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San Angelo construction power-walks at healthy pace 2015San Angelo construction power-walks at healthy pace 2015https://www.recenter.tamu.edu/news/newstalk-texas/?Item=123622016-03-08T06:00:00Z2016-03-08T16:30:00Z

​​​SAN ANGELO - Construction continues around town, with numerous projects already in the works and new permit requests rolling into the city.

The brisk construction activity continued on the strength of hotel projects completed, medical facilities, single family homes and a few large retail projects. 

Single-family home sales did not reflect the softer economy felt in 2015, and were on tap to finish with perhaps the second or third best year on record when December figures were counted.

Commercial and residential building permits (through November) ended the year soundly at $155 million, only 7 percent behind the record 2014 permits year-to-date. 

By comparison, during banner year for oil prices in 2014, commercial and residential building permits increased 24.9 percent.

Some of the large projects being completed currently include a remodel at the county courts building, a $12 million expansion project by Shannon Medical Center and two new extended-stay hotels.

Residential construction is brisk in the southwest part of San Angelo, particularly in Bentwood Country Club and Buffalo Heights, up SH 2288.​​

Texas State Comptroller reported gross sales in the construction industry through 2Q 2015:​
  • 2012 — $49.3 million
  • 2013 — $50.5 million
  • 2014 — $55.8 million
  • 2015 — $68.1 million​
San Angelo Standard-Times
San Angelo
Economy
http://www.gosanangelo.com/business/economy/construction-continues-at-healthy-pace-29db8aab-ca35-54e7-e053-0100007f50ea-370830931.htmlRead more at the {Source}

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