Unconventional Partnership

The Seminole Tribe of Florida wanted to get into development. Stiles Construction was looking for access to federal work. Fate, or perhaps hard work, brought them together in a 51/49 JV. (Look for a Disney moviechronicling the romance.)

Stiles director of public projects David Lowery tells usthe tribe wanted to expand into other businesses, including development and construction, to buildcommercial and residential projects on its own land and other places. Stiles will work with subcontractors and suppliers owned by tribal members to pass along its expertise. Meanwhile, Stiles gainsaccess to provide construction services to other Native American tribes and pursue federal 8(a) set-aside contracting work accessible only to federally recognized groups.

The JV's first project is the $25M renovation of the 140k SF Seminole Classic Casino in Hollywood, the first Native American gaming venue in the country, seen here during its grand re-opening this month. The work included a complete transformation of the building's exterior and interior, plus upgrades to the parking lot and landscaping. Other JV projects in the pipeline include the Brighton Public Safety Complex and the new Noodle Bar at Jubao Palace at the Hard Rock Seminole Hotel & Casino.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's South Florida Newsletters
Related Stories

Gencom-Led Partnership Acquires InterContinental Hotel In Downtown Miami

South Florida's Leading Developers To Discuss Upcoming Projects And Market Growth

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Tyko Capital Sets New Record For Florida's Largest Construction Loan

How Microsoft, Coca-Cola And Amazon Are Adapting Their Offices For AI Age

Foundry Robotics Leaves San Francisco For New East Bay HQ

Tenant Rep Firm Expands To Philly, Hires Industry Veteran

Data Centers Lose The Top Spot, San Francisco Jumps 40 Places: 9 Takeaways From ULI's 2027 Outlook

Blanca CRE Hires Former Nuveen Exec: The South Florida Deal Sheet

Developers Up Sunny Isles Beach St. Regis Debt Again With $463M Loan

BKM Capital Isn't Tapping The Brakes On Its $3B Industrial Buying Spree

Cushman & Wakefield, NYC Added To Suit Alleging $250K Agency Lease Shakedown