New Jersey Dept. of Transportation recently leveraged $70 million in American Recovery and Reinvestment Act funds to proceed with the second phase of a major replacement project on the Route 52 causeway near Atlantic City, improving a key link to the southern Jersey shore. Traffic volume tops 40,000 vehicles daily in summer, NJDOT says. Ocean City, N.J. Photo: NJDOT Causeway bridges are being replaced to handle heavy shore traffic. Related Links: Stimulus: A Snapshot of Top Shovel-, Wrench- and Pencil-Ready Projects Agency spokesman Tim Greeley says the $251-million project will create 500 new construction jobs throughout its three-year duration. There
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.