Contractors grew revenue in 2022, buoyed by rising populations and favorable business climates amid labor and materials shortages and rising interest rates
Contractors working in the Southeast continued to enjoy rising revenue in a hot market in 2022. And even as some see the momentum of recent years starting to cool a bit, activity remains high.
HOK Sports + Recreation + Entertainment is architect for the stadium, estimated to cost at least $1.4B, with Barton Malow and AECOM Hunt named to manage preconstruction.
Lane-Webuild JV breached its contract, says South Florida Water Management District in a May 30 court filing that seeks to recover claimed additional costs from project delays.
Joint venture was terminated from its contract April 28 and has filed suit against the South Florida Water Management District for wrongful termination.
Moving Florida Forward calls for general revenue transfers of $4 billion to the State Transportation Trust Fund, and the use of “innovative financing tools, contracting and proposed policies” to deliver the $7-billion program.
When Raul Parrinello drives to the jobsite every morning in Miami Beach, he can reflect with pride on what will become the area’s tallest building, the luxury condominium tower Five Park, rising quickly over busy Miami Beach.