Friday, September 19, 2014

Home News Dallas-area commercial construction jumps

Dallas-area commercial construction jumps

Commercial contracts up 85% in June

Citybiz Real Estate | August 3, 2011

Contracts for future commercial construction in the Dallas-Fort Worth-Arlington Metropolitan statistical jumped 85 percent this past June when compared to June 2010, according to McGraw-Hill Construction.
 
Non-residential construction contracts tracked by McGraw-Hill's Research and Analytics unit totaled nearly $594 million in June 2011, up 85 percent from $321.5M in June 2010.
 
Perhaps it has something to do with the last month of the quarter. March 2011 showed similar numbers, when non-residential construction contracts totaled $535.3 million, up 82 percent from $275.2M in March 2010.
 
Either way, these jumps have helped Dallas overcome less positive numbers from the first quarter, when future construction contracts fell to $895 from $950 million in 2010, a drop of 6 percent.
 
For the first two quarters of 2011, future construction in the metropolitan statistical area totaled just short of $2.13 billion, an increase of 8 percent over the same six months of 2010.
 
McGraw Hill defines commercial real estate construction as commercial, manufacturing, educational, religious, administrative, recreational, hotel, dormitory and other non-residential buildings.
 

The metropolitan statistical area measured included Dallas-Fort Worth-Arlington, which consists of Collin, Dallas, Delta, Denton, Ellis, Hunt, Johnson, Kaufman, Parker, Rockwall, Tarrant and Wise in Texas. 

Top news

Bold moves

Evergreen Nursery didn’t make it 150 years by standing idle.

Riverbend Nursery acquired by equity firm

Post-acquisition, Riverbend will expand its plant segment and green roof business.

A step ahead

Centerton Nursery’s water recycling system provides 30 million gallons of water each year.

New varieties honored at 2014 Farwest Trade Show

The New Varieties Showcase featured 52 different plants, and judges and attendees selected their favorites.

MANTS announces show dates, opens online registration

Baltimore-based horticultural industry trade show marks 45th year at the Baltimore Convention Center

x