According to a new report by the NAIOP, the Commercial Real Estate Development Association, in 2017, Texas was the leading state for commercial real estate development contributions to the economy.
Looking at the nation as a whole, did you know construction started on over 524 million square feet of office, retail, warehouse, and industrial space last year? In Texas, we led the country in warehouse and retail development. Only California had more office development.
Amazingly, there was more than $24 billion in direct construction spending in the Lone Star State. The sector supported just under 380,000 jobs, and contributed almost $59 billion to the economy.
Fort Construction has truly enjoyed serving the North Texas community. With over 100 projects under our belt, we take great pride in the reputation we have built with our subcontractors and owners. If you are looking for a commercial general contractor for your remodel or new project, please let us know. We would appreciate the opportunity to partner with you!