Southwest City Scoop: Construction Starts in Tucson
Total Construction Spending on Track to Grow by More Than 18% In 2018
Residential work is expected to show particular strength. Highways and bridges are also due for growth.
City Grill
Barbi Reuter
Vice Chair of Board of Directors
Tucson Metro Chamber
Arizona’s second-largest city “has really been on fire as of late,” Reuter says. Although post-recession recovery was slow, the recent completion of a modern streetcar line connecting downtown to the University of Arizona has helped, she says. The Rio Nuevo District has leveraged private investment downtown as well. Another bonus is an improved industrial market and equilibrium in the vacancy rate, Reuter says, adding that the city’s housing market is rebounding, with 3,000 permits expected in 2017.
Firm in Focus
Lloyd Construction Co.
2180 N. Wilmot Rd., Tucson
President: Bill Lloyd
Founded: 1969
What’s New: The firm recently worked on the AC Hotel and a hangar canopy for the Pima Air and Space Museum. It also remodeled a locker room for the University of Arizona Student Recreation Center.
