The nation’s construction industry is continuing to recover, primarily in the housing construction sector, according to the latest construction cost report from property and construction consultant Rider Levett Bucknall.
The commercial, hospitality and business industries are planning for construction growth throughout 2013 while the health-care and manufacturing industries should see steady improvement throughout the latter half of 2013. Denver has experienced a quarterly increase in “in-place” construction costs of 0.6%, slightly below the national average.