The phrase
"construction boom" refers to a period when there is a significant increase in building activity, with many new construction projects taking place. It means that there is a high demand for building new structures, such as houses, offices, roads, and infrastructure.
Full definition
Even so, the recently announced project might more accurately be viewed as a company - specific event than the start of a new
construction boom in the financial sector.
And if the desert gets hotter and dryer, the great migration and
construction boom of the last fifty years could take its final bow.
This could cause a
huge construction boom, which, in turn, could create jobs for the people who were ever involved in driving cars.
Following the BTC from Azerbaijan to Turkey Effendi's interest in the BTC project was sparked by the changes she saw happening in her Baku neighborhood due to the oil -
fueled construction boom.
Boosted by a
residential construction boom in the area and aided by a $ 20 million facelift, Orland Park Place has shrugged off the bankruptcy of its original developer that left it empty and shopperless.
Throughout the massive
construction boom following World War II, it was a key element in thousands of industrial and household products, including drywall, wiring, glues and adhesives, ceiling tiles, cements and shingles.
In comparison,
during construction booms of the past, like the one in 2001, developers barely finished more than 150,000 apartments.
The massive
apartment construction boom in downtown Chicago is starting to show signs of saturation, and rents will likely start to decline by fall, Appraisal Research Counselors reported Tuesday.
In the 1960s, a high - rise
construction boom led to office buildings being constructed at Empire State Plaza and at the SUNY Albany campus.
Come and delve into New York City's need for modern transportation and
current construction boom has contributed to that need.
San Francisco is now in the midst of its greatest apartment
building construction boom since WWII, which, among other factors, is causing rents to soften (though they remain the highest in the nation).
WA business leaders have bemoaned the state government's failure to plan for life beyond the
mining construction boom, but still see opportunities in other sectors.
China's post-2013 coal
plant construction boom — mentioned above — was going on even as the economy was shifting to services, renewables were booming, and Chinese demand for coal was declining.
In the 1960s, a high -
rise construction boom led to office buildings being constructed at Empire State Plaza and at the SUNY Albany campus.
(Bloomberg)-- Donald Trump's plans for a
U.S. construction boom have set off a chain reaction that's invigorated commodities prices, hammered bonds, buttressed the dollar and is now ripping into emerging markets.
High - end residential property prices in Perth have weakened considerably since the iron
ore construction boom ended and oil prices collapsed, although these two negative events are slowly slipping from the headlines and being replaced by positive changes.
A year -
long construction boom has helped boost prices for building materials and resources from steel and copper to iron ore, helping to create a reflationary pulse worldwide in commodities markets and manufacturing.
She brings us this report on how the increasing number of pilgrims to Mecca is causing a billion -
dollar construction boom.
The idea of a swimming pool in every yard was simply a postwar refinement of Herbert Hoover's 1928 campaign promise of a chicken in every pot, though the
pool construction boom that took place in the 1950s would have been unthinkable without the introduction of inexpensive, sprayable concrete.
The Blair / Brown economic legacy was one of under - investment in key infrastructure, notably transport and energy; a continuing decline in manufacturing contributing to a structural balance of payments deficit; an accelerating regional economic divide; and a speculative property and
construction boom financing public and private consumption through highly leveraged government and household debt.
«Maybe as the hotel and
construction boom becomes more certain, the IDA will be less desperate about attracting investment,» he said.
In NYC, which is seemingly exhausted by a long -
running construction boom, the number of pitched battles over new developments appears to be growing.
Many Buffalo residents and city officials have noticed a rapid rise in apartment rates as the city experiences its
first construction boom in decades.
Now, the European Space Agency's Herschel telescope has detected heat from five of these dusty galaxies, opening a window into the universe's biggest
stellar construction boom.
The example that Robinson used to illustrate the second point had to do with real estate investor Sam Zell noticing where Starbucks locations were opening up, and using that data point as the spark that led Zell to see the bigger force of China's
construction boom when it was still in its early stages.
The new - build Hotel Indigo Los Angeles Downtown hotel is part of the downtown
area construction boom that's transforming the popular Los Angeles city centre into a walkable destination.
In July, with Beijing in
full construction boom, Wang Wei's «Temporary Space» (curator: Philip Tinari) featured workers completely enclosing an area of the exhibition with a brick wall and then removing the bricks one by one.
Fossil energy was cheap, Ireland was in the grip of a record -
breaking construction boom characterised by quantity over quality, and addressing climate change was not perceived as anything like a priority for Irish businesses.
BRIAN MAFFLY The Salt Lake Tribune Dec 10 2015 Utah unveiled its first large utility - scale solar farm Thursday with the dedication of the Utah Red Hills Renewable Park, part of a solar -
energy construction boom expected to increase the state's generating capacity by 915 megawatts in the coming months.
If hurricanes like Irma, currently aiming for Miami, are going to become more frequent, it's likely to affect property values, and that will have a ripple effect throughout a regional economy that's partly based on an
explosive construction boom.