DM Constructors, Kast Construction form joint venture

DM Constructors LLC and Kast Construction have formed a joint venture to take advantage of “major synergies” they share in the senior living, healthcare, performing arts, multifamily and lodging sectors.

Kast, a West Palm Beach construction management firm that is affiliated with developer The Kolter Group, is currently building the $200 million, twin-towered Vue Sarasota Bay and Westin Hotel; the 41-story One St. Petersburg residential and hotel tower; and The Mark, a mixed-use retail, office and residential project in downtown Sarasota — all Kolter projects.

DM has completed more than 100 healthcare-related, senior living and other projects.