Monday, July 11, 2005

90 Billion In School Construction Is Needed By 2006

90 Billion In School Construction Is Needed By 2006 Forty-five percent of the country's schools were built between 1950 and 1969 and will soon need to be replaced, according to an article by Jeff Yoders in Building Design and Construction magazine. The article cites 2005-2008 K-12 School Market for Design & Construction Firms, published by ZweigWhite, a Massachusetts-based market-research firm, which also reports that almost 30 percent of U.S. schools were built before 1950 and need major modernization.

American School & University magazine estimates $89.8 billion in K-12 construction will be completed by 2006. Of that, $56.9 billion will be new work, according to the BD&C article. "It's definitely one of the stronger markets we've seen for firms, with Florida and California leading the way," said Christopher Klein, managing editor of the report and a ZweigWhite principal. "Of the 25 different market sectors we rank in our annual AEC industry outlook, [schools] ranked just behind healthcare and higher education in the top three."

Read the full article: Education's Big Upgrade

RedVector's School Construction Related Courses include:
Mold Remediation in Schools & Commercial Buildings
ADA Guidelines: Recreation Facilities

1 Comments:

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2:47 AM  

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