Some older American cities are sick and dying. Often strategically located along waterways and important transportation infrastructure, they evolved over centuries to support U.S. heavy industry, which largely has disappeared. Also disappearing with those businesses were jobs, opportunities and people. But they left behind the wreckage of residential, commercial and industrial structures that no longer have a purpose. Cities like Cleveland, Detroit, Baltimore and Camden are struggling to reinvent themselves and start anew, but they are burdened with thousands of abandoned or deteriorated structures that breed crime, drugs and violence and form a barrier to progress. The opportunity for such
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.