FORT LAUDERDALE, FL-Elected county officials are asked to approve $11.6 million in financing for 180 new rental apartments in Pembroke Park, FL and $16.6 million for the redevelopment of 318 units in an apartment complex near Hollywood, FL. Fort Lauderdale is 26 miles north of Miami.
MIAMI BEACH, FL-When construction is complete, the Edgewater Hotel will offer 50 luxury hotel rooms and a 5,200-sf restaurant in the South Beach section of this ocean-resort city 5 miles east of Miami. The asking price equates to $413.50 per sf.
MIAMI LAKES, FL-The subsidiary of Cordis Corp., a Johnson & Johnson company, renews its lease on 29,400 sf and adds another 29,755 sf to its R&D and warehouse-distribution operation in this suburb, 11 miles north of Miami.
FORT LAUDERDALE, FL-The city commission rejects a compromise proposal to lower the building height on a 34,000-sf development site on the Intracoastal Waterway, 26 miles north of Miami.
CORAL GABLES, FL-The Washington, D.C.-based company wants to build a national mixed-use assets portfolio of about $1 billion. Coral Gables is six miles south of Downtown Miami. The contract's value wasn't disclosed.
MIAMI-The proposal would prohibit tax-backed entities in Florida from imposing union labor requirements as a condition for bidding on public construction contracts.
MIAMI-The New York-based Patronis Group leads an equity partnership that includes Granite Associates, Creative Capital Management and the locally based development group.
BOCA RATON, FL-Besides the net loss for the year, the locally based building products manufacturer and recycling company anticipates $2.4 million in costs this year attributed to its restructuring effort. Boca Raton is 42 miles north of Miami.
MIAMI BEACH, FL-The city commission will decide at an Apr. 18 public meeting whether to begin contract negotiations with the Miami development company on a planned 170,000-sf project in the community of North Beach in this city.
BOCA RATON, FL-Locally based Concord Assets Group Inc. agrees to pay $2.65 per outstanding share for control of the commercial real estate investment company based in this city 42, miles north of Miami.