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Ecosteel USA Proposes $240M Steel Mill Complex In Homestead

Ecosteel USA, a construction and engineering firm and building supplier, is proposing a $240 million steel mill complex on about 124 acres of county-owned land in Homestead, outside the Homestead Air Reserve Base.

The Ecosteel facility would be an “eco-friendly steel mill,” meaning it would use an electric furnace to melt scrap steel into billets. The company said it expects to produce about 1,000 tons of steel a day,and would include a rebar mill.

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Miami Wants Rail Permits. Trump: ‘We’ll Get Them For You So Fast Your Head Will Spin.’

President Donald Trump pledged environmental regulation wouldn’t hold up Miami-Dade’s quest for more rail projects, telling a county commissioner that federal permits will arrive “so fast your head will spin.”

The longtime owner of one of Miami-Dade’s largest resorts, Trump told Commission Chairman Esteban “Steve” Bovo that federal red tape won’t hold up local transit projects.

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Four Predictions For The Industrial Market In 2018

The industrial sector flourished in 2017.

Real estate research firm Real Capital Analytics (RCA) noted in a recent report that the industrial sector, seeing gains from rising e-commerce sales and the resulting need for industrial facilities, was the only commercial real estate sector last year that saw an increase in transaction activity from January through November.

NREI discussed possible trends to look out for in 2018 with several market observers.

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