If you want to know that progress is better than stagnation and want to apply it to your construction site, here are some construction trend tips you can use!
The most famous builder once asked all of us, “Can we build it?” To which we all unanimously and ecstatically replied, “Yes we can!” In 2015, spending on a nonresidential building was around $360 billion in the U.S. That number is only expected to continue to grow and climb to $390 billion! With this in mind, let’s take a look at how the construction industry will evolve over the year.
- More Pay
Good news everyone! Unemployment in the construction industry has taken a nosedive and employment is at its highest since 2009. The bad news is that there is a current struggle with labor shortages. Like with any shortage, it is driving up the costs of labor. Something to consider when reviewing the budget for your next project.
- Parking Lots May Not Be for Parking
Transportation has always been determined by generation. It used to be getting around by foot, then horse, then carriage, then railroad, and the most recent trend: automobile. But even cars are beginning to dwindle as fewer Millennials are driving, or even getting their licenses. Parking lots are going to have be repurposed because land that’s not being used is wasted land.
- The Restaurant Boom Will Continue
Restaurants that offer a “unique experience” will continue to intrigue foodies (also known as anyone with an Instagram account). Considering that the restaurant industry has skyrocketed 20 percent over the past 5 years, more green restaurant aficionados are going to be stepping in to open their own restaurant with unique designs and requests.
The world of construction is not immune to the changes that are offered by technology and progress, and they often benefit from these changes as these changes need to be physically made by someone. When looking for a general contractor in the Bay Area, we encourage you to contact Proforma Construction. We have a team of professionals who are equipped to meet all of your commercial construction needs.