World Fence News

October 2019

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78 • october 2019 • world fence news the substantial 29% hike for the full year 2018. There were 4 multifamily projects valued each at $50 million or more that reached groundbreaking during the first half of 2019 – the $73 million multifamily portion of the $84 million The Crossing mixed-use de- velopment in Dallas, the $73 million Sovereign at Twin Creeks Apartments in Allen, the $65 million Cooper Apartments in Ft. Worth, and the $53 million Kirby Apartments in Frisco. The Miami metropolitan area ex- perienced a steep 38% drop for com- mercial and multifamily construction starts during the first half of 2019. Multifamily housing plunged 42%, Dodge Data & Analytics continued from page 58 following very strong activity during 2018 when activity climbed 43% for the full year. There were 7 multifamily projects valued each at $50 million or more that reached groundbreaking during the first half of 2019, with the largest being the $145 million multifamily portion of the $300 million One West Palm mixed-use complex in West Palm Beach. Commercial and multifamily construction starts in the Chicago metropolitan area increased a slight 0.4% during the first half of 2019, as a 42% rebound for multifamily housing balanced a 22% drop for commercial building. There were 4 multifamily projects valued each at $50 million or more that reached groundbreaking during the first half of 2019, led by the $653 million multifamily portion of the $850 million One Chicago Square mixed-use complex. The overall metropolitan area for Austin climbed 39% during the first half of 2019, which followed a strong 20% increase for commercial and multifamily construction starts for the full year 2018. Commercial building soared 72% during the first half of 2019 compared to a year ago, lifted by a 194% jump for office construction. Large office projects that reached groundbreaking during the first half of 2019 were led by the $375 million Block 185 rede- velopment project, the $263 million George H.W. Bush office building, and the $180 million Oracle office building. Constraining the first half 2019 improvement for commercial build- ing were declines in warehouses and hotels. Multifamily housing during the first half of 2019 edged up 1%, which was relative to generally stronger ac- tivity during 2018 with a full year gain of 19%. The Houston metropolitan area registered a 4% decline for commer- cial and multifamily construction starts during the first half of 2019. Multifamily housing pulled back 26%, following the sharply stronger dollar amount of multifamily starts during 2018 with a full year increase of 249%. There were 3 multifamily projects valued each at $50 million or more that reached groundbreaking in Hous- ton during the first half of 2019 – the $200 million The Preston apartment tower, the $120 million San Felipe apartment tower, and the $85 million Novel River Oaks Apartments. Commercial building in Houston advanced 8% during the first half of 2019 compared to a year ago, helped by gains in office construction and warehouses. Commercial building advanced 8% during the first half of 2019 com- pared to a year ago, helped by gains for office construction and warehous- es. The office category climbed 29%, with the lift coming from the $350 million Hines office tower in Hous- ton. Warehouse construction grew 21%, supported by the start of a $130 million Dollar Tree distribution cen- ter in Rosenberg, an $85 million Cost- co distribution center in Katy, and a $70 million distribution center near George Bush Intercontinental Airport. To learn more about Dodge Data & Analytics, visit www.construction. com. P.V.C. PROFILES • SECTIONS • CAPS Lowest Prices Highest Quality Easy Credit Terms Save more and learn to fabricate! We will teach you how! UVX Universal Vinyl Extruders, Inc. 631-643-1786 www.uvxextruders.com NEW CONVENIENT PICK UP POINT IN MARYLAND World's Largest Slat Inventory • Buy Direct • 20-Minute Quotes • Best Price • Prompt Delivery • Top-Notch Service 1.800.574.1076 • www.eprivacylink.com QUALITY. PRICE. DURABILITY. MADE IN USA Call for a FREE price quote today. Ultimate™ Double-Wall Slats Bottom Locking Double-Wall Slats EZ Slat™ Single-Wall Slats Ultimate Slat™ Double-Wall Slats fabricated with 4 side fins SlatSource ® Slats by PrivacyLink ®

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