City Scoop: Albuquerque
Rich Data from McGraw-Hill Research & Analytics
| Construction Starts |
Albuquerque, NM |
| TOTAL CONSTRUCTION |
Actual
2007 |
Actual
2008 |
Actual
2009 |
Forecast
2010 |
Forecast
2011 |
| ($ Millions) |
|
|
| NON-RESIDENTIAL |
| Commercial & Manufacturing |
| Stores & Shopping Centers |
| Office & Bank Bldgs |
| Hotels & Motels |
| Other Commercial Buildings |
| Manufacturing Buildings |
|
| $731 |
$641 |
$1,177 |
| $281 |
$174 |
$638 |
| $80 |
$44 |
$27 |
| $119 |
$105 |
$12 |
| $27 |
$7 |
$15 |
| $49 |
$17 |
$34 |
| $7 |
$1 |
$551 |
|
| $454 |
$524 |
| $77 |
$162 |
| $28 |
$24 |
| $8 |
$16 |
| $0 |
$3 |
| $18 |
$44 |
| $23 |
$74 |
|
| INSTITUTIONAL |
| Education Buildings |
| Healthcare Facilities |
| Other Institutional Buildings |
|
| $449 |
$467 |
$538 |
| $344 |
$387 |
$231 |
| $22 |
$14 |
$176 |
| $83 |
$66 |
$131 |
|
| $377 |
$362 |
| $125 |
$147 |
| $119 |
$135 |
| $133 |
$80 |
|
| RESIDENTIAL |
| Single Family |
| Multifamily |
|
| $945 |
$463 |
$332 |
| $890 |
$424 |
$327 |
| $55 |
$39 |
$6 |
|
| $379 |
$564 |
| $365 |
$554 |
| $14 |
$10 |
|
| TOTAL NON-BUILDING |
| Highways & Bridges |
| Other Public Works |
| Environmental Public Works |
| Electric Utilities |
|
| $368 |
$221 |
$327 |
| $76 |
$108 |
$154 |
| $64 |
$44 |
$55 |
| $119 |
$70 |
$80 |
| $109 |
$0 |
$38 |
|
| $284 |
$191 |
| $131 |
$103 |
| $17 |
$53 |
| $128 |
$24 |
| $8 |
$10 |
|
 |
Slight uptick in 2011 forecast for the Albuquerque metro area by McGraw-Hill Construction
After big drops last year, residential, commercial and manufacturing construction should see gains in 2011.
|
| Firms in Focus |
Jaynes Cos. 2906 Broadway NE
Albuquerque, N.M. |
|
CEO: Donald A.M. Power
2009 revenue: $347.7 Million Founded: 1996
What's New: Awarded the Los Alamos County Admin. Building, value about $20 million; a new Conoco Philips building in Farmington; broke ground on New Meadows Long Term Care Facility, Las Vegas, N.M.
|
 |
Vicki Mora
CEO
AGC - New Mexico Building Branch
As the state wrestles with its budget deficit going into the 2011 legislative session, the industry is concerned about capital outlays. The public sector was one of the last markets, since private work is at a standstill.
|
 |
Michael Wm. Malloy, P.E.
President
Gannett Fleming West Inc.
The industry needs the support from local and state political leaders in advancing alternative funding sources for infrastructure development.
|
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