AZBEX 2018 Construction Forecast event includes Pinal County projects
by Peter Madrid & Staff | Arizona Builder’s Exchange
Top sports and entertainment projects in the state include Attesa and APEX.
While it was nearly a given multifamily would be king of the hill in the 2017 commercial construction landscape, many other trends the Arizona Builder’s Exchange staff uncovered in preparation for its inaugural 2018 Construction Forecast event last Friday caught both them and several industry experts by surprise.
“We track individual projects every day. We know the market. We live this stuff; this is what we do. Even I was surprised to see how the exact construction activity percentages worked out,” said AZBEX Owner and Publisher Rebekah Morris.
Multifamily construction accounted for the lion’s share of the Maricopa County construction activity in 2017. It also accounted for almost 20 percent of the estimated $10.2B generated by the construction industry in the Phoenix metro area in 2017.
