While the Virginia and Maryland markets remain stubbornly below pre-recession levels, certain sectors of the industry are taking up some of the slack. The construction industry is a driving force for Maryland’s economy, benefiting from Maryland’s position as a major metropolitan region with proximity to the federal government, as well as technology, healthcare and education centers. Both Maryland and Virginia’s construction industry is well-positioned for robust growth as the economy still emerges from recession.
Multifamily projects, higher education facilities, hotels, medical facilities, restaurants, and stores are going up across the commonwealth. In addition, developers are rehabbing many historic and outdated structures, modernizing older buildings as tenants demand amenities such as rooftop terraces and fitness centers.
Projects out for bid have increased over the past two weeks after a two-week slowdown. Expect to see grocery stores, new constructions and renovations of apartment buildings, and restaurants, medical office expansions, and retail store build-outs. Municipalities and colleges are putting out projects for companies looking for public work. General Contractors are needing bids more than ever with weekly calls coming in looking for subcontractors.
Projects Managers are lacking bids for multiple trades, leaving the door open for the 1st proposal to get the award. Carpentry, concrete, drywall, masonry, MEP’s, and painting are all in high demand. Companies have been struggling to attract, recruit and train sufficient numbers of qualified construction employees to meet the growing needs of the construction industry. In spite of excellent earnings potential, including hourly wages that exceed the national average for non-supervisory workers in private industry, sufficient numbers of young people and career changers do not opt for a career in construction. Further, as the construction industry becomes more technologically advanced, current employees may lack the necessary technical and professional skills.
Are you looking for work in the construction industry in and around Maryland or Virginia? There are plenty of job opportunities for you!
Virginia project list preview
View more HERE!
Maryland project list preview
View more HERE!