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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowTIPPECANOE COUNTY Lafayette seeing boom in nonresidential construction
Aging utility company facilities and power plants in the Lafayette area that need updating are creating a boom for construction work, according to a recently released study by McGraw-Hill Construction, a New York firm that tracks the industry nationwide.
The area’s nonresidential construction industry also is getting help from two hospitals going up and work on dining and residence halls at Purdue University.
Contracts signed last year for future nonresidential construction in the greater Lafayette metropolitan area totaled $355.9 million. That is 51 percent more than the $235 million in contracts for 2006.
Contracts for future residential construction in the Lafayette area hit $130.6 million in 2007, the report said. That is a 5-percent decline from the prior year.
Included in the projects highlighted in the report is the Clarian Arnett Hospital, a $200 million hospital with 109 rooms scheduled to open in the fall. The other hospital is St. Elizabeth East Hospital, a $190 million facility with 150 rooms.
The increase in building projects has created a need for construction labor workers, according to another reported titled, “2007 Indiana Craft Labor Study.”
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Perimeter is a roundup of news in counties surrounding Indianapolis. It appears monthly. Please e-mail news tips for these counties to ibjedit@ibj.com.
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