Related Links: Florida Contracts Fall 50% in February Georgia Contracts: 23% Decline in February North Carolina Contracts Decline 10% in February The overall value of South Carolina construction contracts fell by 33% in February, compared to the same period of a year ago, according to McGraw-Hill Construction, the publisher of ENR Southeast. The monthly total for new contracts was $482.5 million, down from last February’s $720.5 million. All three construction sectors experienced significant declines. The nonbuilding category, which includes transportation and civil projects, dropped 43% and totaled $142.6 million for the month. Nonresidential contracts declined by 37% and tallied $116.3
Merlin Entertainments Group of London announced plans to bring the Orlando �Eye,� a 425-ft tall Ferris wheel, along with a Madame Tussauds wax museum, to the proposed $130-million I-Walk Orlando entertainment and restaurant center in the city�s tourist corridor. Image: Antunovich Associates, Courtesy Unicorp National Developments Unicorp National Developments of Orlando will develop I-Walk with partner and wheel owner Circle Entertainment of New York, says Chuck Whittall, owner of Unicorp. Merlin will rent the space and operate the attractions. An average of 10,000 people per day visit Merlin’s London Eye observation wheel, according to Merlin. Sally Ann Wilkinson, spokesperson for
Two firms studying potential ridership for the now-cancelled Tampa-to-Orlando high-speed rail line concluded separately that the system would have been profitable by its first year, according to preliminary data released in early March by the Florida Dept. of Transportation. According to the findings, the $2.7-billion system would have generated $62.9 million in revenue in 2015, its first year of operation, along with an estimated $10.24 million in profit. By its 10th year of operation, the latest estimates indicated $91.75 million in revenue and $28.6 million in profit. Though the study is not yet complete, FDOT presented the preliminary data to
The value of new Florida contracts signed in January for future construction tumbled by 50%, according to McGraw-Hill Construction, publisher of ENR Southeast. The result was approximately $1.25 billion in new contracts, compared to last January�s total of more than $2.5 billion. The bad news to start 2011 was widespread, with both the nonbuilding and nonresidential sectors dropping dramatically. The nonbuilding category, which includes infrastructure and civil contracts, fell 78% compared to last January, and totaled $200.3 million. The nonresidential sector experienced a 58% drop for the month, ending up with nearly $397.3 million in new contracts, well down from
Georgia construction continued its reduced pace in January, as McGraw-Hill Construction reported that the value of new contracts fell 19% in January, compared to the same period of a year ago. Overall, the value of new contracts during the month totaled approximately $733.9 million, down from last January�s $909.5 million. The nonbuilding sector, which includes infrastructure and civil contracts, declined by the greatest percentage. The value of these new contracts totaled $133.6 million, or 47% below last January�s $251.2 million. Nonresidential contracts also declined, totaling $355.1 million, down 11% from the same period of a year ago. Residential contracts totaled
The pace of new North Carolina construction contracts got off to a slow start in January, according to McGraw-Hill Construction, publisher of ENR Southeast. The company reported that the state registered approximately $908.5 million in new contracts during the month of January, down 22% from last January�s nearly $1.2-billion total. All three of McGraw-Hill Construction�s project sectors showed double-digit declines for the month. The nonbuilding category, which includes infrastructure and civil contracts, fell 41% compared to the same period of a year ago, and recorded just $139.7 million in new volume. Meanwhile, the residential sector tallied roughly $376.1 million in
A surge in commercial work fueled a 21% improvement in the value of new South Carolina contracts in January, according to McGraw-Hill Construction, publisher of ENR Southeast. The overall total for the month was $618.4 million, up from last January�s $509.5 million. According to the company, South Carolina�s nonresidential category recorded nearly $276.4 million in new contracts, more than double the amount tallied during the same period of a year ago, when it totaled $119.3 million. The other two construction sectors experienced declines in new contracts. The value of new residential contracts fell 4% compared to last January, for a
Scott Fisher was promoted to the position of vice president of information services for Barnhill Contracting Co. in Raleigh, N.C. Fisher previously served as the company’s IT director. PRIVITERA FISHER Brendan Horgan was named chief executive officer of Sunbelt Rentals, an equipment rental firm based in Fort Mill, S.C. Horgan, who replaces Joe Phelan , has been with Sunbelt Rentals for the past 15 years, previously serving as chief operating officer and chief sales officer. Randy Thron was named senior vice president of federal programs for BRPH in Melbourne, Fla. He has been with BRPH for 25 years. David Privitera,
SnapShot March 7, 2011 Construction of the $48-million Soho Beach House Construction of the $48-million Soho Beach House, a members-only hotel in Miami, involved the historical restoration of the 1940s-era Hotel Sovereign. A section of the existing hotel was removed to make way for a 17-story tower. The addition of a rooftop amenities deck on the eighth floor of the existing hotel required structural enhancements. Contractor Moss & Associates worked with local architect Allan T. Shulman. Photographer: Angi Gatica Submitted By: Mark Sell, director of client services, Wragg & Casas Public Relations, Miami
On The Scene March 7, 2011 Our editors are everywhere�at all the industry events that matter most. When They're not speaking on panels, they're busy taking notes�and snapping photos�so they can inform their readers about what was said and who was there. Topping Out Topping Out In January, Balfour Beatty Construction topped out its 396 Alhambra Circle project in Coral Gables, Fla. The $130-million project includes remodeling a seven-story building and constructing a 15-story, 189,000-sq-ft office tower, which is precertified LEED Gold. Photo Courtesy Of Balfour Beatty Construction 2011 Outlook 2011 Outlook On Feb. 1, McGraw-Hill Construction welcomed contractors and
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