Thomas P. Murphy, Jr. and the Murphy Family Receive Prestigious ULI Lifetime Achievement Award

In recognition for their decades of work building transformative, large-scale projects that have helped reshape the South Florida skyline, The Urban Land Institute Southeast Florida/Caribbean has presented Thomas P. Murphy, Jr. and the Murphy Family with the prestigious 2022 Lifetime Achievement Award.

The Lifetime Achievement Award honors the top leaders and visionaries whose lifetime of work has significantly shaped communities and changed the industry. The award ceremony will take place at ULI's annual Vision Awards, the organization’s signature event, on September 15th at the JW Marriot Marquis Hotel in Downtown Miami with over 700 confirmed real estate industry leaders in attendance.

Previous Lifetime Achievement Award recipients include: Craig Robins, Bernardo Fort Brescia & Laurinda Spear, Ricardo Glas & Luis Pulenta, Stephen Owens, The Legacy of Tony Goldman, The Whitman Family, The Graham Family, Armando Codina, and Jorge Perez among others.

“On behalf of the local District Council’s leadership, we are thrilled to present the 2022 Lifetime Achievement Award to The Murphy Family. The family’s work embodies our organization’s mission to shape the future of the built environment for transformative impact in communities,” Julie Medley, Executive Director, ULI SE Florida/Caribbean.

Award-winning Coastal Construction Group and the Murphy Family have been building projects throughout Florida for more than five decades making a profound impact on both the landscape and local economy, with a body of professional and civic work that has created thousands of jobs and opportunities for advancement for many in the land use industry.

Among the company’s distinguished portfolio are more than 60 hotels and resorts in Florida, including the Four Seasons Hotel and Residences at the Surf Club; St. Regis Resort & Residences Bal Harbor; Ritz Carlton Hotel South Beach; Faena Hotel and Residences; 1450 Brickell; Camillus House; Porsche Design Tower; Fendi Chateau; Oceana Condos; Residences by Armani/Casa; Aston Martin Residences; and The Plaza Coral Gables. In addition, the Company was the primary builder for Ocean Reef Club, Deering Bay Club, Miami Design District, Miami World Center and Water Street Tampa.

Coastal has built more than 50 million square feet of vertical projects spanning hospitality (62 hotels), all types of multi-family (over 18,000 units), education (over 50 schools, public and private), commercial and mixed-use projects. Today, Coastal has more than $3.5 billion in current work, and a 3‐year pipeline in excess of $12 billion with operations in Miami, Palm Beach, Naples, Orlando, Tampa, and the Florida Keys.

“My family and I are extremely proud to receive this recognition which would not have been made possible without the hard work, dedication and support of our entire team at Coastal Construction Group. On behalf of all us at Coastal Construction Group, I want to thank ULI for this tremendous honor,” said Thomas P. Murphy, Jr. Chairman and CEO Coastal Construction Group.

Murphy, Jr, began his career while attending the University of Miami, becoming the youngest person in Florida’s history to earn his contractor’s license at the age of 19. Soon thereafter, he dropped out of school and started his own company. Eventually, growing Seaboard Construction to more than 1,500 employees and before selling it to Turner Construction Company, the largest contractor in the U.S.

He later founded Coastal in 1989, and today, 54 years since his first project, the company has become one of the largest general contractors in Florida.

Today, his son’s Tom C. Murphy and Sean Murphy serve as Co‐Presidents, Patrick Erin Murphy, Executive Vice President and Mike Murphy, Vice President of QA/QC and there are 10 family members active in the company and hundreds of others who may not share the same surname, but share the same sense of pride and unabashed desire to build quality projects.

Four Seasons Hotel & Private Residences Fort Lauderdale Tabs Coastal Construction As General Contractor

Following the announcement that Four Seasons Hotel and Private Residences Fort Lauderdale is more than 50% sold, Miami-based development company Fort Partners celebrated the success and progress of the luxury development at an exclusive luncheon announcing their selection of Florida-based construction company Coastal Construction as the general contractor for the project with premier construction management company Lehrer Cumming overseeing construction of the luxury tower. Fort Lauderdale Mayor Dean Trantalis also addressed the audience, speaking to the state of the city’s real estate market, highlighting the growth and transformation of Fort Lauderdale into an international destination. Upon completion, Four Seasons Fort Lauderdale will be one of Fort Partners’ iconic properties within the Four Seasons portfolio and Fort Lauderdale’s first true five-star destination.

“Four Seasons Hotel and Private Residences Fort Lauderdale is making incredible strides to help redefine this city as an international destination, and we are pleased to celebrate our recent success as we progress towards completion,” said Nadim Ashi, Founder of Fort Partners. “We’ve selected the best industry leaders to oversee this monumental development throughout each stage of development, and are thrilled to welcome both Coastal Construction and Lehrer Cumming to our team.”

Coastal Construction is one of the Southeast’s preeminent construction companies and is ranked in the top 100 construction management companies in the country. The firm has a distinguished roster of clients including Fort Partner’s distinguished development, The Surf Club in Miami, as well as Porsche Design Tower and Miami Beach’s Faena District. Led by Chairman and CEO Thomas P. Murphy, Jr., Coastal Construction was founded in 1988 and has been under the Murphy family’s leadership for four generations.

“Coastal Construction is honored to have been selected by Fort Partners as the general contractor of record for Four Seasons Hotel and Private Residences Fort Lauderdale. It is a privilege to once again work with the Fort Partners development team, on this transformative tower which is setting a new benchmark for luxury living in Fort Lauderdale,” said Thomas P. Murphy, Jr., Chairman and CEO of Coastal Construction.

The 22-story hotel and condominium development will offer 130 guest rooms and 90 residences ranging in size from one- to four-bedrooms, with each residence offering sprawling living spaces and generous outdoor terraces with unparalleled views of the Atlantic Ocean and Intracoastal Waterway. Residents will receive special courtesies at Fort Partner’s premier portfolio, including Four Seasons Hotel and Residences at The Surf Club in Surfside, Four Seasons Resort Palm Beach, and Norman’s Cay, an exclusive island in the Bahamas. Four Seasons Fort Lauderdale broke ground in spring 2018 and construction remains on schedule. Pricing for two- to four-bedroom private residences begins at $3.795 million.

For more information about Four Seasons Hotel & Private Residences Fort Lauderdale, private showings, availability or purchasing/ leasing information please fill out the form below:

The $159 Million Playa Vista Isle Sells At Auction To Teavana Co-Founder Andrew Mack For $42.5 Million

Teavana co-founder Andrew Mack has purchased Playa Vista Isle for a massively discounted $42.5 million. The Versailles-inspired estate in Hillsboro Beach made headlines when it hit auction in November after being listed for $139 million in 2014 and raising to $159 million in 205 before being delisted in 2016. Playa Vista Isle is a Neoclassical work of art that is spread out on five acres on one of the highest points of Florida's "Millionaires Mile," and was one of the most expensive real estate listings in the country. The estate was auctioned without reserve at a live auction on November 15, 2019 via Concierge Auctions in cooperation with ONE Sotheby's International Realty and the $42.5 million does not include the buyer’s premium. The auction received attention from 11 bidders before Andrew and Nancy Mack won with the highest bid which is the most expensive residential sale ever to close in Broward County as well as the most expensive to close in 2018. Playa Vista Isle was developed by Robert Pereira, previously called Le Palais Royal, with construction costs in excess of $100 million.

Sean Murphy of Coastal Construction has previously stated, “Our client not only wanted a house with world-class finishes, he wanted a house built to last generations. At every stage of construction, no expense was spared. A house this size with the same spare-no-expense approach, ultra-high-end finishes, and over-the-top unique features like an IMAX theater, could easily have construction costs in excess of $100 million for the building itself.”

The estate was completed in 2018 and ideally located in Hillsboro Beach, which is midway between the metropolitan areas of Miami and Palm Beach, Playa Vista Isle is the only Ocean-to-lntracoastal Waterway estate on the entire Gold Coast to offer both 500± feet of private oceanfront beach as well as two deep-water docks. Play Vista Isles spans 58,000 SF with 11 bedrooms and 22 bathrooms matched with world class amenities including the world's first private 3D-IMAX© in-home theater, a 20-car garage with secure tunnel access, 3,000± bottle wine cellar with individually-controlled temperature and humidity secured by biometric access with an adjacent tasting room, 4,500-square-foot heated infinity edge pool, a Jacuzzi perched 40 feet above the ocean featuring unobstructed panoramic views of the horizon, 13 water features including six waterfalls, and a putting green. The property was carefully constructed using hand-selected finishes from around the globe highlighted with 22-karat gold leaf gilding.

For more information about estates in Hillsboro Beach, private showings or purchasing information please fill out the form below:

The Trump Group & Coastal Construction Announce $600 Million Construction Contract For The Estates At Acqualina

The Trump Group, led by Eddie and Jules Trump, and Coastal Construction have signed an agreement for the construction of the second tower and completion of The Estates at Acqualina, the $1.6 billion residential development in Sunny Isles Beach scheduled to open in late 2020. The $600 million contract ranks as the largest ever for a condominium project in South Florida. Construction crews have been making significant progress with the foundation and site work as they prepare to go vertical.

“With strong pre-sales, commitments from our buyers and clients, and our recent $558 million construction loan announced last month, we are now building both towers and the entire residential development all at once. This assures future residents of a hassle-free move-in, particularly in light of the fact that residences at the Estates are built out to a furniture-ready standard,” said developer Jules Trump. “This is an incredible time for us and we are offering a unique lifestyle that will set it apart from the rest of the world.”

“We are absolutely thrilled to be working with the Trump Group once again after the successful completion of the Mansions at Acqualina,” said Sean Murphy, co-president of Coastal Construction. “The Estates at Acqualina is the most exciting construction project in South Florida right now.”

The Estates at Acqualina will be home to approximately 245 ultra-luxury residences and will feature common areas created by fashion and design icon Karl Lagerfeld. In addition, The Estates at Acqualina will feature three single family homes and three, two-story penthouses, all with private pools within a private gated community. Residences at The Estates at Acqualina are priced from $4.2 to $14 million with penthouses priced up to $35 million.

The Estates at Acqualina will feature the 50,000+ SF amenity center Villa Acqualina. Amenities will include a spa with salt room, fitness center with boxing ring, one of a kind dining with a world renowned restaurant and Circus Maximus, an ice skating rink, a Formula One simulator, a golfing simulator, bowling lanes, a movie theater, a speakeasy, and a Wall Street Trader’s Club room where residents will have access to ticker tape, computers and a boardroom. Residents of The Estates at Acqualina will have access to the neighboring Forbes Five Star and AAA Five Diamond Acqualina Resort & Spa, TripAdvisor’s #1 Beachfront Hotel in the United States and #1 Resort in the Continental United States by U.S. News & World Report.

Check out the drone construction flyover and photo construction update below:

For more information about Estates at Acqualina, private showings or purchasing/ leasing information please fill out the form below:

Coastal Construction Co-President Sean Murphy Sells Contemporary Hammock Lake Drive Estate in Coral Gables For $7.43 Million

Sean Murphy, Co-President of Coastal Construction’s, has sold his home at 5490 Hammock Lake Drive home in Coral Gables, which was purchased by Chicago based family for $7.43 million. The price, which equates to over $1,000 SF, sets a new record in the Hammock Lake neighborhood after the previous high sale was $7.25 million. Murphy, was represented by Hilda Jacobson, Barbara Estela & Brett Harris of Douglas Elliman’s Sports & Entertainment Division; the original list price was $8.99 million. 

Sean Murphy's Coast Construction has been an integral part of building Miami’s skyline, working on buildings such as Faena House and Hotel, the Four Seasons’ Surf Club Resort and Residences, the Miami Beach Edition, SLS Hotel South Beach, St. Regis Bal Harbour, Fendi Château Residences, Miami Design District, the forthcoming Miami World Center.

This Mid-Century Modern estate was influenced by Richard Neutra and features 7 bedrooms and 7 full baths and 1 half-bath. When sold the home featured designer finishes and interiors by Jeffrey Lamb including marble floors, on-point furnishings, wood floors as well as a Crestron smart house system. An space efficient layout takes advantage of the home 7,274 SF with a large living room with fireplace, dining room with wet bar, gourmet kitchen, and ground floor master suite. Outside, a tranquil tile line pond runs alongside the master bedroom leading perfectly manicured grounds all spread over 1 acre hidden behind oak trees with a gated entry. The pool and deck complete with a cabana with summer kitchen provide the perfect place to entertain.

Photos via Douglas Elliman