Construction in Florida Major-Metro Markets Increased 39.8% in Year-Over-Year Analysis, BidClerk Data Finds

CHICAGO--(BUSINESS WIRE)--

For major-metro regions in Florida, including Jacksonville, FL; Miami-Fort Lauderdale-Pompano Beach, FL; Orlando-Kissimmee-Sanford, FL; Tallahassee, FL; and Tampa-St. Petersburg-Clearwater, FL, the BidClerk Construction Index™ (BCI) reported that there was a 39.8% increase in construction projects that were actively bidding. Private construction activity increased 5.4% and public construction increased as well, rising 66.7%. The total value of all the Florida Major-Metro projects reported on BidClerk that bid in the 2nd quarter of 2013 was $4,178,988,643.

In a quarter-over-quarter analysis for all construction projects that were actively bidding, the 2^nd quarter 2013 BCI report showed that the major-metro regions in Florida experienced a modest increase of 3.9%. First quarter public projects increased 8.1%, while private projects declined (-3.6%) compared to the 1^st quarter of 2013.

One of the high-profile projects that BidClerk reported on for the 2^nd quarter was the Walmart Supercenter #3197, in Tampa. The project value is $10,632,600. The contract for general contracting was awarded to MLB Construction, Malta, NY. The project architect is BRR Architecture, Merriam, KS. The project began construction in June 2013.

In a year-over-year analysis for the Miami region, combined public and private construction projects that were actively bidding increased 30.5% compared to one year ago. A BCI quarter-over-quarter analysis revealed that combined private and public construction projects that were actively bidding in Miami increased 4.8% compared to data reported in the 1^st quarter of 2013.

In a year-over-year analysis for the Orlando region, combined public and private construction projects that were actively bidding increased 46.6% compared to one year ago. BCI quarter-over-quarter analysis for the 2^nd quarter 2013 showed that combined private and public construction projects that were actively bidding in the Orlando region increased 21.7%.

In a year-over-year analysis for the Tampa-St. Pete region, combined public and private construction projects that were actively bidding increased 40.3% compared to one year ago. BCI's quarter-over-quarter analysis revealed that combined private and public construction projects that were actively bidding in the Tampa-St. Pete region experienced an increase of just 1.0%.

The Florida regions surveyed for this report include Jacksonville, FL; Miami-Fort Lauderdale-Pompano Beach, FL; Orlando-Kissimmee-Sanford, FL; Tallahassee, FL; and Tampa-St. Petersburg-Clearwater, FL.

Today's new construction project data was released by BidClerk, a leading provider of construction project data and marketing tools for building product manufacturers, contractors, and distributors. The BidClerk Construction Index is a quarterly data service offered at no cost to media outlets that cover regional construction news. Members of the media may request custom BidClerk Construction Index reports for specific counties, regions, and states by contacting BidClerk: BCI@bidclerk.com.

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