Lots of interesting things happened this week in the world of real estate. Notable stories this week included new plans to renovate Bayshore Grove in Coconut Grove, South Florida construction spending, and more.

Catch up on this week’s top news with our real estate news roundup:

Newly-renovated tower will include 98 apartments along S. Bayshore Drive – Terra, a Miami-based real estate development firm, is renovating Bayshore Grove, a seven-story building in Coconut Grove, to include 98 luxury rentals. Renovations are expected to be completed in August.

Construction spending in South Florida is on the rise – Despite a recent dip in construction spending, South Florida’s construction industry is on its way to outpacing the $6.3 billion spent last year. The Real Deal has the details here.

LSR Communities looking to sell properties after falling on hard times – A team from Marcus & Millichap is representing LSR Communities, a Houston-based owner, as it  divests itself of properties in Orlando, Boca Raton, and Coral Springs. The Daily Business review has the full story here.

EWM Realty welcomes seven new associates to Miami Beach branch – Esslingen Wooten Maxwell (EWM) Realty International, has added seven new associates to its Miami Beach office. The new associates include Magdalena Angeli, Stacie Chavin, Lauren Collazo, Katherine Dorfman Matz, Lucy Gomes, Linda Prast Grosz, and Charlotte Tomic.