Southeast City Scoop: Raleigh Construction Starts
Overall Raleigh-area contracting volume expected to fall by 9% in 2019
According to Dodge Data & Analytics, all three major project categories will see declines in new contracts.
City Grill
Richard Cerretti
Division Manager, Carolinas Division
JE Dunn Construction
While the Raleigh-area construction market has seen a steady level of new contracts over the past several years, Cerretti and others at JE Dunn believe they see a healthy increase in volume coming in the near future. “While current opportunities are in line with prior years, we see a number of indicators that lead us to believe the next year to 18 months will produce a significant increase in opportunities across all sectors,” he says. For example, “We interpret heightened competition for hiring as a positive indicator.”
Firm in Focus
JE Dunn Construction
414 Fayetteville St., Ste. 313, Raleigh
Division Manager: Richard Cerretti
Employees: 159
Founded: 1924
What’s New: The contractor is building a 225,000-sq-ft food, chemical and pest research and testing center in west Raleigh for the N.C. Dept. of Agriculture and Consumer Services.
