World Fence News

July 2018

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64 • JULY 2018 • WORLD FENCE NEWS The Dodge Report continued from page 50 project in Chesapeake, Va., the $291 million bridge portion of the Long Island Rail Road expansion project in Nassau County, N.Y., and a $189 million bridge replacement project in Baltimore. The environmental public works categories registered a mixed perfor- mance in April, with declines for riv- er/harbor development, down 26%; and sewer construction, down 9%. Water supply construction improved 2%. The electric utility/gas plant cate- gory increased 7% in April, although the level of activity was still 44% be- low last year's average monthly pace. There were four large wind farms en- tered as construction starts in April, with three located in Iowa valued respectively at $510 million, $224 million, and $107 million, while the fourth was located in Nebraska valued at $304 million. Nonresidential building in April was $211.5 billion (annual rate), down 12% from March. The institutional side of nonres- idential building decreased 12% in April, sliding for the second month in a row. Educational facilities, which is the largest nonresidential building catego- ry by dollar amount, fell 13% in April after rising 7% in March. The largest educational facility projects entered as April starts were the $200 million Chen Institute for Neuroscience at the California Institute of Technology in Pasadena, Calif., the $181 million ren- ovation of a Health and Human Ser- vices research building in Bethesda, Md., a $133 million high school in the Houston area, and a $94 million high school in the Portland, Ore. area. Healthcare facilities in April dropped 27%, retreating for the sec- ond month in a row after a strong Feb- ruary. The largest healthcare facility project entered as an April start was a $90 million cancer treatment center in Norfolk, Va. Transportation terminal work also declined in April, dropping 16%. On the plus side, the public buildings category (courthouses and detention facilities) advanced 34% in April, helped by the start of the $175 million Franklin County Corrections Center in Columbus, Ohio. Also increasing in April were re- ligious buildings, up 26%; and amuse- ment-related projects, up 3%. The manufacturing plant catego- ry in April plunged 59% following a 282% jump in March that included several large natural gas processing facilities. April included the start of a $682 million tire manufacturing plant in Clinton, Miss., but there were no other manufacturing plants valued at $100 million or more entered as April starts. The commercial building cate- gories as a group provided a relative bright spot for nonresidential building in April, rising 5% after a 15% de- cline in March. Office construction rebounded 18% after its 18% March slide, with the upward push coming from the $480 million addition to the Hudson Commons office building in New York, N.Y., plus two data center proj- ects in Ashburn, Va. valued respec- tively at $350 million and $135 mil- lion. Store construction grew 21% in April, while hotel construction ad- vanced 25%. Large hotel projects entered as April starts were the $350 million Marriott Hotel at Bonnet Creek in Orlando, Fla. and the $125 million Hyatt Centric Hotel in Phila- delphia. On the negative side, commercial garages fell 37% in April and ware- house construction retreated 11% after posting a 32% gain in March. The warehouse pullback in April was cushioned by the start of three Amazon distribution centers located in Euclid, Ohio ($175 million), Saint Peters, Mo. ($75 million), and Macon, Ga. ($70 million).Residential building in April was $303.8 billion (annual rate), down 9%. Multifamily hous- ing declined 20%, retreating for the second month in a row following its improved activity during the first two months of this year. April's volume of multifamily housing was down 7% from the average monthly pace report- ed during 2017. There were four multifamily proj- ects valued each at $100 million or more that reached groundbreaking in April, compared to 13 such projects in March. The four largest multifamily projects entered as April starts were the $550 million Queens Plaza Park Apartments in Long Island City, N.Y., the $429 million multifamily portion of a $516 million mixed-use develop- ment in Seattle, and two multifamily projects in Ft. Lauderdale valued re- spectively at $154 million and $150 million. COMPARE AND SAVE ON TEMPORARY FENCE PANELS WE SHIP COAST TO COAST 4,000 + PANELS of 6 X 10 & 8 X 10 ARE IN STOCK SWAN-BOND Fused-Bonded Wire 800-688-SWAN (7926) www.swanfence.com 600 W. Manville St., Compton, CA 90220 Fused-Bonded Wire 30

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