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construction trends

Construction Update & Forecast

How will St. Louis stimulate the construction market with economic development?

How are design professionals meeting demand in a tight labor market?

What’s the forecast for projects in the region?

How will the contractor sector address the challenges of expanded opportunities & changing labor laws?

7:00 – 9:30 am

Thurs., December 14, 2017

Engineering Center

4359 Lindell Blvd.

St. Louis, MO  63108

Presenters

Otis Williams, Executive Director, St. Louis Development Corporation

Margaret McDonald, Principal & Vice President of Interiors, HOK

Ron Wiese, ACW Alliance & Vice President, Alberici

Len Toenjes, President, Associated General Contractors of Missouri

Moderator

Kevin Studer, Senior Project Manager, Northstar Management

Sponsored by

HUSCHBLACKWELL

Construction Continues Upward Trend in St. Louis

in News

Both residential and nonresidential construction in metro St. Louis are registering double digit increases over a year ago.

Dodge Data & Analytics on Thursday reported July construction starts in the metropolitan statistical area of St. Louis, consisting of Bond, Calhoun, Clinton, Crawford, Franklin, Jefferson, Jersey, Lincoln, Macoupin, Madison, Monroe, St Charles, St Clair, St Louis, Warren and Washington in Illinois and Missouri.

According to Dodge Data & Analytics, the latest month’s nonresidential construction activity was up by more than $126 million to $202.2 million from $75.9 million in July 2015. Residential construction in July was up nearly $21 million in July from $172 million July 2015. Total building construction was up 59 percent, or $147 million to $395 million from $247.9 million in July 2015.

On a year-to-date basis, building construction in metro St. Louis is up 19 percent compared to the first seven months of 2015. The St. Louis area has seen $2.3 billion of construction activity so far this year compared to less than $2 billion over the same months of 2015.

Nonresidential buildings in the Dodge Data & Analytics count include office, retail, hotels, warehouses, manufacturing, educational, healthcare, religious, government, recreational, and other buildings. Residential buildings include single family and multifamily housing.

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