Texas & Louisiana City Scoop: Fort Worth
Executive Vice President
Fort Worth, the seat of Tarrant County, reaffirms the strength of Texas construction.
“Our market continues to see growth with a solid project pipeline, particularly in the K-12, higher education, health care and hospitality sectors,” says Krueger, adding that demand is also strong across the northern part of the county in the Southlake and Alliance areas.
In November 2017, voters approved a $750-million bond package for capital improvement projects throughout the Fort Worth Independent School District. The ISD is in the design phase, with the first construction opportunities expected to go to bid between the fourth quarter 2018 and first quarter 2019, he says.
In November, voters will consider an $800-million bond to acquire, construct, improve, equip or enlarge facilities of the Tarrant County Hospital District, operating as the JPS Health Network. “If approved, this will create more opportunities,” he says.
Despite the continued shortage of skilled workers, the future appears robust, at least for the next year. “With a solid pipeline of new projects coming online, we don’t see a precipitous drop-off,” he says.