Newswire

Investors are advancing a plan to build a boutique hotel on a vacant lot on the Miami River, with an adjacent food plaza offering dining options. On Monday, the Miami River Commission unanimously recommended city approval.

Voters in the city of Miami approved two major mixed-use projects in Tuesday’s midterm elections, paving the way for a Major League Soccer Stadium from David Beckham and his partners and a separate riverfront project from the Adler Group.

“We congratulate all the winners from tonight’s election and look forward to having the opportunity to educate newly elected members about the construction industry’s many contributions to our broader economic prosperity.

Construction spending hit a seasonally adjusted annual rate of $1.329 trillion and grew 5.5 percent for nine months of 2018 combined, with continued year-to-date gains for major public and private categories, according to an analysis of new government data by the Associated General Contractors of America.

What's going on in Orlando? These planned high-rises will dramatically change the skyline.

Ten years after the great recession, a new study finds the state’s entire office market has surpassed previous performance. The statewide total inventory was 94.6 million square feet. Another 2.3 million square feet are under construction. Overall vacancy rates ranged from 6.8 percent in Orlando to 13.7 percent in Miami/Dade. The statewide overall vacancy rate was 10.8 percent.

Vacancy rates in Miami-Dade County fell to 3.8%. South Florida’s industrial market continued to remain one of the area’s best performing asset classes in the third quarter of 2018, thanks in part to growing demand from institutional investors.

South Florida AGC celebrates its best golf tournament to date! A huge "Thank You" to all of our players, attendees, and sponsors for which our success would not be possible. Everyone had a fantastic day filled with laughter, fun, and socializing at the Trump National Doral, one of the more prestigious golf clubs in South Florida. Come take a look at "What's happening with South Florida AGC!"

Thank You To Our Sponsors

Nielson, Hoover & Company
Nielson, Hoover & Company www.nielsonbonds.com
American Global
American Global www.americanglobal.com
Go-Tilt www.go-tilt.com