Coastal Construction taps Balfour Beatty exec to head new North Florida division

The general contractor was No. 2 on TRD’s ranking of firms by number of employees

Miami /
Jun.June 28, 2017 02:30 PM

One of the region’s biggest general contractors is expanding to Orlando and Tampa.

Miami-based Coastal Construction Group will open a Central Florida office in Orlando and named Sean DeMartino as president of the Central and North Florida division, the company announced on Wednesday.

DeMartino left Balfour Beatty, where he was a division president, to join Coastal. He has more than 30 years of experience and has worked on projects like Walt Disney’s Land of Pandora: The World of Avatar, the Hyatt Regency Hotel in Orlando and the FIU Student Academic Success Center.

In South Florida, Coastal is building or has recently completed such projects as the Miami Beach Edition, Porsche Design Tower, Paramount Miami Worldcenter, Residences by Armani/Casa and Faena Miami Beach.

Competition among contractors in the tri-county area has increased amid a downsized and different mix of work, Tom Murphy, Coastal co-president, said in The Real Deal‘s June issue.

The general contractor was No. 2 on TRD’s ranking of firms by number of employees, with 325 employees in South Florida. MCM topped the ranking.

Most of the top firms acknowledge that they’re facing significant headwinds. A tighter lending market, for example, has resulted in far fewer construction loans. – Katherine Kallergis


Related Articles

arrow_forward_ios
From left: Jim Cohen, Nancy Corey, Nathan Zeder, Alicia Cervera Lamadrid, Phil Gutman and Mike Pappas (iStock)
South Florida’s pandemic-fueled residential market poised for bull run in 2021
South Florida’s pandemic-fueled residential market poised for bull run in 2021
Kathleen DuRoss Ford and 300 North Lake Way (Getty, Google Maps)
Kate Ford’s Palm Beach estate sells for $55M
Kate Ford’s Palm Beach estate sells for $55M
(iStock)
South Florida construction starts fall in November
South Florida construction starts fall in November
Oprah Winfrey and (inset) Lawrence Stroll over the unit (Getty)
You get a condo! Billionaire Lawrence Stroll sells Oprah’s former Fisher Island penthouse
You get a condo! Billionaire Lawrence Stroll sells Oprah’s former Fisher Island penthouse
(iStock)
South Florida October construction starts drop, year-over-year
South Florida October construction starts drop, year-over-year
Aria Mehrabi and renderings of the projects
Target-anchored mixed-use project planned for North Beach advances
Target-anchored mixed-use project planned for North Beach advances
Dan Azel with 8900 Southwest 107th Avenue and 10700 Southwest 88th Street (Credit: Google Maps)
Construction honcho pays $17M for Kendall office buildings
Construction honcho pays $17M for Kendall office buildings
August construction starts rose in South Florida
South Florida construction starts rose in August
South Florida construction starts rose in August
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...