Orlando City Scoop: Pace of New Contracts to Increase Slightly in '21

Orlando’s volume of new contracts will increase slightly after 2020’s downturn

An uptick is expected in residential and non-residential work, while a slight drop is forecast in the non-building sector.

City Grill

Mark P. Wylie
President and CEO
Associated Builders and Contractors of Central Fla.

While noting that Central Florida’s economy “was certainly hammered” by the pandemic in 2020, Wylie says the situation has since “stabilized.” Most affected were construction plans at the theme parks, but many other projects remain on hold until travel picks up. Also, the area’s hospitality industry is recovering at different rates, he says, with time-share properties recovering faster than traditional hotels. “As they see airport passenger counts continue to grow, the parks and hotels will likely start building again,” he says.

Firm in Focus

Skanska USA Building
110 N. Magnolia Ave., Orlando
Regional Officer: Kerim Evin
SE Staff: 1900 Founded: 1971
What’s new: The contractor started work on the Orlando Health Jewett Orthopedic Hospital in downtown Orlando. The project consists of three buildings totaling roughly 690,000 sq ft.