Developers Carpenter & Co. and Woodward Design + Build are working with the city of New Orleans to redevelop the old World Trade Center into a 350-room Four Seasons Hotel, which will also have 76 condos.
Over the last three years, Baton Rouge-based Performance Contractors has steadily climbed up ENR Texas & Louisiana’s annual Top Contractors ranking, going from 19th in 2014 to 14th in 2015 and now up to No. 8 in 2016.
Regional contractors are poised for healthy growth in the years to come, with many firms projecting consistent construction demand following a steady performance in 2015 and the first half of 2016.
Downtown New Orleans is seeing an unprecedented amount of hotels under development and construction, Angela M. Latino-Geier says, with member firms experiencing a level of demand unseen in more than 20 years.
Contractors have broken ground on a $3 billion chemical plant complex in Southwest Louisiana. The project is a joint venture between Lotte Chemical Corp. of South Korea and Axiall Corp. of Georgia.
According to ENR Southeast's recent Top Specialty Contractors survey, firms working in the four-state region achieved a nearly 25% gain in revenue during 2015.
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