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Centex begins construction on new Manatee County high school.

FORT LAUDERDALE Fort Lauderdale (lô`dərdāl), residential, commercial, and resort city (1990 pop. 149,377), seat of Broward co., SE Fla., on the Atlantic coast; settled around a fort built (c.1837) in the Seminole War, inc. 1911. , Fla.--(BUSINESS WIRE)--April 10, 1997--Centex Rooney Construction Co. Inc. Thursday announced it has begun construction on Lakewood Ranch Lakewood Ranch is a master-planned community that has been developed since 1994 on the border of Manatee and Sarasota counties in Florida[1]. The development is to the East of I-75 and sits mainly between University Parkway to the South and State Road 64 to the North.  High School, a $33 million project in Manatee County just outside of Bradenton, Fla.

The 287,000 square-foot high school is scheduled for completion in August 1998. The high school, with accommodations for approximately 1,900 students, will have four academic classroom buildings and also will include a 650-seat auditorium, media center, cafeteria, gymnasium, locker rooms and administrative offices.

Said Gary Huggins, project manager for Centex Rooney, "With a lot of hard work we've overcome some difficult budget challenges, but we've gotten the guaranteed maximum price A Guaranteed Maximum Price (also known as GMP, Not-To-Exceed Price, NTE, or NTX) contract is a cost-type contract (also known as an open-book contract) where the contractor is compensated for actual costs incurred plus a fixed fee subject to a ceiling price.  approved and we will provide superior quality work and service to complete this project."

Centex Rooney Construction Co. Inc. is a 64-year-old Florida-based builder headquartered in Fort Lauderdale with regional offices in Miami, Orlando, Fort Myers Fort Myers, city (1990 pop. 45,206), seat of Lee co., SW Fla., on the Caloosahatchee River, near the Gulf of Mexico; founded 1850, inc. 1905. It has a tourist trade and light industry and is a shipping point for citrus fruits, winter vegetables, flowers (especially , and Jacksonville. Centex Rooney, Florida's largest general contractor and construction manager, is a subsidiary of Centex Construction Group, a division of Centex Corp. Dallas-based Centex Corp., a New York Stock Exchange New York Stock Exchange (NYSE)

World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City.
 company (symbol:CTX CTX Context (Management; Tandem)
CTX Centex Corporation (stock symbol)
CTX Centrex
CTX Cyclophosphamide
CTX Corporate Trade Exchange
CTX Cytoxan
CTX Cholera Toxin
CTX Clinical Trial Exemption
), also is one of America's largest home builders and single-family mortgage originators.

CONTACT: Centex Rooney Construction Co.

Larry Casey

Phone: 954/771-7122

Fax: 954/776-4857
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Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 10, 1997
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