Landry/French Acquires MH Williams Construction Group
This week commercial construction management company Landry/French announced their acquisition of Melbourne-based MH Williams Construction.
The move represents a significant advance into the Florida market and the growing Space Coast region in particular for Maine-based Landry/French.
Founded in 1987 by Michael H. Williams, Sr., MH Williams offers commercial clients a wide variety of construction management, design-build and general contracting services.
Over the past four decades, MH Williams has overseen the construction of many large-scale Space Coast projects across industries like education, healthcare, aviation, corporate offices, and retail.
In the official press release, Mike Williams, Jr. was enthusiastic about what the new partnership means in terms of future growth, talent and resources.
“This marks an exciting new chapter for the company. The partnership is an ideal fit for MH Williams, its employees, and our clients, and will provide the resources and financial strength to compete for larger, more complex construction projects. I look forward to what we can achieve together.” – Mike Williams, Jr.
FaverGray Delivers 278-Unit Luxury Community In Jacksonville
This week Jacksonville Beach-based builder of multifamily and student housing communities, FaverGray announced the successful completion and delivery of The Aston at Town Center, a luxurious, new multifamily community in Jacksonville.
Located near The Saint Johns Town Center in Jacksonville, The Aston at Town Center is a 502,000-square-foot complex spread out over five stories with a six-story parking garage, clubhouse, fitness center, dog park and resort-style pool.
According to FaverGray, the building slabs were constructed using post-tensioned concrete on grade while the wood frame structure of the complex was adorned with a mix of brick, fiber cement trim, stucco and metal panels.
With over 16,000 units built in 15 states across the country, FaverGray has built a reputation for excellence in market-rate apartments, student housing, senior living, mixed use and affordable housing construction.
Visit their official website to learn more.
GDOT Picks Contractor For Georgia 400 Toll Lanes
This week the Georgia Department of Transportation announced their selection of a contractor for the SR400 Express Lane Project along SR Georgia 400.
GDOT chose SR400 Peach Partners for the Express Lanes Project which will add new express lanes along a 16-mile stretch of SR 400 from the North Spring MARTA station in Fulton County to 1 mile north of McFarland Parkway in Forsyth County.
The SR 400 Express Lanes project also includes a $100 million state bond for expanding MARTA’s Bus Rapid Transit (BRT) line which will ride for free in the new express lanes of one of metro Atlanta’s busiest highways.
According to GDOT, SR400 Peach Partners will “incentivize the use of the express lanes with technical and customer-focused innovations over the 50-year partnership.”
The project will involve the construction of two express lanes in each direction from the North Springs MARTA Station north to McGinnis Ferry Road. Beyond that, there will be one express lane in either direction for the northernmost portion of the project. In addition direct access ramps and direct merge lanes will need to be built at eight intersections along the 16-mile stretch of Georgia 400.
The SR400 Peach Partners team includes Coral Gables-based ACS Infrastructure and two European firms, Meridiam (Paris) and Acciona (Madrid).
You can learn more about the SR 400 Express Lanes Project on the Peach Partners website.
Hyundai Construction To Open Flagship Stores In Florida & Texas
Georgia-based HD Hyundai Construction Equipment North America has announced a five-year distribution agreement with National Equipment Dealers (NED) to accelerate Hyundai’s North American market coverage initiatives.
The partnership agreement between Hyundai and NED will establish multiple “flagship stores” in some of the hottest construction markets in Florida (Jacksonville and Fort Myers) and Texas (Austin and Dallas).
According to the official announcement, the new NED branches will be Hyundai-branded stores stocking Hyundai inventory ranging from compact excavators and skid steer loaders to larger crawler excavators, wheel loaders and off-road haul trucks.
HD Hyundai Construction Equipment is currently offering their largest cash rebates in history with up to $17,000 on compact equipment and up to $40,000 on heavy equipment. See the official website for more details.
US LBM Acquires Florida Building Products Distributor
US LBM, a leading distributor of specialty building materials nationwide, has acquired L.D. Mullins Lumber Company, a building products distributor serving builders and remodelers in South Florida.
Founded in 1946, Mullins Lumber is located in Riviera Beach and will operate as part of US LBM’s Raymond Building Supply. With this acquisition, US LBM now operates 18 locations in Florida. Scott and Lev Mullins, who have led the organization since 2005, will continue running day-to-day operations.
US LBM President & CEO L.T. Gibson expressed optimism over the transaction and what it means for US LBM’s ability to support local builders in South Florida.
“South Florida continues to be a growth market for new construction, and the addition of Mullins Lumber and their great team allows us to augment and expand our operations and support for builders in the area.” – L.T. Gibson
Atlanta-based US LBM is the largest privately owned, full-line distributor of specialty building materials in the United States.
Contact CII Today
If you own an established specialty contractor or home service business in Florida or Georgia and would like to get a better understanding of the current market value of your company and important steps you can take today to maximize that value, get in touch with a CII business advisor today.