City Scoop: Trenton, N.J.
| Construction Starts |
Rich Data from McGraw-Hill Research & Analytics |
| TOTAL CONSTRUCTION |
Actual
2009 |
Actual
2010 |
Actual
2011 |
Forecast
2012 |
Total Construction
|
| ($ Millions) |
|
|
| NONRESIDENTIAL |
| Commercial & Manufacturing |
| Stores & Shopping Centers |
| Office & Bank Bldgs |
| Hotels & Motels |
| Other Commercial Buildings |
| Manufacturing Buildings |
|
| $610 |
$89 |
$456 |
| $189 |
$50 |
$50 |
| $21 |
$14 |
$11 |
| $153 |
$11 |
$7 |
| $9 |
$7 |
$30 |
| $6 |
$17 |
$1 |
| — |
— |
— |
|
| $194 |
$373 |
| $39 |
$74 |
| $13 |
$14 |
| $15 |
$29 |
| $2 |
$10 |
| $7 |
$17 |
| $2 |
$4 |
|
| INSTITUTIONAL |
| Education Buildings |
| Healthcare Facilities |
| Other Institutional Buildings |
|
| $421 |
$39 |
$406 |
| $104 |
$24 |
$261 |
| $218 |
$1 |
$3 |
| $99 |
$15 |
$142 |
|
| $154 |
$299 |
| $119 |
$246 |
| $3 |
$8 |
| $33 |
$44 |
|
| RESIDENTIAL |
| Single Family |
| Multifamily |
|
| $152 |
$95 |
$82 |
| $67 |
$45 |
$49 |
| $50 |
$50 |
$33 |
|
|
| TOTAL NONBUILDING |
| Highways & Bridges |
| Other Public Works |
| Environmental Public Works |
| Electric Utilities |
|
| $88 |
$210 |
$342 |
| $58 |
$154 |
$274 |
| $9 |
$17 |
$16 |
| $11 |
$39 |
$28 |
| $10 |
— |
$23 |
|
| $261 |
$70 |
| $154 |
$62 |
| $20 |
$3 |
| $27 |
$5 |
| $60 |
— |
|
 |
After Plummeting in 2011, Non-Residential and Residential Sectors Are Set to Climb.
Non-building sector activity remains in a downward spiral as funds for public works projects dry up.
|
| Firms in Focus |
Tara Developers 836 West State St.,Trenton, N.J.
|
|
principal:Robert Kahan Employees: 10 Founded: 1994 home plate: The affordable housing developer is currently working on the $15- million Southwest Village II complex, which began in 2008. Completion is set for the end of this year.
|
 |
Ronald C. Witt Jr. Executive Vice President
Sweetwater Construction Corp.
"A pent-up demand for construction services for the past several years seems to be causing rebound activity for Trenton and the surrounding areas as our economy recovers," Witt says. The health-care and technology sectors have been particularly strong, a trend that should continue, he adds. Sweetwater is set to begin construction on an 89,000-sq-ft assisted living facility called The Seasons at East Windsor. The facility will contain 86 units and 120 beds. Completion is set for the fall of 2013.
|
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