Business Observer Top Projects 2015

Page 1

TOP 30 PROJECTS Private projects are back in a big way on the list of the 30 highest-value projects from Tampa to Naples. The multifamily and senior-living sectors lead the way.

The following pages feature the top 10 construction projects by cost in each of the Business Observer’s coverage areas on the Gulf Coast. To be included, projects must have started between June 2014 and June 2015.

THE TOP PROJECT: Tampa International Airport Master Plan project, Estimated construction value: $953 million (phase 1) see page 2B


2B

BusinessObserverFL.com

BUSINESS OBSERVER | SEPTEMBER 4 – SEPTEMBER 10, 2015

TOP PROJECTS

TAMPA BAY

Automated people mover station at main terminal and outdoor terrace

1. Tampa International Airport Master Plan project SITE: 4100 George J. Bean Parkway, Tampa ESTIMATED CONSTRUCTION VALUE: $953 million (phase 1) START DATE: Nov. 20, 2014 ESTIMATED COMPLETION DATE: Late 2017 OWNER AND CITY OF HEADQUARTERS: Hillsborough County Aviation Authority, Tampa GENERAL CONTRACTORS AND CITY OF HEADQUARTERS: Skanska USA, New York City; Austin Commercial, Dallas; Kimmins Contracting Corp., Tampa; Cone & Graham Inc., Tampa; Mitsubishi Heavy Industries America Inc., New York City; and J. Kokolakis Contracting Inc., Tarpon Springs DETAILS: Tampa International Airport has started construction on the first of a three-phase development plan to improve the airport’s 3,300-acre campus and increase its capacity. The $953 million project, combined with the two subsequent phases, will eventually allow the airport to accommodate up to 35 million passengers each year, more than double its current number of passengers. The first phase of the project focuses on the airport’s immediate need to decongest the curbsides, roads and main terminal. The development calls for creating a 2.6 million-square-foot consolidated rental center facility near the entrance to the airport, a 1.4-mile automated people mover and expansion of the main terminal. The later two phases will follow as passenger demand dictates. Phase two calls for relocating a hotel, office building and air-traffic control tower. The $1.3 billion phase three will create a new airside terminal D, an international curbside, security checkpoint at an expanded main terminal and expansion of airside terminal C.

Consolidated rental car center

Rental car center cross section

Inside the main terminal people mover station

Consolidated rental car center


SEPTEMBER 4 – SEPTEMBER 10, 2015 | BUSINESS OBSERVER

2.Wyndham Grand Resort SITE: 100 Coronado Drive, Clearwater ESTIMATED CONSTRUCTION VALUE: $98 million START DATE: December 2014 ESTIMATED COMPLETION DATE: January 2017 OWNER AND CITY OF HEADQUARTERS: Dr. Kiran Patel (K & P Clearwater Estate LLC), Clearwater GENERAL CONTRACTOR AND CITY OF HEADQUARTERS: Moss & Associates LLC, Fort Lauderdale DETAILS: Dr. Kiran Patel, a cardiologist, philanthropist and the founder of Tampa-based WellCare, is developing the Wyndham Grand Resort as a 15-story beachfront complex with 345 hotel rooms and 105 vacation ownership rooms (similar to timeshares). The 718,210-squarefoot development is being built with two interconnected towers on the north end of the Beach Walk. An open breezeway leads from the valet drop-off out to the gulf. There are separate lobbies for the hotel guests and unit owners. Amenities include a spa and

YEARS

fitness center, restaurant, swimming pool and deck and a parking garage. The project will also have an about 10,000-squarefoot main ballroom, six meeting rooms and a boardroom, all with individual outdoor terraces. The project will make heavy use of floor-to-ceiling glass walls — including in its fitness center, spa and public areas — and glass railings on all balconies to emphasize its beach views. Coral Gables-based Nichols Brosch Wurst Wolfe & Associates Inc. is the architect for the project.

BusinessObserverFL.com

3B

3.The Hermitage Apartment Homes SITE: 750 First Ave. S., St. Petersburg ESTIMATED CONSTRUCTION VALUE: $70 million START DATE: March ESTIMATED COMPLETION DATE: 2016 OWNER AND CITY OF HEADQUARTERS: The Allen Morris Co., Coral Gables and AIG Global Real Estate, New York City GENERAL CONTRACTOR AND CITY OF HEADQUARTERS: Cambridge Swinerton Builders Inc., Atlanta DETAILS: One of the first major new projects on the north side of downtown St. Petersburg, The Hermitage Apartment Homes will feature 348 apartment units in a 608,000-square-foot, eight-story building that covers a full city block. Units will range from studios to one and two bedrooms. W. Allen Morris, chairman and CEO of The Allen Morris Co., says the main driver behind the project is the strong demand for multifamily space in downtown St. Petersburg.

Community amenities will include a rooftop swimming pool and spa, fitness center, outdoor grilling area and private dining and meeting areas with bay views. The Hermitage will also offer bicycle-oriented storage and a service center. The Hermitage is also exploring a possible joint venture with the Moran Arts Center that would create an art gallery in the building’s lobby. CSJM Architects Inc. of St. Petersburg designed The Hermitage.

1975-2015

Commercial/Residential Commercial/Residential Monuments Monuments Pylon Signs Signs Pylon Channel Letters Letters Channel ADA Signs Signs ADA

www.gulfcoastsigns.com

941.355.8841

166168

Digital & & Textile Textile Printing Printing Digital


4B

BusinessObserverFL.com

BUSINESS OBSERVER | SEPTEMBER 4 – SEPTEMBER 10, 2015

TOP PROJECTS

TAMPA BAY

4.Aurora SITE: 124 S. Morgan St., Tampa ESTIMATED CONSTRUCTION VALUE: $67.58 million START DATE: January ESTIMATED COMPLETION DATE: October 2016 OWNER AND CITY OF HEADQUARTERS: The Richman Group of Cos. (Downtown Tampa Apartments LLC), Greenwich, Conn. GENERAL CONTRACTOR AND

CITY OF HEADQUARTERS: First Florida, Miami DETAILS: Aurora is being developed as a luxury apartment community with 351 units. The project will contain 66 studio, 166 one-bedroom, 114 twobedroom and five three-bedroom units. Its units will range in size from 577 square feet up to 1,593 square feet.

5.500 Harbour Island SITE ADDRESS: 500 Knights Run Ave., Tampa ESTIMATED CONSTRUCTION VALUE: $60 million START DATE: Oct. 1, 2014 ESTIMATED COMPLETION DATE: July 16, 2016 OWNER AND CITY OF HEADQUARTERS: Forge Capital Partners, Tampa; Framework Group LLC, Tampa; and Intown Group, Tampa GENERAL CONTRACTOR AND CITY OF HEADQUARTERS: Batson-Cook Co., West Point, Ga. DETAILS: Located on Harbour

Island, 500 Harbour Island is being developed as a 21-story high-rise containing 235 upscale apartment units. The project is the first high-rise apartment building ever constructed on Harbour Island, and the first development in the area in more than a decade. Its amenities will include an on-site spa, elevated swimming pool, various social areas and an amenity deck featuring a private dog park. Pre-leasing is scheduled to begin in the second quarter of 2016.

The Richman Group of Florida Inc., an affiliate of The Greenwich, Conn.-based Richman Group Real Estate Co., will create the project as a five-story building with a parking garage and four courtyards. The 15- to 16-month development schedule has been broken up into three phases, starting with 116 units, adding another 50 and then the final 185 units.

Amenities include a fenced dog park and an 11,000-square-foot, two-level clubhouse with a fitness center, yoga/spin studio and pet spa. The project is located north of Jeff Vinik’s proposed $1.1 billion redevelopment of downtown Tampa and is along the new Selmon Greenway bike path. Humphreys & Partners Architects LP designed the project.

6.Crosstown Corporate Center SITE: 9527 Delaney Creek Blvd., Tampa ESTIMATED CONSTRUCTION VALUE: $56.96 million (from building permit) START DATE: June 2014 (phase 1) ESTIMATED COMPLETION DATE: Sept. 1 OWNER AND CITY OF HEADQUARTERS: USAA Real Estate Co. (USODP Crosstown LLC), San Antonio, Texas GENERAL CONTRACTOR AND CITY OF HEADQUARTERS: Holder Construction, Atlanta DETAILS: Financial services company USAA is expanding its corporate presence in Tampa with two new office buildings,

totaling 420,000 square feet. The project will be built in two phases and is designed to allow the firm to grow by another 1,200 employees. The first phase will create a 261,000-square-foot, fourstory building. It will connect to a parking garage via an elevated pedestrian walkway on the third floor. Amenities will include a fitness center, cafeteria, health clinic and training facilities. Gensler in Tampa is the building architect, and DLR is the interior architect. To prevent any potential sinkhole issues on the site, the project includes pumping grout into the loose soil before the foundation is built.


SEPTEMBER 4 – SEPTEMBER 10, 2015 | BUSINESS OBSERVER

BusinessObserverFL.com

5B

7.Laser Spine Institute at Avion Park SITE: 5332 Avion Park Drive, Tampa ESTIMATED CONSTRUCTION VALUE: $56 million START DATE: December 2014 ESTIMATED COMPLETION DATE: March 2016 OWNER AND CITY OF HEADQUARTERS: Highwoods Properties Inc., Raleigh, N.C. GENERAL CONTRACTOR AND CITY OF HEADQUARTERS: Brasfield & Gorrie LLC, Birmingham, Ala.

three levels for the ambulatory surgery center. A four-level parking structure will be joined to the main building using an elevated covered connector. The top of the corporate headquarters building is being shaped to mirror the curvature of a spine and will feature LED lighting to illuminate it at night. Rule Joy Trammell Rubio of Atlanta was the architect for the project.

SITE: 2615 N. Grady Ave., Tampa ESTIMATED CONSTRUCTION VALUE: $55.87 million START DATE: May 2015 ESTIMATED COMPLETION DATE: February 2017 OWNER AND CITY OF HEADQUARTERS: The Richman Group of Cos. (Apartments at Grady Square LLC), Greenwich, Conn. GENERAL CONTRACTOR AND CITY OF HEADQUARTERS: First Florida, Miami DETAILS: Grady Square is a 300-unit apartment complex being developed on the site of the former Without Walls church in the Westshore Business District. The four-story building with a two-story lobby and three courtyards is being constructed in three phases over about 16

months. It will feature 28 studio, 129 one-bedroom, 118 two-bedroom and 25 three-bedroom units. Apartments will range in size from 574 square feet up to 1,628 square feet. The development will include a swimming pool and spa, shaded picnic areas with outdoor grills and a 24-hour fitness center with a yoga and spin studio. For pet owners, Grady Square will have access to parks and trails, a fenced pet walk and private pet spa. The project will include the use of a restricted access garage with bicycle storage. Its lobby will also contain a coffee bar. Humphreys & Partners Architects LP of Maitland designed the development.

170175

DETAILS: Last year, Highwoods Properties signed a long-term build-to-suit lease with Laser Spine Institute to create a new headquarters and ambulatory surgery center for the company. Highwoods is developing a 176,000-square-foot, six-story building with structured parking in Tampa’s Westshore area. The building will be situated on four acres in Avion Park. The main building will use the top three-floors for the company’s headquarters and the bottom

8.Grady Square


6B

BUSINESS OBSERVER | SEPTEMBER 4 – SEPTEMBER 10, 2015

BusinessObserverFL.com

TOP PROJECTS

TAMPA BAY

9.IQ SITE: 12708 Bruce B Downs Blvd., Tampa ESTIMATED CONSTRUCTION VALUE: $53 million START DATE: October 2014 ESTIMATED COMPLETION DATE: July 2016 OWNER AND CITY OF HEADQUARTERS: The Collier Cos. (USF SPE DE LLC), Gainesville GENERAL CONTRACTOR AND CITY OF HEADQUARTERS: FaverGray, Jacksonville

DETAILS: IQ is being developed as a student housing community to appeal primarily to University of South Florida (USF) students. It will have a total of 183 units and 656 beds. The project will feature two five-story buildings separated by a parking garage. The first building will contain several amenities, including a fitness center, study rooms and a gaming area. Each of the buildings will have a central courtyard. The first

building’s courtyard will have a saline swimming pool and a covered grill area. While, the second building’s courtyard is designed in an Italian-garden style and will house a bocce ball court. The community is being built on the site of the former Sunset Square apartments directly across the street from the USF campus. The developer decided to demolish that 100-unit community, which it considered to

be too small and antiquated for its location. Because of its age, Sunset Square also contained asbestos, which had to be carefully managed during the demolition. The project also makes use of about 150 special reinforced concrete cylindrical tiles, as an alternative to grouting or steel pilings, to protect the foundation from damage caused by most geotechnical movement.

Here is where we lend the way.

10. Widening Veterans Expressway SITE: a portion of Veterans Expressway from the Sugarwood mainline toll plaza to Van Dyke Road, Hillsborough County ESTIMATED CONSTRUCTION VALUE: $50.98 million START DATE: April ESTIMATED COMPLETION DATE: Early 2018 OWNER AND CITY OF HEADQUARTERS: State of Florida, Tallahassee GENERAL CONTRACTOR AND CITY OF HEADQUARTERS: Prince Contracting LLC, Tampa

Owner Occupied Commercial Real Estate Loans

% 3.95 IntEREst RatE

Fixed Rate | 10-Year Maturity

From $500,000 to $5,000,000. Even lower rates may be available for reduced maturities. Right now, get a great rate on an Owner Occupied Commercial Real Estate Loan from Synovus. Whether you’re looking for operating capital or a way to expand, refinance or make a purchase, we have the right financing to help meet your unique business needs. This offer is only available for a limited time, so call 727.568.6506 today.

synovusbankfl.com

A fixed Interest Rate of 3.50% is available for a 5-year maturity, and a fixed Interest Rate of 3.75% is available for 7-year maturity. Rate is subject to change without notice. All loans are subject to credit approval and a commercial deposit relationship. Minimum loan amount is $500,000 with maximum financing of $5 million for new loan relationships for Owner Occupied Commercial Real Estate. Requires lien position on owner occupied commercial real estate, limited to first lien position only. Refinance Premium required – 3% first year, 2% second year, 1% third year and 0% after three years. Fees and/or prepayment penalties may apply. Other rates and terms are available. Offer cannot be combined with other discounted loan programs. Churches and Non-Profit entities are not eligible.

179274

Banking products are provided by Synovus Bank, Member FDIC. Divisions of Synovus Bank operate under multiple trade names across the Southeast.

DETAILS: As part of a $380 million project to improve 11 miles of the Veterans Expressway, the state has hired Prince Contracting to expand and resurface the expressway along a three-mile corridor from the Sugarwood mainline toll plaza to Van Dyke Road. The project calls for expanding the roadway from four to eight lanes. At completion, the roadway will have three northbound and three southbound lanes and an additional express lane in each direction. It will also make various ramp and local street improvements. The work is primarily being done to increase the roadway’s capacity. The project was designed using displacement piles to minimize its impact on existing structures. The development also was designed to widen the roadway to the east, which the contractor says will reduce the project’s construction costs and minimize the overall square footage of wall-feet needed for the project.


SEPTEMBER 4 – SEPTEMBER 10, 2015 | BUSINESS OBSERVER

BusinessObserverFL.com

TOP PROJECTS

SARASOTA-MANATEE

1.Vue Sarasota Bay SITE: northwest corner of U.S. 41 and Gulfstream Avenue, Sarasota ESTIMATED CONSTRUCTION VALUE: $120 million START DATE: September 2014 ESTIMATED COMPLETION DATE: December 2016 OWNER AND CITY OF HEADQUARTERS: The Kolter Group LLC, West Palm Beach GENERAL CONTRACTOR AND CITY OF HEADQUARTERS:

Kast Construction Co. LLC, West Palm Beach DETAILS: The Kolter Group is developing Vue Sarasota Bay as an 18-story, 141-unit condominium tower and an 18-story, 255-unit Westin Hotel. The condominium portion of the project will feature units that range in size from 1,515 square feet to 2,605 square feet with prices that start in $800,000s.

The six penthouse units start at $2.3 million and range in size from 2,655 square feet to 3,085 square feet. Its amenities will include a fitness center, club lounge and a boardroom. It will also feature a dog park on the roof of the parking garage. The hotel tower will have 15,000 square feet of meeting and ballroom space, a spa, fullservice restaurant and a rooftop patio and bar area overlooking

2.Fort Hamer Bridge SITE: southern end of Fort Hamer Road over the Manatee River to Upper Manatee River Road, Manatee County ESTIMATED CONSTRUCTION VALUE: $32.69 million START DATE: April ESTIMATED COMPLETION DATE: early 2017 OWNER AND CITY OF HEADQUARTERS: Manatee County, Bradenton GENERAL CONTRACTOR AND CITY OF HEADQUARTERS: Johnson Brothers Corp., Fort Worth, Texas DETAILS: Manatee County is developing a new 2,300-foot northsouth bridge over the Manatee River to alleviate traffic, increase first-responder transportation times and provide an alternative route, particularly off of Interstate

75, to commuters. To construct the concrete 50foot wide bridge, Johnson Brothers Corp. is building a temporary bridge for a crane next to the bridge site. The bridge project will require 17 piers, two end bents and long concrete beams. The bridge will also include a sidewalk on its west side. The project includes a variety of improvements to Fort Hamer and Upper Manatee River roads. The roadways will be widened in areas to 24 feet, new turn lanes are being created at various intersections and paved 4-foot bike lanes are also being added. The roadway will eventually be extended to connect Parrish to Fruitville Road. URS, of San Francisco, designed the project.

the bay. The two buildings are largely separate and have their own lobbies, but they share a deck-parking podium. The developer says the project was designed using Sarasota School of Architecture concepts. Nichols Brosch Wurst Wolfe & Associates Inc. of Coral Gables designed the project.

7B


8B

BusinessObserverFL.com

BUSINESS OBSERVER | SEPTEMBER 4 – SEPTEMBER 10, 2015

TOP PROJECTS

SARASOTA-MANATEE

3.CitySide SITE: south end of a parcel bordering Boulevard of the Arts between Florida and Cocoanut avenues, Sarasota ESTIMATED CONSTRUCTION VALUE: $30 million START DATE: March 2015 (demolition for Phase 1) (second phase to start following completion of the first phase) ESTIMATED COMPLETION DATE: Fourth quarter 2016 (phase 1) OWNER AND CITY OF HEADQUARTERS: Rosalyne Holdings,

Pittsburgh GENERAL CONTRACTOR AND CITY OF HEADQUARTERS: Winter Park Construction, Maitland DETAILS: CitySide is an apartment community being built in the Rosemary District, an area north of downtown Sarasota. The more than 400,000-square-foot project will be built in two phases. Phase one will create 228 residential units within a four-story building on 2.9 acres. Phase two

4.Blue Heron Creek SITE: 420 Salt Meadow Circle, Bradenton ESTIMATED CONSTRUCTION VALUE: $26 million START DATE: October 2014 ESTIMATED COMPLETION DATE: July 2016 OWNER AND CITY OF HEADQUARTERS: Cedarwood Development Inc. (Bradenton Land Co. LLC), Akron, Ohio GENERAL CONTRACTOR AND CITY OF HEADQUARTERS: TriC Construction, Akron, Ohio DETAILS: Cedarwood Development Inc. is developing the 415,000-square-foot Blue Heron Creek as a 264-unit apartment community on a 16-acre site. The project will include 11 apartment

buildings, eight freestanding garages and a 7,700-square-foot clubhouse building. Units will range in size from one bedroom with 900 square feet of living space up to three bedrooms with 1,500 square feet. Community features include a remote-access entry gate, 24hour health club, tanning studio, cyber café, clubroom with a kitchen and saltwater swimming pool with spa. In addition, it will also have a putting green, lighted tennis court, pet park and grooming area, car care center, horseshoe pit and walking trails along the adjacent wetlands. The developer’s affiliated company, Cedarwood Architecture Inc., designed the project.

will add another 250 units on 3.6 acres. The project also includes constructing a five-level parking garage with 350 parking spaces. Apartments will range in size from studios with 572 square feet up to two-bedroom units with dens and 1,329 square feet of total living space. Rental rates are expected to range from about $1,000 to $2,000 a month. The more than 8,000 square feet of interior amenity space includes a clubroom, fitness facility with a private exercise studio,

private dining/party room, lobby and leasing offices. The developer says it is hopeful that the new downtown residents, jobs and income created by the project serve as catalysts to attract new businesses and vitality to the economically troubled area. Because it covers the entire property, the development will include a large underground stormwater vault that will collect and treat storm water using a sand filter bed.

5.Sarasota Museum of Art SITE: 1000 S. School Ave., Sarasota ESTIMATED CONSTRUCTION VALUE: $22 million START DATE: Nov. 17, 2014 ESTIMATED COMPLETION DATE: Winter 2017 OWNER AND CITY OF HEADQUARTERS: Ringling College of Art and Design, Sarasota GENERAL CONTRACTOR AND CITY OF HEADQUARTERS: Willis A. Smith Construction Inc., Sarasota DETAILS: The Ringling College of Art and Design is converting the historic Sarasota High School Building into Sarasota’s first art museum devoted to modern and contemporary art. The project is designed to create nearly 60,000

square feet of exhibition space, a 110-seat auditorium, sculpture court, an indoor and outdoor café, classrooms and studios and meeting spaces. One of the more important goals of the construction was to preserve the architectural integrity of the gothic-style high school building, while also giving it an extensive facelift. This renovation includes a installing a new roof, tuck-pointing the brick, repairing and replacing the decorative terra cotta, replacing the windows and overall weatherproofing. On the interior the existing terrazzo flooring will be restored and new mechanical, air conditioning, plumbing, electrical and other mechanical infrastructure will be put in place.


SEPTEMBER 4 – SEPTEMBER 10, 2015 | BUSINESS OBSERVER

BusinessObserverFL.com

9B

6.IMG Academy 7. Infinity Longboat Key Academic and Campus Centers

real estate collapse, says there is a great deal of pent up demand for condominium space on Longboat Key, particularly because of the lack of developable locations on the key. The development is being built using post-tension concrete block construction, which uses steel cables to reinforce the concrete. Mark Sultana of DSDG Inc. of Sarasota was the architect for the project.

169108

DETAILS: To accommodate the growing number of students at its Bradenton campus, IMG Academy is developing a new Academic Center and Campus Center. The Academic Center is 72,000 square feet and features nearly 70 classrooms, art studios, science labs and computer labs. It also contains two large rooms and 12 smaller rooms devoted to the IMG Academy Learning Resource Center, which is being used to help

DETAILS: Infinity Longboat Key is an 11-unit residential condominium development in a fourstory building, over a level of parking. Units will range in size from 3,300 square feet to 5,500 square feet. Prices for the units start at $2.98 million. The waterfront project will feature private enclosed garages with two parking spaces for most of the units and three-car garages for the penthouses. It will also have a swimming pool, elevator access to each unit, an electronic guest entry system and service hallways for trash disposal and automated recycling chutes. Crossgate Partners, which has owned the site since before the

students develop academic skills and strategies and to address any learning issues. The Academic Center includes an 85-foot-tall open-air entrance that looks across to IMG Academy Stadium. The IMG Academy Campus Center will be the focal point for all student activity outside of academics and sport. The 35,000-square-foot center will house the bookstore, health services, guest services and multiple dining options for student-athletes, guests and others. The upper floor of the building will house a lounge and several multipurpose rooms. Fawley Bryant of Sarasota designed both of the projects.

180250

SITE: 5650 Bollettieri Blvd., Bradenton ESTIMATED CONSTRUCTION VALUE: $21.2 million (Academic Center is $11.5 million) (Campus Center is $9.7 million) START DATE: Fall 2014 ESTIMATED COMPLETION DATE: August (Academic Center) and Fall 2015 (Campus Center) OWNER AND CITY OF HEADQUARTERS: IMG Academy, Bradenton GENERAL CONTRACTOR AND CITY OF HEADQUARTERS: Tandem Construction Inc., Sarasota

SITE: 4765 Gulf of Mexico Drive, Longboat Key ESTIMATED CONSTRUCTION VALUE: $20 million START DATE: January ESTIMATED COMPLETION DATE: April 2016 OWNER AND CITY OF HEADQUARTERS: Crossgate Partners, Suwanee, Ga. GENERAL CONTRACTOR AND CITY OF HEADQUARTERS: Tandem Construction LLC, Sarasota


10B

BusinessObserverFL.com

BUSINESS OBSERVER | SEPTEMBER 4 – SEPTEMBER 10, 2015

TOP PROJECTS

SARASOTA-MANATEE

8.Discovery Village at Sarasota Bay SITE: 1414 69th Ave. W., Bradenton ESTIMATED CONSTRUCTION VALUE: $18.26 million START DATE: July 2014 ESTIMATED COMPLETION DATE: First quarter 2015 OWNER AND CITY OF HEADQUARTERS: Discovery Senior Living, Bonita Springs

GENERAL CONTRACTOR AND CITY OF HEADQUARTERS: The Douglas Co., Holland, Ohio, and Orlando DETAILS: Discovery Senior Living is developing a 130,000-squarefoot senior housing facility on a 7-acre site west of U.S. 41. The senior-living community will have a

9.The Fountains of Hope SITE: 1560 Wendell Kent Road, Sarasota ESTIMATED CONSTRUCTION VALUE: $18 million START DATE: November 2014 ESTIMATED COMPLETION DATE: February 2016 OWNER AND CITY OF HEADQUARTERS: Omega Communities LLC, Birmingham, Ala. GENERAL CONTRACTOR AND CITY OF HEADQUARTERS: CORE Construction Services of Florida LLC, University Park DETAILS: The 90,000-squarefoot senior-housing community, The Fountains of Hope, will feature three buildings connected by heated and cooled corridors. One building will focus on facilities and 39 beds for people with memory care problems. A second, three-story building will contain 72 beds for assisted

living. The remaining building will house many of the project’s common areas and amenities, including a large chapel, salon, exploration center for activities and dining facilities. The development is affiliated with and being built on land owned by Church of Hope. James Taylor, chief operating officer of Omega Communities, says the church has volunteered to minister to community and will receive a percentage of the profits from the community through a lease agreement with the facility’s owner, Omega Communities. The community will be run as a rental without requiring a large entrance fee. Fountains of Hope comes after Omega Communities’ development of the similar The Springs at South Biscayne project in North Port.

Grande Clubhouse building with a three-story wing of 30 apartment homes for supervised independent living, a second three-story wing of 66 apartment units for assisted living, and a one-story wing with 30 suites for memory care. Its amenities include an indoor therapy swimming pool, three dining facilities, a movie theater and

wellness center with a physician’s office. The Bonita Springs-based senior housing company says this project is filling a large need in Sarasota and Manatee counties, which it calls tremendously underserved for senior housing. Architectural Concepts Inc. of Largo designed the project.

10.The Sheridan at Lakewood Ranch SITE: 11705 Evening Walk Drive, Lakewood Ranch ESTIMATED CONSTRUCTION VALUE: $17 million START DATE: January ESTIMATED COMPLETION DATE: First quarter 2016 OWNER AND CITY OF HEADQUARTERS: Senior Lifestyle Corp., Chicago GENERAL CONTRACTOR AND CITY OF HEADQUARTERS: Fred M. Starling Inc., Sarasota DETAILS: The Sheridan at Lakewood Ranch is being developed as a four-story, 81-bed assistedliving facility with a two-story 36bed memory care facility. Anna Wynn, senior regional di-

rector of sales and marketing for Senior Lifestyle Corp., says the firm found when it was doing its due diligence on the site that the Lakewood Ranch master planned community is being serviced by single provider, The Windsor of Lakewood Ranch, which is mostly full. The goal of the 102,000square-foot community is to offer housing for baby boomers closer to where their adult children live. Its amenities include a main dining room, art studio, great room and fitness center. Curtis Gaines Hall Jones Architects Inc. of Tampa designed the project.


SEPTEMBER 4 – SEPTEMBER 10, 2015 | BUSINESS OBSERVER

BusinessObserverFL.com

11B

TOP PROJECTS

CHARLOTTE-LEE-COLLIER

1. Kalea Bay SITE: 13910 Old Coast Road Naples ESTIMATED CONSTRUCTION VALUE: $140 million (Tower 100) START DATE: October 2014 ESTIMATED COMPLETION DATE: June or July 2017 (Tower 100 and club amenity center) OWNER AND CITY OF HEADQUARTERS: Soave Real Estate, Detroit GENERAL CONTRACTOR AND CITY OF HEADQUARTERS: Manhattan Construction Group, Naples and Tulsa, Okla. DETAILS: Kalea Bay is a collection of five high-rise condominium buildings planned for a 480-acre gated community on Kalea Bay. The entire project will have 582 units and is expected to take a decade to complete. The first building, Tower 100, will be 22 stories high and contain 120 residential units. It will include a rooftop swimming pool and fitness room. The larger community will feature a nearly 25,000-squarefoot clubhouse with a full-service restaurant and an outdoor bar. The clubhouse will wrap around three swimming pools. Lars W. Young Inc. of Naples and WDG Architecture of Dallas designed the project. Soave Real Estate purchased the land located along the Gulf of Mexico and a nature preserve more than 12 years ago. The community is being designed so that all the units will have direct gulf and preserve views. Finished units with appliances are being listed for sale from $1.27 million to more than $2.6 million. Units will range in size from 3,755 square feet to 3,921 square feet.

2.Moorings Park at Grey Oaks SITE: 2591 Rue du Jardin, Naples ESTIMATED CONSTRUCTION VALUE: $106.4 million START DATE: June 2014 ESTIMATED COMPLETION DATE: first quarter of 2017 OWNER AND CITY OF HEADQUARTERS: The Moorings Inc., Naples GENERAL CONTRACTOR AND CITY OF HEADQUARTERS: Kaufman Lynn Construction, Boca Raton and CC Residential, Coral Gables (phases I-III) and Suffolk Construction, Boston and Morton & Wasmer Builders, Naples (phase IV) DETAILS: Moorings Park at Grey Oaks is a 16-acre continuingcare retirement community under construction at the intersection of Airport Pulling Road and Golden Gate Parkway. The project calls for a total of 12 four-story independent-living buildings

over parking to be constructed in three phases. The first four buildings in phase I are scheduled for completion in the fourth quarter. Residential units for the first three phases will range from 2,873 square feet to 5,900 square feet. Each building will contain a total of 355,104 square feet. Phase IV calls for the development of what the developer calls Grand Place. It will include a 43,140-square-foot parking garage, clubhouse and an assisted-living and memory care center with residential units for both senior-housing types. It will also have a 6,325-square-foot standalone Center for Healthy Living and 13 penthouse-style independent living units called the Residences at Grand Place. The entire community will be gated with a manned guardhouse and have three 80,000-squarefoot gardens designed by JRL

Design Studios of Naples. Sotolongo Salman Henderson Architects of Doral designed the first three phases. A joint venture

of Perkins Eastman of New York City and BSSW Architects Inc. of Fort Myers designed the final phase.


12B

BusinessObserverFL.com

BUSINESS OBSERVER | SEPTEMBER 4 – SEPTEMBER 10, 2015

TOP PROJECTS

CHARLOTTE-LEE-COLLIER

3.Marriott’s Crystal Shores (Towers C and D) SITE: 600 Collier Blvd. S., Marco Island ESTIMATED CONSTRUCTION VALUE: $79.68 million START DATE: January ESTIMATED COMPLETION DATE: September 2017 OWNER AND CITY OF HEADQUARTERS: Land Trust No. 1082-0300-00, Lakeland (Marriott Vacation Club International has arranged to buy the property

in stages.) GENERAL CONTRACTOR AND CITY OF HEADQUARTERS: Austin Commercial LP, Sunrise DETAILS: After working through its pipeline of timeshare inventory, Marriott Vacation Club International has returned to its Marriott’s Crystal Shores beachfront community to construct two new residential towers in

4.Vi at Bentley Village SITE: 704 Village Circle, Naples ESTIMATED CONSTRUCTION VALUE: $70 million START DATE: April 16 ESTIMATED COMPLETION DATE: Fourth quarter of 2016 OWNER AND CITY OF HEADQUARTERS: Vi, Chicago GENERAL CONTRACTOR AND CITY OF HEADQUARTERS: DeAngelis Diamond Construction, Naples DETAILS: Vi at Bentley Village is a redevelopment of the Bentley Village senior-living community. Two existing clubhouses and apartment buildings are being razed to make room for two new clubhouses and 72 new independent-living apartment units. The new east clubhouse will be 50,000 square feet, and the west clubhouse will have 16,500 square feet of space. The Residences at the East Clubhouse, independent living apartments, will

have three residential floors above a floor for parking. The 72 apartment units will range in size from 942 square feet to 2,208 square feet. The project also includes installing a 72-inch storm drain adjacent to an existing lake and constructing a haul road to access construction areas without using the main road. The clubhouses will provide residents three new restaurants and a quick-serve café, a theater, auditorium, library, lounge, fitness center, pro shop and arts and craft room. The redeveloped property will be operated as a continuing-care retirement community and is the only one in Collier County with a golf course. Entrance fees for the independent living apartments will range from $592,600 to $1.4 million. Stofft Cooney Architects of Naples designed the project.

the timeshare development. The project currently has a single 13-story tower (A), a swimming pool with several smaller pools and the Stilts Bar & Grill. Marriott Vacation Club will be creating 152 new villa units in towers C and D. Tower D will be 10 stories over two stories of parking. Tower C will have total of 13 stories, over two parking levels, with 12 residential floors

and a plaza level housing a kids club, food and beverage operations and a fitness center. Villa units will range in size from 1,050 square feet to 1,500 square feet and have between two and three bedrooms. A previously planned Tower B is no longer expected for the community.

5.Springs at Six Mile Cypress Apartments SITE: 5560 Six Mile Commercial Court, Fort Myers ESTIMATED CONSTRUCTION VALUE: $41 million START DATE: March 13 ESTIMATED COMPLETION DATE: October 2016 OWNER AND CITY OF HEADQUARTERS: Continental Properties Co. Inc., Menomonee Falls, Wis. GENERAL CONTRACTOR AND CITY OF HEADQUARTERS: Albertelli Construction, Jacksonville DETAILS: The Springs at Six Mile Cypress Apartments is being built as a two-story townhome-style apartment community with a total of 288 units. At completion, it will

be the company’s sixth “Springs” apartment development in Florida. All of the community’s units will have private ground-level entrances and some of them will have attached garages. Amenities will include a walking path around a large pond, two fenced dog parks, car care and pet spa areas and detached garages. The clubhouse will have a swimming pool, barbecue area and a 24-hour fitness center. Kahler Slater of Milwaukee, Wis., designed the project. As of early August, Continental Properties had a total of 28 “Springs” apartment communities with 7,668 apartment units in 14 states.


SEPTEMBER 4 – SEPTEMBER 10, 2015 | BUSINESS OBSERVER

BusinessObserverFL.com

13B

6.Springs at Estero Apartments SITE: 11221 Everblades Parkway, Estero ESTIMATED CONSTRUCTION VALUE: $37 million START DATE: Oct. 9, 2014 ESTIMATED COMPLETION DATE: March 2016 OWNER AND CITY OF HEADQUARTERS: Continental Proper-

ties Co. Inc., Menomonee Falls, Wis. GENERAL CONTRACTOR AND CITY OF HEADQUARTERS: Albertelli Construction, Jacksonville DETAILS: Continental Properties is developing the Springs at

Estero Apartments in a two-story townhome style with a total of 260 apartment units. At completion, the community will be the company’s fifth “Springs” apartment in Florida. All of the units will have private ground-level entrances. Amenities will include two

fenced dog parks, a walking path around a pond, car care and pet spa areas and detached garages. A clubhouse will contain a 24hour fitness center and swimming pool with a barbecue area. Kahler Slater of Milwaukee, Wis., is the architect for the project.

7.Cheney Brothers West Coast Distribution Center SITE: 1 Cheney Way, Punta Gorda ESTIMATED CONSTRUCTION VALUE: $36 million START DATE: December 2014 ESTIMATED COMPLETION DATE: October OWNER AND CITY OF HEADQUARTERS: Cheney Brothers Inc., Riviera Beach GENERAL CONTRACTOR AND CITY OF HEADQUARTERS: Florida Premier Contractors LLC, Punta Gorda

largest ever created in Charlotte County. Chaney Brothers, which expects to eventually have 700 employees at the location, will also be one of the county’s largest employers. Given an earlier estimate that the company would be creating 380 jobs, the Charlotte County Economic Development Office estimated the project would conservatively generate $143 million in direct and indirect wages over 10 years. Leo A Daly of Omaha, Neb., is the architect for the project.

■ Buildings and Structural Systems Design ■ Foundations; Civil/Coastal Projects ■ Consulting for Community Associations

DESIGN SERVICES

■ Special Inspection of Threshold Buildings

...for your New Construction and Renovation/Restoration Projects

■ Owner’s Representative Services

Sarasota (941) 927- 8525

Naples/Fort Myers (239) 444 -1440

■ Expert Witness Services in Legal Proceedings ■ Structural Investigations & Forensics

St. Petersburg (727) 895 - 9119

(866) 927 - 8525 www.KEG - ENGINEERING.com 166171

DETAILS: Cheney Brothers is building its third distribution facility in Florida. The new 345,000-square-foot storage facility in Charlotte County will have 35-foot-high ceilings. A little more than half of the building is refrigerated with portions of it cooled to as low as 5 degrees below zero. The remainder of the building will be ambient storage. The building structure, windows and roofing were all chosen and designed to be more hurricane resistant than required by the building code, according to Rob Humpel of Florida Premier Contractors. The building will be one of the

STRUCTURAL ENGINEERING

Fort Lauderdale (954) 551- 5936

Certificate of Authorization #008371 Since 1999


14B

BusinessObserverFL.com

BUSINESS OBSERVER | SEPTEMBER 4 – SEPTEMBER 10, 2015

TOP PROJECTS

CHARLOTTE-LEE-COLLIER

8.Widening U.S. 41 SITE: a portion of U.S. 41 from Salford Boulevard south to Enterprise Drive, Port Charlotte ESTIMATED CONSTRUCTION VALUE: $31.24 million START DATE: January ESTIMATED COMPLETION DATE: spring 2017. OWNER AND CITY OF HEADQUARTERS: state of Florida, Tallahassee GENERAL CONTRACTOR AND CITY OF HEADQUARTERS: Guymann Construction of Florida Inc., Cape Coral DETAILS: This transportation project calls for widening U.S. 41 from four to six lanes between Enterprise Drive and Salford Boulevard. This will be done through a combination of inside and outside widening of the existing pave-

ment. New sidewalks will also be constructed on both sides of the road along with new stormwater ponds. Other improvements that are planned include new mast-arm traffic signals at Enterprise Drive, Toledo Blade Boulevard and Cranberry Boulevard and utility work. The Florida Department of Transportation has also agreed to perform water, wastewater and reclaimed water work for Charlotte County in conjunction with the roadwork. To minimize its impact on the area, the project will shift existing traffic to outside temporary pavement so the inside widening work can be completed. Along with reducing overall congestion, the expansion will also allow for increased capacity during a hurricane evacuation.

9.Hyatt House Naples 5th Avenue SITE: 1345 Fifth Ave. S., Naples ESTIMATED CONSTRUCTION VALUE: $31 million START DATE: March ESTIMATED COMPLETION DATE: March 2016 OWNER AND CITY OF HEADQUARTERS: Finfrock Development LLC, Apopka GENERAL CONTRACTOR AND CITY OF HEADQUARTERS: Finfrock Construction Inc., Apopka DETAILS: The Hyatt House Naples 5th Avenue will be a three-story waterfront hotel with 183 rooms, primarily suites for extended-stay guests. The 125,983-square-foot hotel will also include 3,600 square feet of meeting space, an indoor/outdoor bar and a swimming pool on a 20,000-square-foot deck. The development will also

include 79,360 square feet of structured parking. The 4.2-acre property previously housed a 15,173-squarefoot Joe’s Crab Shack waterfront restaurant and the Docks on Fifth marina. Finfrock Development owns 27 of the 62 existing marina boat slips, which it plans to offer as an amenity to hotel guests. Finfrock Development says it is using a special process, called soil mixing, to shore up the ground and soil with concrete to avoid the need for pilings while also saving on construction costs. The Hyatt House project will also be the first project using the new DualDeck Building System developed by Finfrock. The precast/prestressed concrete system has utilities cast into the concrete floors and walls to reduce site disruption and construction time.

10.Orchid Run SITE: 10991 Lost Lake Drive, Naples ESTIMATED CONSTRUCTION VALUE: $29.5 million START DATE: September 2014 ESTIMATED COMPLETION DATE: June 2016 OWNER AND CITY OF HEADQUARTERS: P.A.C. Land Development (Orchid Run Apartments

LLC), Winter Park GENERAL CONTRACTOR AND CITY OF HEADQUARTERS: Brooks and Freund LLC, Fort Myers DETAILS: Orchid Run is being developed as a 304,075-squarefoot apartment complex of five residential buildings. The project

is designed as three four-story apartment buildings and two two-story apartment buildings. It will also have five five-bay, three six-bay and two eight-bay garage buildings and a clubhouse, mail kiosk and a maintenance building. The development will be built in six phases starting with the

clubhouse building. Community amenities include an indoor communal kitchen, private wine lockers, a swimming pool and spa, fountains and outdoor grills. Forum Architecture & Interior Design Inc. of Altamonte Springs designed the project.


SEPTEMBER 4 – SEPTEMBER 10, 2015 | BUSINESS OBSERVER

BusinessObserverFL.com

15B

Trusted business advisors to construction contractors. Tax Preparation Financial Statements Compliance Internal Controls & Fraud Prevention Cost Segregation & Allocation Profit Improvement Strategies Tax Credits Business Valuation

SArASoTA 1727 Second Street 941-957-4242

ForT MyerS 8010 Summerlin Lakes Drive 239-482-5522

NAPLeS 3838 Tamiami Trail North, Suite 200 239-263-2111

HBK is a founding member of the Construction Accounting Network.

166181

hbkcpa.com


16B

BusinessObserverFL.com

BUSINESS OBSERVER | SEPTEMBER 4 – SEPTEMBER 10, 2015

Pool Design Construction • Service NOT EVERY POOL IS THE SAME! FREE QUOTE & 3D DRAWING! Remodels • Spas

Superior Pools has been providing custom built swimming pools throughout Southwest Florida since 2001. Our exceptional level of customer service and our 3000 plus satisfied pool owners, has earned us a reputation as one of Florida’s elite pool construction companies .

GULF COAST 500 2010, 2011, 2012, 2013, 2014, 2015 180249

517 Tamiami Trail, Port Charlotte, FL 33953 (941 - 743 - 7171) 12221 Towne Lake Dr # B Fort Myers, FL 33913 (239 - 728 - 3002) info@superiorpools.com • superiorpools.com


Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.