Monday, November 25, 2013

Related Group Proposes 26th New Condo Tower In South Florida Since Crash

Hyde Beach Resort, Ocean Drive and Hallandale Beach Boulevard, Hollywood-Hallandale, FL 

Jorge Perez
   MIAMI, FL -- As the South Florida condo market rebounds from the devastating crash of 2007, Miami billionaire Jorge Perez of the Related Group - the tricounty region's largest vertical condo developer - is proposing a 26th new condo tower with a combined 6,300 units for the coastal tricounty region of Miami-Dade, Broward, and Palm Beach counties, according to a new report from 

By comparison, the Related Group developed 24 new condo towers with more than 9,125 units in South Florida's seven largest coastal markets during the last boom-and-bust cycle that began in 2003, according to the Condo Vultures® Official Condo Buyers Guide™ series.

For its newest South Florida condo project during this latest cycle, the Related Group is proposing to develop the Hyde Beach Resort, a 41-story tower with a combined 407 condo and condo-hotel units on an 1.6-acre site at the intersection of Ocean Drive and Hallandale Beach Boulevard in the Hollywood / Hallandale Beach market of Southeast Broward County between Greater Downtown Miami and Downtown Fort Lauderdale, according to marketing literature.   

Back in March 2012, an Aventura development company announced it had the property under contract and planned to build a 40-story tower with 477 condo-hotel units - to be called the Beach One Resort - on the site, according to a report.  

With the new Related Group project, developers are now proposing at least 13 new towers with nearly 1,650 condo units in the Hollywood / Hallandale Beach market that stretches from the Miami-Dade County line north to Sheridan Street, and the Atlantic Ocean west to Federal Highway as of November 22, 2013, according to the Preconstruction Condo Projects Database™ compiled by the licensed Florida brokerage CVR Realty™.

 For a complete copy of the company’s news release, please contact:

Condo Vultures® LLC
225 Midtown Building
225 NE 34th St.,
Suite 209B,
Downtown Miami, Florida, 33137. 800-750-0517.

Manhattan Construction Co. Completes 10-Story Parking Garage in Downtown Atlanta for the State of Georgia

State of Georgia's parking garage adjacent to Georgia State Capitol

Matthew Widmaier
ATLANTA, GA (Nov. 25, 2013) – Manhattan Construction Co. has completed work on a $22 million, 447,193-square-foot parking garage adjacent to the Georgia State Capitol.

The 10-story structure, which is owned by the state of Georgia for the use of its employees, features 1,169 parking spaces — 236 of which are reserved for state legislators — and two helipads.

 The garage, which is on the former site of the Georgia Department of Transportation headquarters, opened this month.

Barton Plunkett
 Matthew Widmaier, a project manager in Manhattan’s Atlanta office, oversaw the construction of the facility. Stevens & Wilkinson designed the parking garage.

 “We are proud of our efforts in creating this great addition to the Capitol area,” said Barton Plunkett, a senior vice president for Manhattan who oversees the firm’s Atlanta office. “This garage will serve the state well for years to come.”

When Laurence H. Rooney founded what is now Manhattan Construction Group in Oklahoma Territory in 1896, he built his business and reputation for trustworthiness and dependability through consistent performance. These same timeless values have enabled Manhattan to grow and prosper into one of the most respected construction firms in the nation.

Laurence H. Rooney
The firm’s operating companies are Manhattan Construction Co., Cantera Concrete Co. and Manhattan Road & Bridge. Manhattan is recognized by Engineering News-Record as a top 20 U.S. domestic builder and in last two years has received 50+ industry honors forquality and safety.

The company’s services include Builder-Driven Pre-Construction®, construction management, general building, design-build and turn-key projects, and roads, bridges and civil works. The company works in the U.S., Mexico, Central America and the Caribbean.

For more information aboutManhattan, please visit: or connect with us on twitter @ManhattanBuild, via Facebook/ManhattanConstruction and on LinkedIn.

For a complete copy of the company’s news release, please contact:

Stephen Ursery
The Wilbert Group
404.549.7150 – office
404.405.2354 – cell

Commercial Real Estate Veteran Ruth Hughes Joins Hartman Simons Law Firm in Atlanta, GA

Ruth Hughes

 ATLANTA, GA Nov. 25, 2013 – Ruth Hughes, whose career includes stints as an executive with a national financial consulting firm and one of the nation’s largest commercial real estate investment firms, has joined the Hartman Simons & Wood law firm as an associate.

Hughes was previously a senior vice president of litigation and investigative services in the Atlanta office of Mesirow Financial Consulting, a full-service financial and operational advisory firm. Before her three-year tenure at Mesirow, she was a vice president at Atlanta-based Jamestown, a real estate investment and management firm.

“Ruth brings an invaluable combination of career experience to our firm,” said Summey Orr, managing partner of Hartman Simons. “At Mesirow, she became extremely well versed in a whole range of financial matters important to the commercial real estate industry, and her time at Jamestownwill give her tremendous insight into the needs of our clients and enable her to establish a great rapport with them.”

Summey Orr
A 2011 graduate of the Georgia State University College of Law, she earned her law degree while working full-time. She is a member of the Georgia Bar Association’s Law School Outreach Committee and graduated with a Bachelor of Arts in political science from Jacksonville State University.

For a complete copy of the company’s news release, please contact:

Stephen Ursery
The Wilbert Group
404.549.7150 – office
404.405.2354 – cell