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
A debate over taxation and government spending is nearing a conclusion as Georgia voters ready for the July 31 election over a penny sales-tax increase that could boost transportation funding by an estimated $18.7 billion. Related Links: Battle Heats Up Over Georgia's Transportation Sales Tax Vote Atlanta BeltLine: Local Architect's Big Idea Reshapes Atlanta Twelve separate regional elections for a special purpose local option sales tax (SPLOST) will help decide the statewide vote over the Transportation Investment Act. If passed, the tax increase would be enacted in the regions in which voters approved the measure and remain in effect for
As hearings into Duke Energy's surprise ousting of CEO William D. "Bill" Johnson wrapped up July 20, a pending repair project at the troubled Crystal River nuclear powerplant remained a leading suspect for the boardroom shake-up. However, it remained unclear whether the North Carolina Utilities Commission would examine the matter further. Photo from Progress Energy filing to Nuclear Regulatory Commission At recent hearings into Duke Energy's merger with Progress Energy, the impact of repair and insurance issues at the Crystal River nuclear plant remained a focus. Related Links: Bill Johnson: Duke Energy Fully Informed About Crystal River Duke's Secret Nuke
Gains in the building sectors pushed South Carolina’s May total for new contracts 28% higher than the same period of a year ago, according to McGraw-Hill Construction. The company estimated the state’s new contracts at $608.3 million, compared to last May’s $476.2-million tally. Photo by Shaw Group; courtesy SCANA Corp. At the V.C. Summer Nuclear Station project in Jenkinsville, S.C., the heavy lift derrick was constructed and underwent load testing while excavation began on the Unit 3 site. Related Links: North Carolina Sees All Sectors Move Up in May Nuke Project Boosts South Carolina Contracts in April The nonresidential category
Residential contracts surged in May, but Georgia’s other sectors fell significantly, resulting in a flat overall monthly total for new construction contracts, according to McGraw-Hill Construction. Photo courtesy Brasfield & Gorrie Through May, Georgia's nonresidential building sector is 18% behind 2011's pace. Pictured here: Perkins+Will's LEED platinum-rated new headquarters, built by Brasfield & Gorrie. Related Links: Georgia Contracts Tumble 11% in April Residential Gives Life to Florida Contracts in May Residential contracts totaled $390.7 million for the month, or 26% better than last May, according to McGraw-Hill. The nonresidential sector fell 14%, however, for a $426.5-million total. The nonbuilding category
Across-the-board improvement in all three of McGraw-Hill Construction’s main construction categories pushed North Carolina’s contracts total 33% higher than a year ago, according to the company. The jump represented nearly $1.6 billion in new contracts moving forward during the month. Photo courtesy Hermosa Construction Group Hermosa Construction Group recently completed its Blue Ridge Community Health Center project in Hendersonville, N.C. Related Links: North Carolina's Nonresidential Slump Continues in April In North Carolina and Florida, Talk of Toll Roads Heats Up The nonbuilding sector, which includes infrastructure projects, showed the biggest relative gain, recording nearly $325.3 million in new contracts during
A 70% surge in new residential projects overcame downturns in the other sectors to boost the overall value of Florida’s May construction contracts to nearly $2.2 billion, according to McGraw-Hill Construction. The total was a 19% improvement over the same period of a year ago. Image courtesy Plaza Construction Group Florida Plaza Construction of Miami recently started work expanding the Dadeland Mall, a project the contractor reports is valued at more than $100 million. Related Links: Florida Contracts Keep Building Momentum in April Funding Makes Long-Planned Wekiva Parkway Project a Reality For the month of May, McGraw-Hill recorded just over
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