December 22, 2024 3:47 am
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Phoenix 14% up in 1st Quarter 2013

Hunt Construction Group is building the $182-million Mayo Clinic Proton Beam Therapy Cancer Center in Phoenix. / Photo by Todd Photographic
Hunt Construction Group is building the $182-million Mayo Clinic Proton Beam Therapy Cancer Center in Phoenix. / Photo by Todd Photographic

For major-metro regions in the Southwest U.S., including Phoenix-Mesa-Glendale, AZ; Prescott, AZ; Tucson, AZ; Yuma, AZ; Las Vegas-Paradise, NV; Reno-Sparks, NV; Albuquerque, NM; and Santa Fe, NM, the BidClerk Construction Index™ (BCI) reported a 24.2% increase in private and public construction projects that were actively bidding in a year-over-year analysis. Private and public construction activity increased 11.5% and 31.0% respectively. The total value of all the Southwest U.S. Major-Metro projects reported on BidClerk that bid in the 2nd quarter of 2013 was $1,743,860,401.

In a quarter-over-quarter analysis for all construction projects that were actively bidding, the major-metro regions in the Southwest experienced an increase of 7.6%. The BCI found that second quarter 2013 private projects were down (-14.5%), but public construction increased 22.7% compared to the 1st quarter of 2013.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.