|
Final Section of Western
Beltway Opens
Officials with the Florida Department of Transportation,
Florida's Turnpike Enterprise and other local representatives
gathered in early December to officially open the final, 5.5-mi
section of State Road 429, a toll expressway in Orlando known
as the Daniel Webster Western Beltway.
Construction of the Turnpike's $328 million, 11-mi section
of the Western Beltway began in May 2004. The first section
opened in December 2005. This final section is located between
U.S. Highway 192 and Interstate 4.
Contract Activity Declines
Again, by 2 Percent
The decline in the volume of Florida's construction contract
activity wasn't as steep as recent months but continued nonetheless
in November, as McGraw-Hill Construction reported the value
of contracts for future construction dropped 2 percent during
the month, compared to the same period of a year ago. For
November, the total value of new contracts totaled roughly
$4.8 billion, down from $4.9 billion reported a year ago.
Again, residential dragged the overall numbers down, declining
by 38 percent to total roughly $2.4 billion for the month,
compared to last November's $3.8 billion. Meanwhile, the other
sectors soared compared to last November. The value of nonresidential
contracts jumped 39 percent to tally about $1.2 billion, up
from last year's $830 million. The nonbuilding segment showed
an even greater percentage gain, jumping from the $320 million
of a year ago to the most recent month's $1.3 billion tally.
The overall decline brought Florida contract activity for
the year-to-date to about $58.4 billion, or 11 percent behind
the $65.7 billion reported through the first 11 months of
2005. Nonresidential is still 10 percent ahead of 2005, with
about $12 billion of activity. Residential, with a $39.4 billion
total, is now 19 percent behind 2005's pace. With November's
big jump, nonbuilding construction is now 10 percent ahead
of last year's pace, with a $7 billion total.
Moss & Associates to Build Paramount
Beach
Boca Raton-based real estate company RPC Holdings has hired
Moss & Associates of Fort Lauderdale to manage the construction
of its latest residential project, Paramount Beach in Sunny
Isles Beach, north of Miami. The project was scheduled to
break ground in the first quarter of 2007.
Fullerton-Diaz of Coral Gables designed the 232-residence
tower.
CORE Construction Starts $60M Condo in
Fort Myers
CORE Florida of Sarasota began work in January on its $60
million contract to build 330 condominiums in 11 six-story
buildings at Province Park in Fort Myers. The developers are
Romi LLC and Harp Development Corp., both of Fort Myers.
The first building is scheduled to open later this year.
Ajax Starts $34M Middle School for Grades
4-8
Tallahassee-based Ajax Building Corp. has started construction
on its $34 million Marion Oaks Middle School project in Ocala
for Marion County Schools. SchenkelShultz of Orlando designed
the 177,358-sq-ft. school to accommodate grades four through
eight, with separation of elementary and upper grades at this
single site.
The school will consist of three two-story classroom buildings
and a single-story structure, with one building designated
as a community hurricane shelter.
$175 Million Atlantic Center Project Announced
in Fort Lauderdale
Owner/developers Crocker Partners LLC and ING Clarion Partners
announced they have acquired one of the last remaining sites
for development in downtown Fort Lauderdale and plan to introduce
a new mixed-use project. According to the companies, preliminary
plans for the $175 million Atlantic Center project will encompass
400,000 sq ft of Class-A office space and a retail/restaurant
complex of 50,000 sq ft. The developers indicated a four-star,
250-room hotel component also is under consideration.
The partnership is currently soliciting design proposals.
The firms hope to break ground in first quarter 2008.
Miller Starts Turnpike Distribution Center
Miller Construction Co. of Fort Lauderdale is set to start
construction of Turnpike Distribution Center IV, a 112,272-sq-ft
tilt-wall office/warehouse condominium project for Miami-based
owner/developer Integrated Property Services. Located in Pompano
Beach, adjacent to the Pompano Beach plaza entrance of Florida's
Turnpike, the project consists of three, single-story tilt-wall
structures.
|