Based on America’s need and passion for highway transportation, a state department of transportation could be considered for Owner of the Year just about any year.
Public owners, anticipating passage of the $2-billion NC Connect bond measure, are making preparations to move forward on planned projects, says Jill Wells Heath.
Residential sector rises 5% from last month, but non-residential projects dip 1% and the non-building category declines 2%, Dodge Data & Analytics reports.
Denver makes the top 10, with 19% commercial growth for the year
February 10, 2016
Rounding out the top five metro areas in 2015 were Miami, Dallas-Ft. Worth, Chicago and Washington, D.C. Cities ranked six through 10 were Los Angeles, Boston, Seattle, Houston and Denver.
“Los Angeles is in the midst of a building boom beyond anything seen here since the 1980s, driven by the severe lack of housing and the redevelopment of Hollywood and downtown Los Angeles,” Bob Hale says.
After 12 months of ups and downs, the final tally for 2015’s total construction starts ended the year with an 8% annual increase, representing $646 billion in new work, according to Dodge Data & Analytics.
Dodge Data & Analytics says last month's projected new-project volume fell 5% from October's rate but January-November total climbed 8% from the year-earlier period.