Construction contracts in South Florida up by $3.4B in 2014, report shows

Posted on 02 Feb 2015 in Miami What's New | 0 comments

Construction

Construction contracts in South Florida are up — significantly, according to a report released last week.

From 2013 to 2014, there was an overall 52 percent increase in construction contracts awarded in the tri-county area, a difference of about $3.4 billion. That breaks down into a 35 percent increase of nonresidential construction, a difference of nearly $900,000, and a 62 percent increase in residential construction, or about $2.5 billion.

The Dodge Data & Analytics also showed the percent change of construction activity from December 2013 to December 2014 — overall, an increase of $828,581.

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