In recognition for their decades of work building transformative, large-scale projects that have helped reshape the South Florida skyline, The Urban Land Institute Southeast Florida/Caribbean is presenting Thomas P. Murphy, Jr. and the Murphy Family with the prestigious 2022 Lifetime Achievement Award. The Lifetime Achievement Award honors the top leaders and visionaries whose lifetime of work has significantly shaped communities and changed the industry.
Read MoreFour Seasons Hotel & Private Residences Fort Lauderdale Tabs Coastal Construction As General Contractor
Following the announcement that Four Seasons Hotel and Private Residences Fort Lauderdale is more than 50% sold, Miami-based development company Fort Partners celebrated the success and progress of the luxury development at an exclusive luncheon announcing their selection of Florida-based construction company Coastal Construction as the general contractor for the project.
Read MoreThe $159 Million Playa Vista Isle Sells At Auction To Teavana Co-Founder Andrew Mack For $42.5 Million
Teavana co-founder Andrew Mack has purchased Playa Vista Isle for a massively discounted $42.5 million. The Versailles-inspired estate in Hillsboro Beach made headlines when it hit auction in November after being listed for $139 million in 2014 and raising to $159 million in 205 before being delisted in 2016.
Read MoreThe Trump Group & Coastal Construction Announce $600 Million Construction Contract For The Estates At Acqualina
The Trump Group, led by Eddie and Jules Trump, and Coastal Construction have signed an agreement for the construction of the second tower and completion of The Estates at Acqualina, the $1.6 billion residential development in Sunny Isles Beach scheduled to open in late 2020.
Read MoreCoastal Construction Co-President Sean Murphy Sells Contemporary Hammock Lake Drive Estate in Coral Gables For $7.43 Million
Sean Murphy, Co-President of Coastal Construction’s, has sold his home at 5490 Hammock Lake Drive home in Coral Gables, which was purchased by Chicago based family for $7.43 million. The price, which equates to over $1,000 SF, sets a new record in the Hammock Lake neighborhood after the previous high sale was $7.25 million.
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