AIA: Architecture Billings Bounce Back in October | Architect Magazine

Billings re-entered positive territory in October, following September’s decline in demand for design services—the first decline seen in seven months. By Hanley Wood Data Studio The monthly Architecture Billings Index (ABI) came in at a score of 51.7 in October, up 2.6...
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screen shot from SFBJ

Breaking Ground with Brian Bandell: The Evolution of Retail – South Florida Business Journal

By Brian Bandell  –  Senior Reporter, South Florida Business Journal Across the nation, retail is under siege from e-commerce, but the trends are a little different in South Florida. About 80 people attended “Breaking Ground with Brian Bandell: The Evolution of...
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Grove at Grand Bay Tops the List | Miami Luxury Condo Sales

The week in luxury: A map of Miami-Dade’s priciest condo sales Closing prices in the top 10 deals ranged from $590k to $3.5 By Katherine Kallergis Miami-Dade County’s condo market experienced a drop in sales volume last week. Only 70 condos sold for $26 million, less than the...
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BLS: Employment Rebounds With 261,000 Jobs in October | Architect Magazine

Architectural and engineering services continued to grow and the unemployment rate reached its lowest level since December 2000. By Hanley Wood Data Studio The U.S. economy added 261,000 jobs in October, according to the monthly employment report released today by the U.S....
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Courtesy ADP

ADP: 235,000 Jobs Added in October | Architect Magazine

Professional services reported significant growth, and construction rebounded last month. By Hanley Wood Data Studio The U.S. economy added 235,000 private, non-farm jobs in October according to the monthly employment report released this morning by payroll-management firm ADP...
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Rendering of Miami Worldcenter, From left: Art Falcone, Nitin Motwani (Credit: Miami Worldcenter)

Miami Worldcenter nabs financing from Bank of the Ozarks

Construction of Paramount condo tower, retail and apartment building underway By Katherine Kallergis Developers Nitin Motwani and Art Falcone just closed on nearly $33 million in financing for the Miami Worldcenter development site. Property records show Bank of the Ozarks...
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ADP: 135,000 Jobs Added in September | Architect Magazine

Hurricanes Harvey and Irma hindered employment in September, but the market remains strong. By Hanley Wood Data Studio The U.S. economy added 135,000 private, non-farm jobs in September according to the monthly employment report released this morning by payroll-management firm...
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Grove at Grand Bay and Pedro Martin (Credit: Terra Group, CIR Miami)

Pedro Martin buys condo at one of his Coconut Grove buildings

Martin and his wife paid $4M for Grove at Grand Bay unit Developer Pedro Martin just dropped $4 million on a luxury condo at Grove at Grand Bay. Martin, chairman and founder of Terra Group, and his wife Maria picked up a 15th floor unit at the Coconut Grove complex, according to...
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August ABI: Healthy Demand Across All Regions and Sectors | Architect Magazine

Billings saw month-over-month growth in August, and demand for design services in all geographic regions and building sectors remains in positive territory. By Hanley Wood Data Studio The monthly Architecture Billings Index (ABI) came in at a score of 53.7 in August, up 1.8...
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Architects Foundation Names New Executive Director | Architect Magazine

Marci Reed was the chief officer of development and communications at Southface Energy Institute, and will begin her new role on Oct. 2. By Katharine Keane The Architects Foundation, the philanthropic arm of the AIA, announced the appointment of Marci Reed as its new executive...
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