The often-turbulent journey of Miami International Airport’s $6.2-billion capital improvement program is currently flying smoothly, yet officials also are braced for what they say is the most challenging construction period of all. “This is the decisive year,” says Jim Eldridge, construction manager for the joint venture of Odebrecht Construction, Inc., Coral Gables, Fla., and Parsons Transportation Group, Pasadena, Calif. “It’s like playing the Super Bowl every day for six months.” Photo: Andres Romero/ Parsons Odebrecht J.V. More than 800 construction workers a day are currently working on Miami’s expanding north terminal. Photo: Andres Romero/ Parsons Odebrecht J.V. The joint venture
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.