“We are seeing a lot of development in Louisville with the veteran’s hospital [Veterans Affairs Hospital, John Cochran V.A. Medical Center], the completion of Metropolitan Sewer District’s Waterway Protection Tunnel and continued downtown development,” Tucker says.
Like the rest of the industry, Tucker is keeping an eye on inflation, rising interest rates and federal infrastructure spending.
“Throughout the AEC industry, everyone is still waiting to understand what changes could come from infrastructure funding and everyone is anxiously watching the impacts of inflation and long lead times,” she says.
The easing of the pandemic is bringing opportunities.
“We expect to continue seeing growth throughout Louisville with a focus on revitalizing tourism venues that were impacted due to the pandemic,” she says. “We could see construction projects guided by infrastructure funding. There is also a need to consider the budget and schedule impacts in how we do business —being more open to options for material availability, locking in prices, etc.”