A crane at Chateau Beach in Sunny Isles

Contracts for future construction in South Florida are up 73 percent for the year to date through November, compared to the same period in 2011, according to a report from McGraw Hill Construction. [more]

Construction at BrickellHouse in Miami (TRD Photo)

Contracts for nonresidential and residential future construction in the Miami-Fort Lauderdale-Miami Beach metro area are up 62 percent for the year to date, according to data released by McGraw Hill Construction. For the year to date, total contracts have reached $4.73 billion, up from $2.91 billion in the same period in 2011. Residential contracts have experienced the biggest jump, with an 87 percent increase to $2.61 billion through the end of October. – Alexander Britell

Construction at Miami’s BrickellHouse (TRD photo)

The total volume of construction contracts in the Miami-Fort Lauderdale-Miami Beach has reached $2.29 billion for the year to date, a 54 percent increase over the same period in 2011, according to a report from McGraw-Hill Construction’s research and analytics unit. [more]

The total dollar value of contracts for future construction in the Miami metro area has risen 46 percent for the year to date, according to a report from McGraw-Hill Construction. There is a total of $2.82 billion in contracts for future construction since the beginning of the year, up from $1.94 billion at the same time last year. Residential contracts have risen by 62 percent in the period, while nonresidential contracts have increased by 32 percent. — Alexander Britell

The total volume of residential and nonresidential construction in South Florida this year represents a 44 percent increase compared to the same period last year, according to a report from McGraw-Hill Construction. There has been a total of $696 million in nonresidential construction contracts and $648.6 million in residential construction contracts on a cumulative basis for the year to date. Individually, residential construction is up 79 percent compared to 2011, while nonresidential has risen by 22 percent in Miami-Dade, Broward and Palm Beach counties. — Alexander Britell

New projects like BrickellHouse are driving growth

The total volume of contracts for future construction in South Florida reached $326.1 million in February, a 50 percent increase compared to the same period in 2011, according to a report from McGraw-Hill Construction. There was $218 million in contracts for future construction in February 2011. The totals include residential and nonresidential buildings. [more]

Building contracts in South Florida fell 23 percent last month, according to McGraw-Hill, the South Florida Business Journal reported. There were a total of $169.3 million in building contracts in November, down from $219 million in the same period last year. For the year, building contracts are up to $3.02 billion, a 13 percent increase over 2010. [SFBJ] [more]

South Florida’s construction pipeline was down more than 50 percent
year-over-year in May, according to a report from McGraw-Hill.
Construction contracts currently stand at $1.2 billion, a drop from
$2.6 billion in 2008. Residential building contracts, for single-family
homes, duplexes and apartments, fell 54 percent in Miami-Dade, Broward
and Palm Beach counties. Non-residential contracts, for commercial,
manufacturing, education, religious, administrative and other types of
projects, plunged 63 percent, according to the report. [more]