Suffolk Construction Sizzles in Hot South Florida Market
The Southeast Contractor of the Year Achieved a Hefty Revenue Gain in 2015
“A tower crane on every corner” is not a stated goal of Suffolk Construction Co., insists the firm’s Southeast chief operating officer, Peter Tuffo. But considering Suffolk’s performance of late—$552.6 million in 2015 Southeast revenue, an 83% increase over the year before—one wonders if such a scenario could well happen for ENR Southeast’s Contractor of the Year.
Since the middle of 2015, the contractor has started work on such notable South Florida high-rise residential projects as the 52-story Ritz-Carlton Residences in Sunny Isles Beach; the 25-story Bristol Palm Beach in West Palm Beach; the 19-story, 76-unit Altaira in Bonita Springs; and Prive at Island Estates, a $180-million, two-tower development in Aventura. Nearby, Suffolk is constructing the 7.5-acre Aventura Park Square mixed-use development.