The volume of South Carolina’s nonresidential construction contracts fell 10% in July, while residential and infrastructure projects edged downward slightly. The end result was an estimated $539.2 million in new contracts during the month, for a 3% overall decline, says McGraw-Hill Construction. Photo courtesy South Carolina State Ports Authority The planned deepening of Charleston, S.C.'s port has been identified as a critical project by the federal government. Related Links: July Was Rough for North Carolina Construction Contracts Building Markets Boost South Carolina Contracts in May For July, the state’s new nonresidential contracts tallied roughly $138.9 million, or 10% lower than
The overall volume of new North Carolina construction contracts fell 31% in July, as just over $1.3 billion worth of projects moved ahead, according to McGraw-Hill Construction. Photo courtesy N.C. Dept. of Transportation Lane construction on North Carolina's Interstate 85 is continuing, but nonbuilding contracts are slowing. Related Links: Pace of Florida Contracts Regains Momentum in July Georgia's Nonresidential Market Wakes Up in July The decline was due to weakness in the nonresidential and nonbuilding categories, according to McGraw-Hill. Nonresidential projects generated an estimated $268.2 million in new work in July, representing a 48% drop, compared to the same period
Georgia’s nonresidential construction market experienced some of its best news of the year in July, as the volume of new building contracts improved 68% for the month, generating roughly $589.2 million in new contracts, according to McGraw-Hill Construction. Photo by Ashton Staniszewski, JS; courtesy OliverMcMillan Developer OliverMcMillan recently announced the restart of its $1-billion Buckhead Atlanta project, previously known as the Streets of Buckhead. Related Links: $1-Billion Atlanta Intermodal Project Wins Federal Acceleration Pace of Florida Construction Contracts Regains Momentum in July State contractors had more to cheer in the nonbuilding construction category, too, as infrastructure contracts surged 56% to
Florida construction markets gained further momentum in July, as an estimated $2.2 billion of new contracts moved ahead during the month, according to McGraw-Hill Construction, publisher of ENR Southeast. July’s overall total was a 23% improvement compared to the same period of a year ago. Photo courtesy Suffolk Construction Co. Suffolk Construction Co. recently broke ground on a Marriott hotel project in Pompano Beach, Fla. Related Links: Nonresidential Cools in June, Slowing Pace of Florida Contracts Residential Gives Life to Florida Contracts in May The residential sector continued its upward climb, with its $1.2-billion tally for July representing a 26%
Frustrated and perplexed by continuing problems at a $300-million veterans hospital project in Orlando, Rep. Jeff Miller (R-Fla.) told officials with the Dept. of Veterans Affairs and contractor Brasfield & Gorrie, "I want answers," as he convened a U.S. House field hearing across the street from the troubled job site on Aug. 13. Photo by Scott Judy The general contractor and the Dept. of Veterans Affairs remain at odds over when the roughly $300 million Orlando hospital project can be completed. Related Links: Construction CEO's Testimony Offers Glimpse Into Troubled Project VA Threatens to Terminate Builder in Orlando Instead, the
A $1-billion intermodal center being developed in Atlanta via a public-private partnership received a boost from the White House recently that could help accelerate the project by as much as a year, officials say. Related Links: Georgia Transportation Tax Vote Delivers Only Small Boost for Roadbuilders Construction Groups See Bright Spots in MAP-21's Details The Georgia Dept. of Transportation is leading the MultiModal Passenger Terminal (MMPT) project as part of its P3 program, backed by MARTA, the Atlanta Regional Commission, the Georgia Regional Transportation Authority, Central Atlanta Progress/Atlanta Downtown Improvement District and the city of Atlanta.GDOT describes the project as
The volume of new building construction contracts in Georgia fell during June, leading to a 15% overall decline for the month, according to McGraw-Hill Construction. The company estimated that roughly $1.1 billion in new projects moved forward during the month. Photo courtesy Southern Company Georgia Power's nuclear powerplant project has boosted Georgia's 2012 contracts total considerably, but nonresidential contracts are lagging. Related Links: Georgia Tax Vote Delivers Only Small Boost for Roadbuilders Georgia's Ups and Downs Add Up to a Flat May The nonresidential market dropped the most, diving 30% compared to the same period of a year ago for
A big drop in the volume of new nonresidential contracts pushed Florida’s overall June total down 18%, compared to a year ago, according to McGraw-Hill Construction, publisher of ENR Southeast. The company estimated the value of new Florida contracts at roughly $2.1 billion for the month. Photo submitted by Skanska USA Skanska USA recently broke ground on an Academic Health Center project at Florida International University in Miami. Related Links: Residential Gives Life to Florida Contracts in May So Far, So Good for Florida's Construction Recovery Florida’s nonresidential sector registered an estimated $411.9 million in new contracts in June, 59%
Georgia voters on July 31 widely rejected the state’s pitch for a penny sales tax increase that could have delivered as much as $18.7 billion in funding for transportation. The Transportation Investment Act measure did pass in three of the state’s 12 regions, however, providing roadbuilders a modest boost in funding, estimated by the Georgia Dept. of Transportation at roughly $1.8 billion over the next 10 years. Image courtesy Atlanta BeltLine The ongoing $2-billion Atlanta BeltLine project would have received more than $600 million from the transportation tax to fund additional light-rail lines. Related Links: Georgia Transportation Tax Vote Set
RSS
