Kast Construction buys out parent Kolter

Top managers at Kast Construction, the West Palm Beach-based contractor that has been among the more active builders along the Gulf Coast this economic cycle, are buying out parent and founder The Kolter Group.

Kolter, developer of the One St. Petersburg condo tower and hotel in St. Petersburg, Vue Sarasota Bay condo and Westin hotel, The Mark condo, office and retail complex and the forthcoming Ritz-Carlton Residences all in Sarasota, founded Kast in 2005.