As we start 2014, we’re excited to see what the New Year will bring! According to several reports, one thing 2014 holds is growth for the commercial construction industry. Jones Lang LaSalle reported that the outlook for the U.S. commercial construction industry at the end of 2013 was positive and has identified four key trends which are helping it grow: more financing, rising construction costs, green building features, and funding for infrastructure updates from public-private partnerships (PPPs).
And according to McGraw-Hill, moving into 2014, the construction market should see an increase of 17%, up slightly higher than the 15% gain seen in 2013. The increase is attributed to the building of more warehouses, hotels, stores, and office buildings as well as more bank lending for commercial projects.
At Macuch Steel, we certainly predict these reports to be true as we continue to stay busy. Our current local commercial projects include the new Cabela’s store in Augusta, GA as well as a wellness center expansion for the Brandon Wilde Senior Living Community in Evans, GA. To view more photos of our current projects, visit our Macuch Steel Facebook page. You can also find out more about our services by visiting our website.