Unformatted text preview: been selected, and the $700 million
project may break ground in 2012 if contract negotiations and questions of full funding are resolved.
The $300 million DIA hotel has an equal probability for a start in 2012 as it does for a later start, in
2013. Fort Carson will construct the new Combat
Aviation Brigade in 2012-13, totaling $750 million.
Encouraging news from the north and the south
Front Range gives reason for modest optimism,
but this will not break Colorado out of a continuing depressed construction volume. nonbuilding
Nonbuilding construction includes highways and
roads, bridges, dams and reservoirs, power plants,
and airport runways and aprons. Sources of funding for highway construction are little changed,
and most of the federal ARRA funds have been
spent. Traditional state subsidies for transportation
dried up in the recession.
Generally, industry participants are pessimistic
about a recovery in 2012. Almost all activity comes
from tax-based sources through different levels of...
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This note was uploaded on 02/11/2013 for the course MGMT 231 taught by Professor Yu during the Spring '13 term at Bauder.
- Spring '13
- The Lottery