Welcome!

News Feed Item

Florida Major Metro Regions Experience Year-Over-Year Decrease of (-11.7%) in Commercial Construction Activity, BidClerk 1st Quarter 2014 Data Shows

For Florida major metro regions, 1st quarter 2014 BidClerk data showed a year-over-year decrease of (-11.7%) for new actively bid commercial construction projects, compared to an increase of 15.32% in activity for the same period last year.

Total contract value in the Florida regions surveyed topped out at $3.5 billion in the 1st quarter of 2014, with an average contract value of $2.3 million. This compares to a $4 billion total contract value reported for the 4th quarter of 2013, with an average contract value of $2.7 million.

For the Miami MSA region, 1st quarter 2014 BidClerk data showed a year-over-year decrease of (-15.9%) for new actively bidding construction projects, compared to a 4.83% increase in activity for the same period last year. Private projects decreased (-6.98%) in the 1st quarter in a year-over-year comparison, compared to a (-8.9%) decrease reports for the 1st quarter of 2013. Public projects decreased (-20.53%) in the 1st quarter 2014, compared to a 13.74% increase reported in the 1st quarter 2013. The total value of construction activity in the Miami MSA region for the 1st quarter 2014 was $1.6 billion.

One notable project actively bidding in the Miami MSA region is Wynwood Central. It is being built at an estimated cost of $100 million. The general contractor is GRYCON, LLC (Miami, FL). The architect is DNB Design Group (Miami, FL). (BidClerk project number 2734890.)

For the Orlando MSA region, 1st quarter 2014 BidClerk data showed a decrease of (-5.03%) in new actively bidding construction projects. Private projects decreased (-2.68%) in the 1st quarter of 2014 in a year-over-year comparison, compared to a (-19.42%) decrease reported in the 1st quarter 2013. Public projects decreased (-6.31%) in the 1st quarter of 2014, compared to an increase of (39.19%) reported in the 1st quarter 2013. The total value of construction activity in the Orlando MSA region for the 1st quarter 2014 was $1.1 billion.

One notable project actively bidding in the Orlando MSA region is the Orange County Convention Center West Building. The architect is HHCP Architects Inc. (Orlando, FL). General Contractor Hensel Phelps (Orlando, FL) was the apparent low bidder at $40 Million. (BidClerk project number 2699223.)

For the Tampa MSA region, 1st quarter 2014 BidClerk data showed a decrease of (-7%) in new actively bidding construction projects. Private projects decreased (-14.66%) in the 1st quarter of 2014 in a year-over-year comparison, compared to a (-8.66%) decreased reported for the 1st quarter of 2013. Public projects decreased (-3.87%) in the 1st quarter 2014, compared to a 45.75% increase reported in the 1st quarter 2013.

One notable project actively bidding in the Tampa MSA region is Valrico Station. It is being built at an estimated cost of $16 million. The general contractor is CORE Construction Services of Florida (Sarasota, FL). The architect is Humphreys & Partners Architects (Maitland, FL), and the developer is WRH Realty Services (St. Petersburg, FL). (BidClerk project number 2607796.)

The areas surveyed for this BCI report are all major-metro regions in Florida, including Jacksonville, FL; Miami-Fort Lauderdale-Pompano Beach, FL; Orlando-Kissimmee-Sanford, FL; Tallahassee, FL; and Tampa-St. Petersburg-Clearwater, FL

Nationally, BidClerk reported on $130.3 billion in commercial construction contracts out-to-bid in the first quarter of 2014. BidClerk saw a decrease of (-2.09%) for the total number of commercial construction projects out-to-bid compared to the first quarter of 2013.

This number includes both public and private work and it represents the aggregate value of actively bidding commercial construction contract opportunities available in BidClerk's database.

Today's new construction data was released by BidClerk, a leading provider of construction project data and marketing tools for building product manufacturers, contractors, and distributors. The BCI data represents projects that actively bid in the 1st quarter 2014 and is not a full representation of BidClerk's full project database that tracks construction project data from the pre-construction phases through construction put-in-place. The BidClerk Construction Index is a quarterly data service offered at no cost to media outlets that cover regional construction news. Members of the media may request custom BidClerk Construction Index reports for specific counties, regions, and states by contacting BidClerk: [email protected].

About BidClerk

BidClerk offers an extensive range of construction project data and marketing tools for building product manufacturers, contractors, and distributors. Advanced analytics, superior data coverage, and cost effectiveness set BidClerk services apart from competitors McGraw-Hill Construction (NYSE: MHFI) and Reed Construction Data (rel:Ln).

Find BidClerk on Twitter (@bidclerk), Facebook and Google Plus

More info: www.BidClerk.com or call (877) 737-6482.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Detecting internal user threats in the Big Data eco-system is challenging and cumbersome. Many organizations monitor internal usage of the Big Data eco-system using a set of alerts. This is not a scalable process given the increase in the number of alerts with the accelerating growth in data volume and user base. Organizations are increasingly leveraging machine learning to monitor only those data elements that are sensitive and critical, autonomously establish monitoring policies, and to detect...
"We're a cybersecurity firm that specializes in engineering security solutions both at the software and hardware level. Security cannot be an after-the-fact afterthought, which is what it's become," stated Richard Blech, Chief Executive Officer at Secure Channels, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Most companies are adopting or evaluating container technology - Docker in particular - to speed up application deployment, drive down cost, ease management and make application delivery more flexible overall. As with most new architectures, this dream takes a lot of work to become a reality. Even when you do get your application componentized enough and packaged properly, there are still challenges for DevOps teams to making the shift to continuous delivery and achieving that reduction in cost ...
Enterprise architects are increasingly adopting multi-cloud strategies as they seek to utilize existing data center assets, leverage the advantages of cloud computing and avoid cloud vendor lock-in. This requires a globally aware traffic management strategy that can monitor infrastructure health across data centers and end-user experience globally, while responding to control changes and system specification at the speed of today’s DevOps teams. In his session at 20th Cloud Expo, Josh Gray, Chie...
To get the most out of their data, successful companies are not focusing on queries and data lakes, they are actively integrating analytics into their operations with a data-first application development approach. Real-time adjustments to improve revenues, reduce costs, or mitigate risk rely on applications that minimize latency on a variety of data sources. Jack Norris reviews best practices to show how companies develop, deploy, and dynamically update these applications and how this data-first...
Intelligent Automation is now one of the key business imperatives for CIOs and CISOs impacting all areas of business today. In his session at 21st Cloud Expo, Brian Boeggeman, VP Alliances & Partnerships at Ayehu, will talk about how business value is created and delivered through intelligent automation to today’s enterprises. The open ecosystem platform approach toward Intelligent Automation that Ayehu delivers to the market is core to enabling the creation of the self-driving enterprise.
"At the keynote this morning we spoke about the value proposition of Nutanix, of having a DevOps culture and a mindset, and the business outcomes of achieving agility and scale, which everybody here is trying to accomplish," noted Mark Lavi, DevOps Solution Architect at Nutanix, in this SYS-CON.tv interview at @DevOpsSummit at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
"We're here to tell the world about our cloud-scale infrastructure that we have at Juniper combined with the world-class security that we put into the cloud," explained Lisa Guess, VP of Systems Engineering at Juniper Networks, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Historically, some banking activities such as trading have been relying heavily on analytics and cutting edge algorithmic tools. The coming of age of powerful data analytics solutions combined with the development of intelligent algorithms have created new opportunities for financial institutions. In his session at 20th Cloud Expo, Sebastien Meunier, Head of Digital for North America at Chappuis Halder & Co., discussed how these tools can be leveraged to develop a lasting competitive advantage ...
In his session at 20th Cloud Expo, Mike Johnston, an infrastructure engineer at Supergiant.io, discussed how to use Kubernetes to set up a SaaS infrastructure for your business. Mike Johnston is an infrastructure engineer at Supergiant.io with over 12 years of experience designing, deploying, and maintaining server and workstation infrastructure at all scales. He has experience with brick and mortar data centers as well as cloud providers like Digital Ocean, Amazon Web Services, and Rackspace. H...
The question before companies today is not whether to become intelligent, it’s a question of how and how fast. The key is to adopt and deploy an intelligent application strategy while simultaneously preparing to scale that intelligence. In her session at 21st Cloud Expo, Sangeeta Chakraborty, Chief Customer Officer at Ayasdi, will provide a tactical framework to become a truly intelligent enterprise, including how to identify the right applications for AI, how to build a Center of Excellence to ...
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.
SYS-CON Events announced today that Massive Networks will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Massive Networks mission is simple. To help your business operate seamlessly with fast, reliable, and secure internet and network solutions. Improve your customer's experience with outstanding connections to your cloud.
DevOps is under attack because developers don’t want to mess with infrastructure. They will happily own their code into production, but want to use platforms instead of raw automation. That’s changing the landscape that we understand as DevOps with both architecture concepts (CloudNative) and process redefinition (SRE). Rob Hirschfeld’s recent work in Kubernetes operations has led to the conclusion that containers and related platforms have changed the way we should be thinking about DevOps and...
As businesses adopt functionalities in cloud computing, it’s imperative that IT operations consistently ensure cloud systems work correctly – all of the time, and to their best capabilities. In his session at @BigDataExpo, Bernd Harzog, CEO and founder of OpsDataStore, presented an industry answer to the common question, “Are you running IT operations as efficiently and as cost effectively as you need to?” He then expounded on the industry issues he frequently came up against as an analyst, and ...