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New Okaloosa Gas District Headquarters Reaches Completion in Valparaiso, Florida

The new Okaloosa Gas District headquarters recently reached completion, with a ribbon-cutting ceremony held on January 14 at the campus in Valparaiso, Florida, located at 364 Valparaiso Parkway. The development includes a four-story, 152,000-square-foot office building, complemented by an 18,400-square-foot operations center, a 7,200-square-foot vehicle maintenance building, and a 23,540-square-foot warehouse, consolidating the district’s administrative and operational functions into a single location serving the Florida Panhandle. The project was designed by DAG Architects, with Robins & Morton serving as the general contractor.

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Newgard Group and Two Roads Development Top Off Condo Towers at One Brickell Riverfront

Construction has topped out at One Brickell Riverfront, a dual-tower condominium development rising at 99 SW Seventh Street in Miami’s Brickell neighborhood. Developed by Newgard Group and Two Roads Development, with construction led by G.T. McDonald, the project consists of two residential towers sharing a unified podium along the Miami River. LOFTY Brickell rises 44 stories and contains 362 fully furnished condominium residences, while The Standard Residences, Brickell will reach 46 stories and include 422 units. Both towers were designed by Arquitectonica.

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Allen Morris Co. Secures $132.5 Million Construction Loan From Bank OZK for Ponce Park in Coral Gables

Allen Morris Co. has secured a $132.5 million construction loan from Bank OZK for Ponce Park, an 11-story condominium development planned at 3000 Ponce de Leon Boulevard in Coral Gables. The financing supports the construction of the mixed-use project, which integrates residential units, ground-floor retail, and improvements to the adjacent Ponce Circle Park. The loan was arranged by Lotus Capital Partners, led by Faisal Ashraf. The financing follows a separate $138.5 million construction loan secured by Allen Morris Co. in November 2025 for its Ziggurat project in Coconut Grove.

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