Construction Spending Rises To Four-year High

Construction delays causing headaches for Pearland businesses

We visited the construction areas, took hundreds of pictures and went door-to-door to talk with business owners. February, 2010 According to TxDot reports, construction crews arrived in February of 2010 and started work to widen a 2.6-mile stretch of SH 35 from Broadway St. to Beltway 8 to four lanes after a $21.7 million contract was awarded to Triple B Services LLC. Since then, drivers have complained that getting around has been a challenge and many people abandoned the road for other routes. Despite the issues, some business owners remain optimistic the end result will make up for the mess and noise of daily construction crews. Its been an inconvenience but were dealing with it, Jeanene Shiver, owner of Creative Lighting said.

bridge-work

The forecast is for a further increase to a level of 1.13 million homes and apartments in 2014. The overall economy grew at an annual rate of 2.5% in the April-June quarter, an improvement from a growth rate of 1.1% in the first three months of the year. MARKETS: How stocks are performing Tuesday Federal Reserve Chairman Ben Bernanke has said the central bank is prepared to start reducing its monthly bond buying later this year if the economy and labor market keep improving. Some economists believe the first cut in the $85 billion per month in bond purchases might come at the Fed’s next meeting on Sept. 17-18.

Construction firms hit hiring crunch

A splash pad, an alternate not included in the first phase, would cost an additional $146,000, Ross said. The project is in the design development phase and could be let for bid in December with construction possibly starting in February 2014. “We’ll probably be, at the latest, complete by 2015 February,” Ross said. Ross provided this overview of the features of the park: An event center with a party room, park ranger office, restrooms, storage, and a pump room for the splash pad. Two playgrounds, one for kids ages 2-5 and another for ages 5-12, with a capacity for 80 kids. A 230 seat covered amphitheater and performance stage. A disc golf with nine holes and three practice holes.

Construction of first phase of $1.2 million Pinson park project could be complete early 2015

Email | Twitter | Google+ | LinkedIn Close to three-fourths of construction companies are having a difficult time finding qualified workers and experiencing labor shortages, according to a recent survey from the Associated General Contractors of America, a trade group. The survey covered 700 firms across the country, of which 74 percent said hiring is a challenge now that construction activity is picking up. Some the hardest jobs to fill include onsite roles such as carpenters, equipment operators, laborers and administrative jobs such as project supervisors, estimators and engineers. Stephen Sandherr , CEO of the contractors association, said that the situation is likely to worsen during the next couple of years. aWe need to take short- and long-term steps to make sure there are enough workers to meet future demand and avoid the costly construction delays that would come with labor shortages,a Sandherr said. Construction jobs are growing in the Bay Area, with about 95,000 workers currently employed, up from about 79,000 in 2010, and projections reach more than 118,000 by 2018, according to Beacon Economics, a San Rafael-based firm. That includes construction workers in Contra Costa, Alameda, Marin, San Mateo and San Francisco counties.

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