|
Double-Digit Growth in
'04 for North, South Carolina
McGraw-Hill Construction reported that the respective values
of contracts for future construction activity were up significantly
in both North Carolina and South Carolina during 2004.
In North Carolina, the year concluded with an 8 percent gain
in December for a total value of approximately $1.8 billion.
Leading the way in December was the nonresidential sector,
which increased by 38 percent over December 2003 to total
$395.5 million.The residential sector increased by 3 percent,
to end at approximately $1.1 billion, while nonbuilding contracts
improved by 1 percent to total roughly $375.5 million.
Overall, 2004 North Carolina contract activity increased
by 13 percent over 2003 to total roughly $21.4 billion. Residential
increased by 20 percent over 2003, to total roughly $14.1
billion, and the nonbuilding sector improved by 15 percent
to total approximately $2.6 billion. Nonresidential was 5
percent behind 2003's pace, with nearly $4.7 billion in contracts
reported.
Though 2004 was positive overall, the value of South Carolina
contracts decreased by 4 percent in December. The nonbuilding
category declined by 7 percent for a monthly total of roughly
$132.8 million, compared to last December's $142.1 million.
The nonresidential category declined by 32 percent from last
December and totaled approximately $145.6 million. Residential
improved by 11 percent, to total roughly $500.1 million. The
total value of December contracts was roughly $778.6 million.
For all of 2004, the value of new contracts in South Carolina
was roughly $11.8 billion, or 21 percent ahead of 2003's pace.
Nonbuilding construction finished the year 47 percent ahead
of 2003, with roughly $2.4 billion in contracts reported.
Nonresidential, with an estimated value of approximately $2.8
billion, improved by 16 percent, while the value of residential
contracts, estimated at about $6.5 billion, improved by 15
percent.
$33 Million Savannah River
Site Contract Awarded
Tetra Tech has been awarded two new contracts, with total
value of $42 million, for environmental work at two U.S. Department
of Energy sites. One contract was awarded for approximately
$33 million of environmental work at the Savannah River site
located near Aiken, S.C. It includes the closure of three
eight-acre radioactively contaminated lagoons and associated
piping, environmental site restoration, and the closure of
a 74-acre landfill.
The other contract includes approximately $9 million of environmental
work at the Hanford site, near Richland, Wash. Source: Engineering
News-Record.
Summit Contractors Building
Multi-Residential Project in Charleston
Penny Creek Associates of Kiawah Island, S.C., recently awarded
Summit Contractors of Jacksonville, Fla., with a contract
to build a multiresidential facility in Charleston, S.C. The
project will include 14 wood-frame buildings and a total of
80 units.
Lawrence Abell, LaPlata, Md., is the project architect. Project
completion is scheduled for October.
Florida Firm Breaks Ground on Aiken, S.C.,
Facility
Flanders Corp. of St. Petersburg, Fla., announced the groundbreaking
of its new, 400,000-sq.-ft. facility in Aiken, S.C. This represents
the culmination of an effort by the Aiken/Edgefield Economic
Development Partnership and the State of South Carolina in
bringing Flanders and its wholly owned subsidiary, Global
Containment Systems, to South Carolina.
This expansion will continue to support the new missions
being undertaken by the Savannah River National Laboratory.
Global Containment Systems is a qualified supplier of high-end
containment and isolation barrier systems for this project.
The expansion in South Carolina will provide Global Containment
Systems a state-of-the-art facility for in-place testing,
integration and process control verification prior to shipment
to the site.
Global Containment Systems provides design, engineering,
procurement and document control, design control, manufacturing
and fabrication, start-up, testing, project and construction
management, and other services. Flanders is an air-filtration
products manufacturer.
DeBartolo Developing Retail Project in
Raleigh
Tampa-based real-estate developer DeBartolo Development continued
its expansion into new national markets through its agreement
to develop a 400,000 sq.-ft. retail project in Raleigh, N.C.
The Perry Creek Commons project will include a blend of big
box tenants and local retail shops. The development will be
located in North Raleigh.
DeBartolo expects the new retail destination will be completely
built out by late 2008 or early 2009.
|