Hollywood officials will consider two significant development proposals, a CVS Pharmacy and a pair of warehouses. Both applications will go before the city’s Technical Advisory Committee on may 2. The Venture Corporate Center office park at 3440 Hollywood Blvd. could get a 13,013-square-foot CVS Pharmacy with a drive-thru. It would be on what’s currently a…
Strategic Storage Growth Trust said it inked a deal to acquire a self-storage development project in Pembroke Pines once the building obtains its certificate of occupancy. Waterman Pines LLC, managed by Eddy Garcia in Coral Gables, recently obtained approval to build self-storage buildings of two and three stories, for a combined 85,000 square feet of…
Construction cranes South Florida contractors were raking in oodles of cash in March, a new report shows, with construction activity booming across the board. The report, authored by research firm Dodge Data & Analytics, states that $1.55 billion was spent on construction contracts in South Florida last month. Of that total, roughly $673 million went…
Construction project launches in South Florida got off to a rapid start in the first quarter of 2016, upping the pace from last year, according to Dodge Data & Analytics. There were $3.03 billion in construction starts in the tri-county area, up 26 percent from $2.4 billion in the same quarter a year ago. That’s…
Buenos días, South Florida. Looking for further proof of Miami’s construction boom? Here ya go. 1. More building jobs Miami-Dade County has ranked seventh out of 358 metro areas for its increase in construction jobs over the past 12 months, according to the Associated General Contractors of America. The group visited the Paramount Miami Worldcenter…
Burlington Coat Factory signed a 50,500-square-foot lease for a new store in southern Miami-Dade County. Equity One (NYSE: EQY), a retail REIT based in North Miami Beach and New York, announced the lease as part of its first quarter financial release on Wednesday. Burlington Coat Factory will move into a former Best Buy space in…
McCraney Property Co. broke ground on Turnpike Business Park, which will include an indoor go-kart track among the tenants. Verdex Construction is the general contractor for the 353,000-square-foot industrial spec project at 377 to 563 Cleary Road near West Palm Beach. It will have five warehouse buildings on the east side of Florida’s Turnpike just…
Lennar Homes and CC Homes paid a combined $96 million to acquire the White Course site in Doral, a former golf course that they plan for a southern extension of the mixed-use project Downtown Doral. The 130-acre White Course is on the east side of Northwest 87th Avenue and the north side of Northwest 41st…
On Wednesday, a day after announcing what could be its ninth acquisition since 2009, Pompano Beach-based Stonegate Bank revealed its first quarter results. The bank (NASDAQ: SGBK) reported a profit of $6.7 million in the first quarter, or 51 cents a share. The bank also reported $28.6 million in new loans in the first quarter,…