Despite hope for strong economic recovery, February sees further decline in national construction starts

Total construction starts fell 2% in February to a seasonally adjusted annual rate of $797.3 billion, Dodge Data & Analytics reports. Nonbuilding construction starts posted a solid gain after rebounding from a weak January, however, residential and nonresidential building starts declined, leading to a pullback in overall activity. The Dodge... Continue reading

Another round of steep price increases and supply-chain disruptions are wreaking hardships on contractors, driving up construction costs and slowing projects, according to an analysis by the Associated General Contractors (AGC) of America of government data released on March 12. The data comes a day after the association released a... Continue reading

Cymbal Development, which describes itself as a design-driven development and construction company, says it broke ground on March 15 on Oasis Pointe Residences, a multi-unit apartment complex in Dania Beach set to be completed by Spring 2022. The 2.4 acre, 56,692 sq. ft. complex has an estimated $70 million value.... Continue reading

Florida Construction News sponsored feature Jeff Zenoniami Jeff Zenoniani: Vice-president of Service “hits 25-year milestone” Jeff Zenoniani marked his 25th year anniversary with B & I Contractors. Jeff has over 36 years’ experience in mechanical, electrical, and plumbing design, construction, and operation. He holds a B.S.M.E from the University of... Continue reading

JLL Capital Markets has arranged construction financing for the development of Crescent B Commons, a 82,640-sq.-ft., Publix-anchored neighborhood shopping center in the Babcock Ranch community, northeast of Fort Myers. The developer is Kitson & Partners. Construction is slated to be completed in summer 2021, with the Publix opening shortly thereafter... Continue reading

Halfacre Construction Company was selected to build the new Team Success Charter School located near the Sarasota Bradenton International Airport. The new school will be built on a vacant 15-acre parcel at 8237 15th St. E. on the east side of 15th St. The campus will follow a standard school... Continue reading

Seagate Development Group is ready to break ground on Rice Insulation & Glass’ 35,000-sq.-ft. facility in Fort Myers. The Lee-County-based materials supplier will be the first tenant in a 40-acre, Seagate-owned business park at Alico Road and I-75. The free-standing building will include 3,000 sq. ft. of office space for... Continue reading

Stevens Construction started construction of the new corporate headquarters of Frantz EyeCare in Fort Myers. Located at 9617 Gulf Research Lane, the 60,000-sq.-ft., two-story building will include an AHCA-licensed surgery center with four operating rooms complete with sterilization and recovery. The first floor will house the surgery center, a laser... Continue reading

Kaufman Lynn Construction broke ground on a major expansion for Doral Central Park. The site is situated on 82 acres at 3000 NW 87th Ave., of which 25 are the lake. When completed, it will be the largest park in the city and one of the largest in the region.... Continue reading

Building materials company and port tenant CEMEX USA says it is making improvements to its cement terminal at the Port of Palm Beach as part of the process to recommission the operation later this year and further strengthen its supply chain to service its Florida customers. CEMEX’s Port of Palm... Continue reading