Central Florida Construction Industry Bright Future

Florida has been a national leader when it comes to its state-wide building code. The code, which was enacted by the Florida Legislature in 1998, following the destruction of Hurricane Andrew, became effective on March 1, 2002. Since then, over a quarter of the state's homes have been built or remodeled to code satisfaction. This is great news, but it also means that almost three-fourths of Florida's homes are still at risk.
Keep in mind that, over time, the percentage of up-to-code housing continues to rise due to all new renovations and new projects having to satisfy the building code. While this is making the entire state much safer in the long run, there are still plenty of things we can be doing in the meantime to prepare our homes for volatile climates and extreme natural hazards.

And in their focus on the future and economic gains painted by the fresh data set, Brill said that he sees promise in the construction industry right now.

According to the partnership, Central Florida's construction industry is 2.7% below pre-pandemic levels of employment, outpacing the national average of 3.8%.

“The rate of return to health, if you will, in the Orlando region is much better than anywhere else in the U.S.," Brill said, adding that amid the pandemic, home renovation projects, new home construction and companies making investments in facility updates is helping to fuel the comeback.

“Businesses tend to look forward and make adjustments based upon how they think things will go, and base their investments today on this view of tomorrow," he explained, continuing, "That’s driving this engine that we think is going to be humming quite nicely by mid-summer."

Central Florida Construction bright future

Those same investments not only saved bathroom-pod company SurePods, but it is propelling them to expand.

“Over the course of 2020, we doubled our manpower, from 65 to 130 folks on the craft side of it," said Greg King, SurePods assistant general manager. “If you would’ve talked to us about a year ago … definitely a different mindset than we have right now."

SOURCE: Spectrum News 13

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