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Victims of the 2021 Surfside condo tower collapse will share close to a billion dollars if a wrongful death claims settlement is confirmed by the court. The Wall Street Journal reported on May 12 that defendants and victims have agreed to a $997 million settlement, which would resolve claims from... Continue reading

Seagate Development Group says it has purchased the Bell Boulevard Mine – a 502-acre fill sand and rock mining operation on State Road 82 in Fort Myers – from MCIN Bell, LLC for $15.3 million. The permitted site, consisting of six million tons of import fill and 21 million tons... Continue reading

Frampton Construction Company says it has started work on a 458,758-sq. ft. speculative industrial building in Ocala. Stonemont Financial Group, a privately held real estate investment firm, is co-developing the project with US Capital Development, a real estate development company based in St. Louis, Mo. HDA Architects completed the design... Continue reading

Avison Young says its Florida Capital Markets Group negotiated the $20 million sale of the 1.24-acre development site at 121 E. Broward Blvd. in downtown Fort Lauderdale. “One of the few remaining vacant parcels in the central business district, the property is primed for office, multifamily, hotel, or mixed-use development... Continue reading

PCL Construction will be the construction manager for the $120 million Shipyards development project, including the Four Seasons Hotel Jacksonville, scheduled to break ground later this year along the St. Johns River. The project includes the Four Seasons Hotel Jacksonville, along with offices and practice areas for the Jacksonville Jaguars,... Continue reading

Spending on most categories of nonresidential and multifamily construction declined from February to March as contractors struggled to find enough workers and get timely deliveries of materials, according to an analysis the Associated General Contractors (AGC) of America released on May 2 regarding federal spending data. Association leaders urged Washington... Continue reading

Florida is unveiling a new design for the replacement of the Florida International University (FIU) pedestrian bridge that collapsed on March 16, 2018, crushing cars on the roadway below and killing six people. The planned design will be outlined at a public meeting tonight (May 4) for the replacement project... Continue reading

Court-appointed brokers say they will auction the site of the Champlain Towers South disaster in Sunrise on May 24. They say they expect to receive more than $120 million for the land parcel. “All prospective bidders are encouraged to participate with offers above $120 million, which is the beginning bidding... Continue reading

Kevin Davenport, a teacher at Creekside High School in St. Johns County, was selected as one of six National 2022 ACE Exemplary School Champions. “The competition was especially keen this year,” the ACE Mentor Program of Northeast Florida said in a May 2 statement. Along with the Northeast FL affiliate,... Continue reading

General contractor Owen-Ames-Kimball Company (OAK) says it hosted a ribbon-cutting ceremony for the new Lehigh Acres Elementary School on April 20. Amanecer (meaning sunrise in Spanish) Elementary School will be located on Sunrise Boulevard next to the Lehigh Acres Middle School. The school has a total project cost of $24,222.284,... Continue reading