, one of Broward County’s largest office parks, Bansi’s proposed office campus will be situated on 22... Continue reading

Beztak Companies, in conjunction with Wexford Real Estate Investors LLC (WREI), announced the $12.65 million acquisition of a 4.1 acre site located within the AMTEC Business Park in Boca Raton. The partnership will develop an eight-story, 277 unit luxury multifamily apartment community, located off Congress Ave and Clint Moore Rd.... Continue reading

Gov. Ron DeSantis has announced a $1.69 million award to the City of North Port through the Florida Job Growth Grant Fund for the installation of water and wastewater infrastructure across 500 acres at the Panacea Activity Center. The City of North Port represents 20 percent of Sarasota County’s growth... Continue reading

Governor Ron DeSantis announced more than $9 million in awards to the City of Winter Haven for road improvements at the Intermodal Logistics Center. The Florida Job Growth Grant Fund, administered through the Florida Department of Economic Opportunity (DEO), is providing $6.4 million, with the Florida Department of Transportation (FDOT)... Continue reading

  Terran Orbital has selected Merritt Island for the construction of its Commercial Spacecraft and Constellation Facility. The company will bring spacecraft manufacturing opportunities and capabilities to the State of Florida by investing more than $300 million in new construction and equipment. This will be the largest satellite manufacturing facility... Continue reading

Gov. Ron DeSantis proposed a $25 million investment for Miami-Dade College to preserve, refurbish and enhance the Freedom Tower. The proposal will be considered during the upcoming legislative session, and will be included in the governor’s legislative budget recommendation. For nearly 100 years, the tower has been a symbol of... Continue reading