SUNNY ISLES BEACH, FL-The development firm that struck gold years ago when it turned several hundred acres of northeast Miami-Dade swampland into the affluent Aventura community is bringing its act to this up-and-coming town between Miami and Fort Lauderdale.
CORAL SPRINGS, FL-A Miami-based builder is setting a tight, six-month construction schedule for a new 45,000-sf office building under way in this north Broward County city. Estimated construction cost is $2.5 million, or $55.56 psf
HALLANDALE, FL-This southern Broward County city has given the green light to construction of a high-rise office development in an area that is considered blighted and in need of a facelift.
HALLANDALE, FL-This southern Broward County city has given the green light to construction of a high-rise office development in an area that is considered blighted and in need of a facelift.
BOCA RATON, FL-Drive-in fast-food restaurants with carhop service, where allowed by local law, are coming to Florida. Plans are to open more than 100 Stewart's Root Beer Drive-Ins statewide over the next four years, with at least 30 of them in South Florida.
NAPLES, FL-A total 1,401 new hotel rooms valued at an estimated hard construction cost of $106 million is either planned or under way about 100 miles west of Miami.
BOCA RATON, FL-Two three-story, 75,000-sf office buildings are breaking ground just after Labor Day within the 850-acre Arvida Park of Commerce off Broken Sound Parkway. One of the buildings is already at least half committed to a tech tenant.
CORAL GABLES, FL-South Florida's nearly 265 million-sf industrial market absorbed 7.9 million sf of space in this year's first six months, versus nine million sf in all of last year, reports locally-based Codina Group Inc. That was a strong enough performance to hold vacancies at a stable 6%. The vacancy rate actually fell between the first and second quarters in all three of the region's counties.
BOYNTON BEACH, FL-An 80,000-sf office/warehouse building at the 315,000-sf Boynton Commerce Center off Woolbright Road has opened with Swedish telecom equipment-maker Ericsson as the anchor. Ericsson is leasing 50,000 sf for three years at an estimated value of $1.5 million. This is the company's first service center in South Florida.