Even as the rivers of Middle and West Tennessee are returning to their pre-flood levels, damage estimates are rising rapidly. Nashville Mayor Karl Dean (D) on May 11 raised the damage estimate for the city to $1.56 billion, with 99% of the private sector having been inspected. Absent from the total are public buildings and infrastructure damaged by torrential rain that fell on May 1 and 2. Photo: Aerial Innovations of Tennessee PSC Metals Inc.’s recycling facility southeast of downtown Nashville sits submerged in floodwater after the Cumberland River overflowed its banks. David Penn, director of the Business and Economic
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.