Rawabi, a planned city for 40,000 residents, is under construction in the West Bank. The first phase will encompass about 100 residential buildings between five and nine stories tall, ranging from 2,800 to 3,500 square meters, as well as schools and other public and commercial buildings. The 1,557-acre site covers the slope of a hill in Birzeit, a university town located just north of the town of Ramallah in the West Bank and 10 miles north of Jerusalem. “Rawabi” means “the hills” in Arabic. Earthmoving and road construction began late last year, and construction of the buildings began in June. The
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.