Extended-stay hotel brand Value Place is looking to invest $131 million into expanding its portfolio in South Florida. Value Place plans to develop 15 new hotels in the area over the next two years, with each property having 124 rooms. Construction on the first hotel is expected to start in January. Read The Miami Herald story here.
Skanska completes Portsmouth Marine Terminal offshore wind upgrade
Skanska has completed the redevelopment project for the Virginia Port Authority, upgrading 72 acres of Portsmouth Marine Terminal (PMT) and 1,500 feet of wharf that now serves as an offshore wind staging
