Friday, November 21, 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

Phragmites: a problem in Michigan

Ornamental plant nursery growers should scout production fields for this invasive weed.

GrowIt! wins mobile app award

The social gardening app was named best in its market category.

Purdue arboretum promotes plant database project

The university's collection of woody plants includes 75 new trees each year.

Invasive stink bug found in second Idaho city

The brown marmorated stink bug feeds on a wide range of fruit and vegetable crops.

Submit your best selections for New Plant Pavilion

The deadline for submissions is Dec. 1.

x