Overall Construction Activity Expected to Drop Sharply This Year After 2017’s Dramatic Rise
Non-residential activity is forecast to drop more than 28%, while residential and non-building work will fall about 10%.
New York City Scoop: Construction Starts in Camden, N.J.
City Grill
Gary Hullfish
New Jersey Office Leader and Vice President
HNTB Corp.
“Camden today benefits from the convergence of several positive developments, resulting in the creation of a vibrant, new expression of revitalization—by design—and attracting an influx of 21st-century commercial commitment,” Hullfish says. “Modern corporate campuses will house thousands of employees in a range of industries. Emanating from a revitalized waterfront, this growth supports additional economic development. The city’s transportation infrastructure must keep pace to enable this momentum to continue.”
Firm in Focus
The Michaels Organization
3 East Stow Road, Marlton, N.J.
CEO: Michael J. Levitt
Founded: 1973
What’s New: The firm is developing Camden Partners Office Towers, No. 15 on the region’s Top Starts list (see story here). The $245-million project will stand 18 stories, the tallest on the Camden waterfront.
